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Vraag 1 Verslag
All but one are qualities of a good extension worker
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Out of the four options, "Involvement in local politics" is not a quality of a good extension worker. An extension worker is a professional who helps farmers and rural communities to adopt new technologies and improve their agricultural practices. To be effective in this role, an extension worker should have certain qualities, such as: - Organizational Ability: The ability to plan and carry out activities efficiently, and to manage resources effectively. - Clear Judgement: The ability to analyze information, make sound decisions, and provide advice to others. - Initiative: The ability to take the lead in solving problems and identifying opportunities for improvement. Involvement in local politics is not a quality of a good extension worker because extension workers should maintain impartiality and not align themselves with any particular political party or interest group. They should be focused on providing impartial and evidence-based advice to support the development of the rural communities they serve.
Vraag 2 Verslag
The type of labour available to peasant farmers is
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Peasant farming is a type of farming that is practised by peasant farmers on small farm holdings. The labour is mostly supplied by the farmer and his family. The type of labour available to peasant farmers is family labour because most peasant farmers practise subsistence agriculture. Choice A is correct.
Vraag 3 Verslag
Maize grows best on
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Maize grows best on loamy soil. Loamy soil is a mixture of sand, silt, and clay, and is considered one of the best soil types for growing crops like maize. This is because loamy soil has a balanced mix of particles that allows it to hold water and nutrients well while also providing good drainage. The balance of sand, silt, and clay in loamy soil allows for good aeration, which is important for healthy root growth in maize plants. Sandy soil, on the other hand, has larger particles that do not hold water or nutrients well and can lead to poor crop growth. Sandy-clay soil and silty-clay soil have higher clay content, which can lead to poor drainage and waterlogging in wet conditions, making them less suitable for growing maize. In summary, maize grows best on loamy soil, which has a balanced mix of sand, silt, and clay that provides good drainage, aeration, and nutrient holding capacity for healthy crop growth.
Vraag 4 Verslag
Oil palm trees do well in soils with pH level of
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Oil palm trees do well in soils with a pH level between 5.5 and 6.5. Soil pH is a measure of the acidity or alkalinity of the soil, and it affects the availability of nutrients to plants. The pH scale ranges from 0 to 14, with a pH of 7 considered neutral. Values below 7 are considered acidic, and those above 7 are alkaline. Oil palm trees have specific nutrient requirements, and the availability of these nutrients can be affected by soil pH. Soils with a pH level between 5.5 and 6.5 are considered slightly acidic to neutral, which is optimal for oil palm growth and production. In soils that are too acidic or alkaline, certain nutrients may be unavailable to the plant, leading to nutrient deficiencies and reduced yields. It's worth noting that different soils have varying levels of acidity or alkalinity, and it's important to test the soil pH level before planting oil palm trees to ensure the soil is suitable for the crop. Soil pH can be adjusted through the application of soil amendments such as lime to increase the pH or sulfur to decrease the pH, depending on the specific needs of the soil and the crop.
Vraag 5 Verslag
The cThe commonest method of land tenure in Nigeria isommonest method of land tenure in Nigeria is
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There are various forms of land tenure systems in Nigeria ranging from communal ownership, inheritance tenure system, leasehold tenure system, rent tenure system, gift tenure system, freehold tenure system and tenant at government will. Land are popularly and commonly inherited in Nigeria, this has been the oldest and commonest land tenure in Nigeria.
Vraag 6 Verslag
Which of the following is not a source of farm power?
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Farm operations are done by different sources of power, namely human, animal, oil engine, tractor, power tiller, electricity and renewable energy (biogas, solar and wind). Human beings are the main source of power for operating small tools and implements. Choice D is correct. Plough is not 2 source of farm power.
Vraag 7 Verslag
Some of the by-products of fish include the following except
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The by-product of fish that is not on the list is "leather." Fish can be a valuable source of various by-products that are useful in various industries. For example, fish can be processed into fish meal, which is a high-protein feed ingredient used in animal feed production. Fish oil is another by-product that is commonly extracted from fish, which has a wide range of applications in the food, pharmaceutical, and cosmetic industries. Fish silage is another by-product that is produced when fish waste is ensiled, which can then be used as a fertilizer or feed ingredient. However, leather is not a by-product that is typically associated with fish. Leather is usually made from the skin or hide of animals such as cows, sheep, and goats. Therefore, leather is not a by-product of fish. In summary, while fish can be processed into a range of useful by-products like fish meal, oil, and silage, leather is not one of them.
Vraag 8 Verslag
Which one of these is not a factor that affect change in supply of agricultural produce?
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Fixed cost is the option that does not affect the change in supply of agricultural produce. Fixed costs are the expenses that do not change with changes in the level of output or production, such as rent or salaries. In contrast, factors that affect the change in supply of agricultural produce are those that influence the quantity of goods that farmers are willing and able to produce and sell in a given period of time. Technology can increase the efficiency and productivity of agricultural production, leading to an increase in supply. Changes in the cost of production, such as changes in the price of inputs like fertilizer or labor, can affect the profitability of farming and impact the supply of agricultural produce. Changes in commodity prices can also affect the supply of agricultural produce, as farmers may be more willing to produce more goods if they can sell them at higher prices. In summary, while fixed costs are an important consideration in farming and agricultural production, they do not directly affect the change in supply of agricultural produce.
Vraag 9 Verslag
Which of the following cereal crops most requires nursery practices?
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Rice is the cereal crop that most requires nursery practices. Rice is typically started from seed in a controlled nursery environment before being transplanted to the field. This process is known as "direct seeding" and it involves sowing the rice seeds in a seedbed or nursery, where they can be carefully tended and protected from pests and other threats until they are strong enough to be transplanted. Nursery practices for rice can include things like preparing the seedbed, selecting high-quality seeds, managing water and nutrients, controlling pests and diseases, and ensuring proper spacing between seedlings. Once the seedlings have grown to a certain size and are strong enough to withstand transplanting, they are carefully uprooted and moved to the main field. While other cereal crops like maize, millet, and guinea corn can also benefit from certain nursery practices, they are typically started directly in the field through methods like broadcasting or drilling. Rice, on the other hand, is more commonly transplanted from a nursery, making it the cereal crop that most requires nursery practices.
Vraag 10 Verslag
Increase in farm produce is not usually improved by the
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The option that is not usually related to an increase in farm produce is "improved sales of crop and livestock." Improved sales refer to better marketing and selling strategies, which can result in higher profits, but it does not directly increase the quantity of farm produce. On the other hand, the use of improved crop varieties, increased use of manure and fertilizer, and use of better farm equipment and tools are all factors that can contribute to an increase in farm produce. Improved crop varieties have traits that are better adapted to the local growing conditions, such as resistance to pests and diseases, or tolerance to drought or floods. Increased use of manure and fertilizer helps to improve soil fertility and nutrient levels, which can increase the yield and quality of crops. Better farm equipment and tools can make the farming process more efficient, allowing farmers to cultivate larger areas in less time and with less labor. Therefore, to summarize, the option that is not usually improved by an increase in farm produce is "Improved sales of crop and livestock", as it refers to better marketing strategies and does not directly increase the quantity of farm produce.
Vraag 11 Verslag
The Head of the tapeworm is known as the
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The head of a tapeworm is known as the "scolex". The scolex is the attachment organ of the tapeworm that enables it to attach to the host's intestinal wall. It is a small, flattened structure that contains suckers and hooks, which the tapeworm uses to hold onto the intestine. The rostellum is a structure found on some tapeworms that helps them attach to the host's intestinal wall, but it is not the same as the scolex. Therefore, the correct answer is "scolex" when referring to the head of a tapeworm.
Vraag 12 Verslag
Ideal pH for coffee cultivation is
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Coffee is cultivated in many places in tropical Latin America, Asia and Africa between the Tropic of Cancer and the Tropic of Capricorn. It grows best in places with rich soil, reliable rainfall and altitudes between 3000 and 6000 feet. As a rule, the higher the elevation the coffee is grown the better the quality. The ideal pH of coffee is between 6.5 to 7.5. Therefore, choice D is correct.
Vraag 13 Verslag
If a crop requires 1.5kg phosphorus per hectare, how many kg of manure will be required per hectare if 1kg manure contains 0.32kg of phosphorus
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To calculate the amount of manure required per hectare, we need to use the ratio of phosphorus in manure to the amount of phosphorus required per hectare. Given that 1kg of manure contains 0.32kg of phosphorus, we can calculate the amount of manure required to supply 1.5kg of phosphorus per hectare as follows: 1.5 kg phosphorus / 0.32 kg phosphorus per 1 kg manure = 4.69 kg manure per hectare Therefore, the amount of manure required per hectare to supply the required amount of phosphorus is 4.69 kg. So, (4.69kg) is the correct answer.
Vraag 14 Verslag
Which of the following requires Silicon (Si) for its growth?
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Out of the given options, none of them directly requires Silicon (Si) for their growth. However, some plants can benefit from having Silicon available in their environment, and may grow better and healthier as a result. Silicon is not an essential nutrient for plants, meaning that they can grow without it. However, some research suggests that Silicon can improve plant growth, especially in harsh environmental conditions like drought, high salinity, and pests or diseases. Of the plants listed, Rice is one of the crops that has been shown to benefit significantly from Silicon supplementation. This is because Rice is a heavy user of Silicon, which it takes up and accumulates in its tissues, contributing to the structural stability of the plant and enhancing its resistance to pests and diseases. In summary, while none of the given plants require Silicon for their growth, Rice is one of the crops that can benefit from it. However, it's important to note that Silicon is not a magic bullet for plant growth and should be used in conjunction with other best practices for plant health and productivity.
Vraag 15 Verslag
Crops grown primarily for feeding animals are known as
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Crops grown primarily for feeding animals are known as forage. Forage crops are grown specifically to be used as animal feed, either by grazing animals directly on the pasture or by harvesting the forage and feeding it to animals as silage or hay. Forage crops can include grasses, legumes, and other plants that are high in fiber and provide the necessary nutrients for animal growth and development. These crops can be grown for a variety of animals, such as cattle, sheep, goats, and horses. Vegetables, cereals, and shrubs, on the other hand, are not primarily grown for feeding animals. Vegetables are grown for human consumption, while cereals can be grown for both human consumption and animal feed. Shrubs, although they can be used as animal feed in some cases, are typically not grown specifically for this purpose. Therefore, forage is the term used to describe crops that are grown primarily for feeding animals.
Vraag 16 Verslag
What is crop rotation?
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Crop rotation is the practice of growing a series of dissimilar or different types of crops in the same area in sequenced seasons. It is done so that the soil of farms is not used for only one set of nutrients. It helps in reducing soil erosion and increases soil fertility and yield crop. Choice A is correct. Crop rotation involves the growing of crops one after other in a particular sequence
Vraag 17 Verslag
The parent material of a soil is formed from the disintegration of
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The parent material of a soil is formed from the disintegration of rock. Soil is made up of many different components, including organic matter, minerals, water, and air. However, the most important component of soil is the parent material, which is the rock or mineral that the soil is derived from. Over time, rock is broken down into smaller and smaller pieces by physical and chemical weathering processes. This process can take thousands of years, but eventually, the rock is reduced to small particles like sand, silt, and gravel. These smaller particles become the building blocks of soil, and they provide the structure and nutrients that plants and other organisms need to grow. In conclusion, the parent material of a soil is formed from the disintegration of rock, which is broken down over time into smaller particles like sand, silt, and gravel. These particles become the foundation of soil and provide the structure and nutrients that plants and other organisms need to grow.
Vraag 18 Verslag
Which of the following fruit is a capsule?
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A capsule is a dry, usually dehiscent fruit which develops from a compound ovary, splitting open in multiple sutures into several seed-bearing sections or carpels, e.g. cotton, durian, kapok, castor bean, okra. A capsule is a type of simple, dry, though rarely fleshy dehiscent fruit produced by many species of angiosperms. Only okra in the options is a capsule.
Vraag 19 Verslag
The most effective method of controlling or preventing viral diseases in plants is by
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Prevention, or at least alleviation, of the effects of viruses, involves:
(1) Elimination of sources of virus.
(2) Elimination of the virus from infected plants.
(3) Control of vectors.
(4) Breeding for resistance and the use of cross-protection methods.
Each of these approaches to control will be considered.
Planting resistant varieties of a plant/crop is the most effective method of controlling or preventing viral diseases since, the varieties can resist viral infections.
Vraag 20 Verslag
Which of the following nutrient is highly immobile in plants?
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Mobile nutrients are nitrogen in the form of nitrate, phosphorus (P) in the form of phosphate, potassium (K), magnesium (Mg), chlorine (Cl), zinc (Zn) and molybdene (Mo). Calcium (Ca), sulfur (S), iron (Fe), boron (B) and copper (Cu) are immobile. Boron (B) is highly immobile because of its size. Therefore, choice A is correct.
Vraag 21 Verslag
Which of the following nutrient element is not a micro-nutrient
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Calcium is not a micro-nutrient. Nutrients required by plants for growth and development can be classified into two categories: macro-nutrients and micro-nutrients. Macro-nutrients are nutrients that are required in larger amounts by plants, while micro-nutrients are required in smaller amounts. Calcium is a macro-nutrient that is essential for plant growth and development. It is required in relatively large amounts and plays an important role in cell wall formation, root development, and the regulation of other nutrients in the plant. In contrast, Iron, Manganese, and Boron are micro-nutrients that are required by plants in smaller amounts. These micro-nutrients are important for various functions in the plant, such as photosynthesis, enzyme activation, and hormone regulation. Therefore, Calcium is not a micro-nutrient because it is required in larger amounts by plants compared to micro-nutrients like Iron, Manganese, and Boron.
Vraag 22 Verslag
The main mode of infection of rinderpest disease in cattle is through
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The main mode of infection of rinderpest disease in cattle is through inhalation. Rinderpest is a viral disease that affects cattle and other cloven-hoofed animals. The virus is highly contagious and can spread rapidly through herds. The virus is shed in large amounts in nasal and ocular discharges, saliva, and feces of infected animals, which can contaminate the environment and infect other animals. Inhalation of the virus occurs when healthy animals breathe in the virus from the air or from contaminated surfaces, such as feed and water troughs or fences. The virus can survive for several days in the environment, which means that even if an infected animal has been removed from a location, the virus can still be present and infect other animals. While grazing and drinking contaminated water can also lead to infection, inhalation is the primary mode of transmission for rinderpest. The virus can also be spread through contact with contaminated objects or through the handling of infected animals, but these modes of transmission are less common compared to inhalation. In summary, the main mode of infection of rinderpest disease in cattle is through inhalation of the virus, which can be present in the air or on contaminated surfaces.
Vraag 23 Verslag
Which one of these is not part of a disc plough?
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Planter is not part of a disc plough. A disc plough is a farm implement that is used for primary tillage to break up and loosen soil in preparation for planting. It typically consists of a series of individual discs, which are arranged in a line and mounted on a frame. The coulter is a vertical blade that cuts through the soil and creates a furrow for the discs to follow. The discs themselves are typically concave and have a sharp edge, which slices through the soil and turns it over. The furrow wheel follows behind the discs and helps to control the depth of the ploughing. The disc scraper is a blade or bar that is attached to the frame of the plough and helps to prevent the discs from becoming clogged with soil or debris. It is typically positioned behind the discs and scrapes away any material that may be caught between them. Therefore, the planter is the option that is not part of a disc plough. A planter is a separate implement that is used for planting seeds or seedlings into the soil, and is not typically integrated into the design of a disc plough.
Vraag 24 Verslag
Which of the following is not a part of the reproduction system of a hen?
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The ureter is not a part of the reproduction system of a hen. The ureter is a part of the urinary system and is responsible for carrying urine from the kidney to the bladder. The other three options, funnel, isthmus, and ovary, are all parts of the hen's reproductive system. The funnel is a funnel-shaped opening in the female reproductive system that connects the oviduct and the cloaca, the isthmus is a narrow part of the oviduct that connects the funnel to the uterus, and the ovary is a reproductive gland that produces the eggs.
Vraag 25 Verslag
The most unreliable source of power on the farm is
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The most unreliable source of power on the farm is wind. This is because wind is a highly variable and unpredictable resource that can change in strength and direction quickly. Unlike other sources of power, such as electricity or heat engines, which are more consistent and controllable, wind power is subject to the whims of nature and can't be relied upon to provide consistent and reliable power for farming operations. Additionally, wind turbines require a minimum wind speed to generate power, and in calm weather conditions, they may not produce any power at all.
Vraag 26 Verslag
One major difference between disc plough and disc harrow is
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The main difference between a disc plough and a disc harrow is their purpose and how they interact with the soil. A disc plough is used to turn over and break up the soil to create furrows for planting crops, while a disc harrow is used to break up clumps of soil, level the ground, and prepare it for planting by chopping up weeds, roots, and plant residue. The disc part of a plough is notched, which helps it to cut through the soil, while the disc part of a harrow is round, which allows it to smooth out the soil surface.
Vraag 27 Verslag
The part of the ruminant stomach from which digestive juices secreted is the
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The part of the ruminant stomach from which digestive juices are secreted is the abomasum. Ruminants, such as cows, sheep, and goats, have a four-compartment stomach that allows them to break down tough plant material through a process of fermentation. The four compartments of the ruminant stomach are the rumen, reticulum, omasum, and abomasum. The rumen and reticulum are the first two compartments and work together to break down food through fermentation and mixing with digestive juices. The omasum is the third compartment and is responsible for absorbing water and some nutrients. The abomasum is the fourth and final compartment and is equivalent to the true stomach in non-ruminant animals. It is where the majority of digestive juices are secreted and where the final stages of protein digestion occur. The abomasum also secretes enzymes that help to break down fats and carbohydrates. In summary, while the rumen and reticulum of the ruminant stomach are responsible for fermentation and mixing of food, it is the abomasum where the majority of digestive juices are secreted and where the final stages of protein digestion occur.
Vraag 28 Verslag
Dura, Tenera and Pisifera are all cultivated varieties of
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Dura, Tenera, and Pisifera are all cultivated varieties of oil palm. Oil palm is a type of palm tree that is grown for its fruit, which contains a high amount of oil that is used for cooking and in many other products. The three varieties, Dura, Tenera, and Pisifera, are all different in their physical characteristics and the amount of oil they produce. 1. Dura: This variety of oil palm has thick-shelled fruit with a relatively low oil content. It is commonly used as a rootstock for grafting other varieties onto. 2. Tenera: This variety is a hybrid between Dura and Pisifera and is the most commonly cultivated variety of oil palm. Its fruit has a thinner shell and higher oil content compared to Dura. 3. Pisifera: This variety has thin-shelled fruit and a high oil content, but it is less commonly cultivated than Tenera because its fruit is prone to damage and disease. In summary, Dura, Tenera, and Pisifera are all cultivated varieties of oil palm that have different physical characteristics and oil content. Tenera is the most commonly cultivated variety because it has the best balance of fruit quality and oil content.
Vraag 29 Verslag
Which one of these is not an advantage of newspaper as agricultural extension teaching methods?
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Extension teaching methods are the tools and techniques used to create situations in which communication can take place between the rural people and the extension professionals. These are the methods of imparting new knowledge and skills to the rural people by drawing their attention towards such technologies, thereby arousing their interest and helping them to have a successful experience of the new practice. Newspaper can only be read by the literate farmers and majority of the farmers are ILLITERATE.
Vraag 30 Verslag
New Zealand is a breed of which animal?
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The New Zealand is a breed of rabbit, which despite the name, is American in origin. The breed originated in California, possibly from rabbits imported from New Zealand.
New zealand is a breed of Rabbit
Vraag 31 Verslag
All are factors to consider when planning a farmstead except?
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Irrigation is not a factor to consider when planning a farmstead because it is not a requirement for a farmstead. A farmstead refers to a farm and the buildings and other structures on the farm, such as a house, barn, and outbuildings. Accessibility, topography, and soil type are all important factors to consider when planning a farmstead because they can impact the type of crops or livestock that can be raised on the farm, as well as the design and placement of buildings and other structures. Accessibility refers to the ease of getting to and from the farm, which can impact the transportation of goods and people. Topography refers to the natural features of the land, such as hills and valleys, which can impact the placement of buildings and the type of crops that can be grown. Soil type refers to the type of soil on the farm, which can impact the type of crops that can be grown and the fertility of the soil.
Vraag 32 Verslag
One of the symptoms of vitamin deficiency diseases in livestock includes except
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General symptoms include stunted growth, delayed maturity, reduced fertility, lowered milk yield, unthrift ness, fragile bones and paralytic syndromes. This can be rectified by feeding of good quality roughages and including mineral mixtures in ration of young and producing stocks and by use of salt bricks. Deficiency in vitamin cannot improve fertility rather it decreases it, leads to loss of appetite, scurvy and rickets.
Vraag 33 Verslag
The maturity period of groundnut in month is
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The maturity period of groundnut is typically between 4 to 5 months. This means that from the time the groundnut is planted until it is fully grown and ready for harvest, it takes between 4 to 5 months. During this period, the groundnut undergoes several stages of growth, including germination, flowering, and pod development, until it reaches maturity. The length of the maturity period can vary depending on the specific variety of groundnut and the growing conditions, such as climate, soil, and water availability. However, on average, it takes about 4 to 5 months for groundnuts to reach maturity and be ready for harvesting.
Vraag 34 Verslag
Which of the following is a type of land tenure system?
Antwoorddetails
The type of land tenure system is the freehold system. The freehold system is a type of land tenure system in which an individual or entity owns the land outright and has the right to use, occupy, and sell the land as they see fit. This type of system is common in many countries around the world, including the United States, Canada, and Australia. Under the freehold system, the owner of the land has complete control over it, and can use it for any legal purpose, such as agriculture, residential or commercial development, or conservation. The owner is also responsible for paying property taxes on the land and any structures or improvements that are built on it. This system is different from other types of land tenure systems, such as leasehold or communal systems, where individuals or groups have limited rights to use or occupy the land, and ownership may be held by a government entity or a community as a whole. Overall, the freehold system is designed to provide individuals or entities with secure and exclusive rights to use and manage the land, which can encourage investment, development, and long-term planning.
Vraag 35 Verslag
All but one are related to surface irrigation?
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Surface irrigation is where water is applied and distributed over the soil surface by gravity. It is by far the most common form of irrigation throughout the world and has been practiced in many areas virtually unchanged for thousands of years. Mole drainage is a subsurface method of draining clay soils that experience regular waterlogging from irrigation or high rainfall
Vraag 36 Verslag
Newcastle disease is viral diseases that affect which animals?
Antwoorddetails
Newcastle disease is a viral disease that primarily affects poultry birds such as chickens, turkeys, ducks, and geese. This disease can cause severe respiratory, nervous and digestive symptoms in infected birds and can lead to high mortality rates in flocks. In severe cases, Newcastle disease can also spread to other birds in the area and cause outbreaks. It is important to maintain good biosecurity measures and to seek veterinary advice if any signs of the disease are suspected in a flock.
Vraag 37 Verslag
In animal nutrition, iodine is essential for the production of
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Iodine is essential for the production of thyrozine, which is a hormone produced by the thyroid gland. The thyroid gland is a small butterfly-shaped gland located in the neck. Thyrozine helps regulate the metabolism of animals and other organisms, which is the process by which they use energy from food to carry out their daily activities. Iodine is important because it is a key component of thyrozine. Without enough iodine, the thyroid gland cannot produce enough thyrozine, which can lead to a variety of health problems, including a slow metabolism and weight gain. In conclusion, iodine is an essential nutrient for animals, and it is important for the production of the hormone thyrozine, which helps regulate metabolism.
Vraag 38 Verslag
Dura, Tenera and Pisifera are all cultivated varieties of
Antwoorddetails
There are different varieties of oil palm: dura palms have kernels with a thick shell; pisifera palms have kernels with no shell; tenera palms have kernels with a thin shell. Dure, Tenera and Pisifera are cultivate varieties of oil palm. Choice B is correct.
Vraag 39 Verslag
All but one are related to surface irrigation?
Antwoorddetails
Surface irrigation is where water is applied and distributed over the soil surface by gravity. It is by far the most common form of irrigation throughout the world and has been practiced in many areas virtually unchanged for thousands of years. Mole drainage is a subsurface method of draining clay soils that experience regular waterlogging from irrigation or high rainfall
Vraag 40 Verslag
The degree of responsiveness of demand to change in the price of goods or produce is referred to as
Antwoorddetails
The degree of responsiveness of demand to a change in the price of goods or produce is referred to as price elasticity of demand. Price elasticity of demand is a measure of how much the quantity of a good or product demanded will change in response to a change in its price. If the quantity demanded changes a lot in response to a change in price, the demand is said to be elastic, and the price elasticity of demand will be high. If the quantity demanded changes only a little in response to a change in price, the demand is said to be inelastic, and the price elasticity of demand will be low. For example, if the price of a gallon of milk were to increase by 50%, and the quantity of milk demanded were to decrease by only 10%, the demand for milk would be said to be inelastic. On the other hand, if the price of a luxury car were to increase by 50% and the quantity demanded were to decrease by 50%, the demand for luxury cars would be said to be elastic. Price elasticity of demand is an important concept in economics, as it helps producers and policymakers understand how consumers will respond to changes in price. It can also help businesses make decisions about pricing strategies, such as whether to lower prices to increase demand or raise prices to increase profits.
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