AIC Jss 1 PVS 3rd Test
  • 1. Tools used on the farm to carry out simple activities are called........
A) ordinary farm tools
B) modern farm tools
C) simple farm tools
D) local farm tools
  • 2. .......is used for tilling the soil.
A) Scissors
B) Wheel barrow
C) Watering can
D) Hoe
  • 3. Matchet and cutlass are used for......
A) tilling the soil
B) pouring water
C) carrying materials
D) clearing bush
  • 4. All are simple farm tools except.....
A) secatuer
B) hoe
C) bulldozer
D) cutlass
  • 5. Economic empowerment entails the following except.....
A) organizing workshop, training seminars
B) giving out inputs like land
C) making loan facilities available for the people
D) arresting unemployed people
  • 6. Livestock means.........
A) rearing and catching fishes
B) rearing of animals like chicken, goats, pigs e.t.c
C) keeping of wild animals
D) planting of crops like cassava, maize, yam e.t.c
  • 7. ......is a day to day recording of transaction or financial activities pertaining to a business
A) Collating
B) Recording
C) Entering
D) Book keeping
  • 8. One of the importance of book keeping is........
A) it reduces customers
B) It covers record income
C) it contain much errors
D) it shows the financial position of the business
  • 9. Book keeping ensure.......
A) transactions are correct , update and comprehensive
B) transactions are reduced and not updated
C) bills and records are illegal
D) expenditure are increase and expensive
  • 10. .....is a free gift of nature.
A) Land
B) Air
C) Animal
D) Cloud
  • 11. Land.....from time to time.
A) depreciate
B) appreciate
C) increases in size
D) reduces in size
  • 12. Which of the following factors of production is immobile.
A) labour
B) land
C) manager
D) capital
  • 13. The reward of labour is....
A) punishment
B) jail
C) wages
D) trafficking
  • 14. Labour is........
A) stagnant
B) immobile
C) mobile
D) deadly
  • 15. The money, property, machines and equipment needed to start business are referred to as....
A) assets
B) sales
C) profit
D) capital
  • 16. The reward of capital is......
A) wages
B) interest
C) rent
D) loss
  • 17. Capital can be gotten from the following source except
A) ceremonies
B) cooperative society
C) family
D) government
  • 18. The.... control and direct the business.
A) entrepreneur
B) labour
C) capital
D) land
  • 19. One of the following is the feature of a manager....
A) he sleeps on duty
B) he controls other factors of production.
C) he bully the labour
D) he spends anyhow
  • 20. Who bears the risk of a business among all the factors of production
A) labour
B) capital
C) land
D) manager
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