NSC Agricultural Management Practices Economic planning: Various options are provided as

Question

Various options are provided as possible answers to the following questions. Choose the answer and write only the letter (A–D) next to the question numbers (1.1.1 to 1.1.10) in the ANSWER BOOK, e.g. 1.1.1 D.

1.1.1 The production factor that cannot be reclaimed easily after it has been utilised for urbanisation:
A   Land  
B   Capital  
C   Labour  
D   Management

1.1.2 The farming system which is known for doing the right thing, in the right place, in the right way and at the right time:
A   Commercial farming  
B   Subsistence farming  
C   Credit farming  
D   Extensive farming

1.1.3 The grazing area that provides sufficient pasture to support a specific number of animals:
A   Vegetation  
B   Carrying capacity  
C   Rotational grazing  
D   Overgrazing

1.1.4 Money, manufactured goods and assets that are used for the production of other goods to generate income:
A   Expenditure  
B   Source of finance  
C   Credit  
D   Capital

1.1.6 Farm credit is a combination of the following characteristics:
(i)   The crop offered as security.  
(ii)  It is usually used for durable fixed investments.  
(iii)  The amount of credit is equal to or more than the value of the crop.  
(iv)  It is used in one growing season.
A   (i), (ii), (iii) and (iv)  
B   (i), (ii) and (iv)  
C   (i), (ii) and (iii)  
D   (ii) and (iv)

1.1.6 The sum total of the income of all the farm enterprises plus sundry farm income:
A   Gross farm income  
B   Gross value of production  
C   Gross income of the enterprise  
D   Gross sales

1.1.7 The effective combination and coordination of all resources to maximise profit:
A   Marketing  
B   Production  
C   Market research  
D   Management

1.1.8 The farm implement used to reap crops:
A   Plough  
B   Harrow  
C   Combine harvester  
D   Ripper

1.1.9 A farming business strategy focusing on one product or operation in a farming enterprise:
A   Diversification  
B   Value adding  
C   Specialisation  
D   Hedging

1.1.10 The heating method which results in not a single living organism being present in the food product after preservation:
A   Sterilising  
B   Pasteurisation  
C   Blanching  
D   Smoking

(10 x 2) (2)

Various options are provided as possible answers to the following questions - NSC Agricultural Management Practices - Question 1 - 2019 - Paper 1

Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Agricultural Management Practices - Question 1 - 2019 - Paper 1

1.1.1 The production factor that cannot be reclaimed easily after it has been utilised for urbanisation:

1.1.2 The farming system which is known for doing the right thing, in the right place, in the right way and at the right time:

1.1.3 The grazing area that provides sufficient pasture to support a specific number of animals:

1.1.4 Money, manufactured goods and assets that are used for the production of other goods to generate income:

1.1.6 Farm credit is a combination of the following characteristics:

1.1.6 The sum total of the income of all the farm enterprises plus sundry farm income:

1.1.7 The effective combination and coordination of all resources to maximise profit:

1.1.8 The farm implement used to reap crops:

1.1.9 A farming business strategy focusing on one product or operation in a farming enterprise:

1.1.10 The heating method which results in not a single living organism being present in the food product after preservation:

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