Agricultural credits should be put to the following uses except

Assessment: WAEC SSCE - Agricultural Science - 2007 (Objective) Subject: Agricultural Science

Question 1 Report

Agricultural credits should be put to the following uses except
Answer Details
Agricultural credits are funds made available to farmers or agribusinesses to finance their activities. The purpose of agricultural credits is to enhance agricultural productivity and help farmers overcome financial constraints. Agricultural credits should be used to finance activities that will increase agricultural productivity, and not for personal or non-agricultural purposes. Therefore, agricultural credits should not be put towards meeting family needs, such as paying for household expenses, or towards improving structures that are not directly related to agricultural productivity, such as building a new house. Instead, agricultural credits should be used to purchase inputs, such as seeds, fertilizers, or pesticides, and to adopt innovations, such as new farming techniques or technologies that can increase yields and efficiency.

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