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DEMAND FOR MONEY AND IT’S SCARCITY

DEMAND FOR MONEY Definition: The demand for money is the total  amount of money which all individuals in the economy wish, for various reasons, to hold.  In other words, the demand for money refers to the desire to hold money; that is, keep one’s  resources in liquid form rather than spending it. The demand for …

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English Questions and Answers For D...
English Questions and Answers For Daily Conversation - Part 31

IMPORTANCE OF CROP IMPROVEMENT PROCESS

CROP IMPROVEMENT MEANING OF CROP IMPROVEMENT Crop improvement is defined as the science that deals with the development of crop varieties with superior quality quantity. In other words, crop improvement refers to the ways of developing and breeding of crop varieties are better than the existing varieties member of characters. As a result of the …

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MENDELIAN LAWS OF SEGREGATION, INHERITANCE AND GENETICS AND ITS APPLICATION

MENDELIAN LAWS OF INHERITANCE In order to understand the Mendelian Laws and its usefulness in plant breeding, it is important to know some technical words which we shall come across in crop improvement. Definition of Some Genetic Terms (i) Genes: Genes are hereditary units or basic units of inheritance. They are located in chromosomes and …

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types of breeding and their importance to production

Breeding of Hybridization Hybridization is a method by which an offspring is produced through the crossing of two different plant varieties of the same species. In other words, it refers to the development of plants by combining inherited qualities of one plant with that of another through the fertilization of female with male gametes. TYPES …

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ANIMAL BY-PRODUCTS OF SKIN AND HIDES, FUR AND BONES AND USES

ANIMAL BY-PRODUCTS By –products derived from farm animals include hides and skin, fur, wool, feathers, horns, milk, egg, meat, tail of animal, bone, blood and manure (dung) HIDES AND SKIN Hides and skin: hides and skin are derived from the skin of cattle, sheep, goat, pig and rabbit ECONOMIC IMPORTANCE OF HIDES AND SKIN i. …

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AGRICULTURAL FINANCE AND CREDIT

MEANING OF AGRICULTURAL FINANCE AND CREDIT Agricultural finance is defined as the act of acquisition and use of capital in agriculture. In other words, it deals with the supply of and demand for funds in the agricultural sector of the economy. IMPORTANCE OF AGRICULTURAL FINANCE (i) It enables farmers to meet seasonal and annual fluctuations …

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AGRICULTURAL CREDIT, SUBSIDY AND INTEREST

MEANING OF AGRICULTURAL CREDIT, AGRICULTURAL SUBSIDY AND INTEREST (a) Agricultural credit Agricultural credits are loans obtained by the farmers to start or to expand his farming business. It is repayable over a period of time with some interest as determined by the source of the credit. Agricultural subsidy Agricultural subsidy refers to a non-refundable aid …

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AGRICULTURAL FINANCE 1

  CLASSIFICATION OF CREDIT These are three classes of credit. These three classification of credit are based on the following:     Classification based on length of period (i.e. time period) of the loan; under this classification, there exist three classes of loan or credit. These are: (i) Short term credit: This is a productive …

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AGRICULTURAL CAPITAL MARKET

CAPITAL MARKET Definition: Capital market is a market for raising medium-term and long-term loans for Agric-business. In this market, medium and long-term loans are made available for investment. They are institutions, structures and mechanism whereby medium-term and long-term loans are pooled and made available to investors in Agric-business. INSTITUTIONS INVOLVED IN THE CAPITAL MARKET THE …

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AGRICULTURAL BUSINESSES

AGRICULTURAL BUSINESS Definition: Agric-business is a business that earns most or all of its revenue from agriculture. Agric-business tends to be a large scale business operation and may dabble farming, processing and manufacturing, and/or the packaging and distribution of farm products. It is basically the business of farming. Agric-business also entails the production, processing, supply …

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