Agric jss 3 second term examination Mid Term Test

MID TERM TEST SECOND TERM JSS THREE (3) AGRICULTURAL SCIENCE

Part A

Objectives

1. What is a stock? a) A share in a company’s ownership b) A type of grain used in agriculture c) A tool used in farming
2. How is agriculture related to the stock exchange? a) Agriculture is not related to the stock exchange b) Companies involved in agriculture can trade stocks on the stock exchange c) Farmers can trade agricultural commodities on the stock exchange
3. What is the importance of agricultural stocks? a) They allow investors to invest in the agriculture industry b) They help farmers sell their crops c) They provide funding for agricultural research and development
4. Who are the people involved in agricultural stocks? a) Investors and farmers b) Only farmers c) Only stockbrokers
5. What is the function of a stockbroker in agricultural stocks? a) To buy and sell stocks on behalf of investors b) To help farmers sell their crops c) To manage agricultural investments for investors
6. Can agricultural stocks be traded internationally? a) No, agricultural stocks can only be traded within a specific country b) Yes, agricultural stocks can be traded internationally c) It depends on the type of agricultural stock
7. Which of the following is NOT an example of an agricultural stock? a) A company that sells tractors to farmers b) A company that produces fertilizer for crops c) A company that produces smartphones
8. What is the benefit of investing in agricultural stocks? a) High returns on investment b) A stable investment option c) The opportunity to support the agriculture industry
9. What is the risk associated with investing in agricultural stocks? a) Volatility in commodity prices b) Low returns on investment c) No risk is associated with investing in agricultural stocks
10. Can individuals invest in agricultural stocks, or is it only for large institutional investors? a) Only large institutional investors can invest in agricultural stocks b) Individuals can invest in agricultural stocks c) It depends on the specific agricultural stock and the regulations in the country.
11. What is a stock in relation to agriculture and stock exchange? a. A physical product like grain or livestock b. Ownership in a company that is engaged in agricultural activities c. A form of currency used to buy and sell agricultural products
12. What is the importance of agriculture in the stock exchange? a. It helps farmers access capital to grow their businesses b. It provides investors with opportunities to invest in agriculture c. Both a and b
13. Which of the following groups of people are typically involved in agriculture in the stock exchange? a. Farmers b. Investors c. Traders d. All of the above
14. Which of the following is NOT a benefit of agriculture in the stock exchange? a. Increased transparency in agricultural markets b. More efficient price discovery for agricultural products c. Reduced competition in the agricultural industry d. Increased liquidity in agricultural markets
15. What is the role of farmers in the stock exchange? a. To buy and sell stocks in agricultural companies b. To provide agricultural products that can be traded on the stock exchange c. To regulate the stock exchange to ensure fair trading practices
16. Which of the following is an example of an agricultural company that can be traded on the stock exchange? a. A grocery store chain b. A fertilizer manufacturer c. A telecommunication company
17. What is the primary goal of investors who participate in agriculture in the stock exchange? a. To earn profits by buying and selling agricultural stocks b. To support the growth of the agricultural industry c. To donate funds to farmers in need
18. What is the difference between a primary market and a secondary market in agriculture stock exchange? a. The primary market involves the initial public offering of agricultural stocks, while the secondary market involves the trading of those stocks after they have been issued. b. The primary market involves the trading of agricultural products, while the secondary market involves the trading of agricultural stocks. c. The primary market involves the trading of agricultural stocks, while the secondary market involves the buying and selling of agricultural assets like farmland.
19. What are the risks associated with investing in agriculture in the stock exchange? a. Changes in weather patterns that can affect crop yields b. Volatility in commodity prices c. Political instability in countries where agricultural products are produced d. All of the above
20. Which of the following is an example of a stock exchange where agriculture is a major sector? a. Nasdaq b. London Stock Exchange c. Chicago Mercantile Exchange
21. What is the meaning of export promotion in agriculture? a. A strategy to encourage the production and sale of agricultural products in domestic markets b. A plan to increase the volume and value of agricultural products sold to foreign markets c. A method to reduce the cost of producing agricultural products for domestic consumption
22. Which of the following is an example of a Nigerian agricultural product that is commonly exported? a. Plantain b. Yam c. Cassava d. All of the above
23. What is the importance of export promotion in agriculture? a. It can increase foreign exchange earnings for the country b. It can lead to the development of new markets for agricultural products c. It can stimulate the growth of the agricultural sector and create jobs d. All of the above
24. What is the role of government in promoting agricultural exports? a. To provide financial support to farmers and exporters b. To establish trade agreements with foreign countries c. To develop infrastructure to support agricultural exports d. All of the above
25. Which of the following is a challenge that can hinder the promotion of agricultural exports? a. Poor quality control standards for agricultural products b. Lack of access to financing for farmers and exporters c. Limited demand for agricultural products in foreign markets d. All of the above
26. What is a potential benefit of exporting value-added agricultural products instead of raw materials? a. Higher prices for agricultural products in foreign markets b. Increased job opportunities in the agricultural sector c. Greater control over the supply chain for agricultural products d. All of the above
27. Which of the following is an example of a value-added agricultural product? a. Cocoa beans b. Chocolate c. Coffee beans d. All of the above
28. What is the relationship between export promotion in agriculture and food security? a. Export promotion can lead to increased food security by generating more income for farmers b. Export promotion can lead to decreased food security by diverting resources away from domestic food production c. Export promotion has no impact on food security
29. How can technology be used to promote agricultural exports? a. By providing real-time market information to farmers and exporters b. By improving the quality and safety of agricultural products c. By reducing the cost of producing and transporting agricultural products d. All of the above
30. Which of the following is an example of a successful agricultural export promotion program in Nigeria? a. The Agricultural Transformation Agenda (ATA) b. The National Food Security Program (NFSP) c. The Green Revolution Program (GRP)

Part B

Theory