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3 marksFarm Financing and Support Services

CSEC Agricultural Science · May/June 2012 · Paper 2 · Question 7(c)

Completing a loan application form for Penny Pinchers Bank Ltd.

Complete the loan application form by writing THREE requirements that a farmer needs in order to qualify for a loan from a commercial bank.

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Other parts of this question

  1. 7(a)(i)Define the term 'Working capital'.[1 mark]
  2. 7(a)(ii)Define the term 'Fixed capital'.[1 mark]
  3. 7(a)(iii)Define the term 'Subsidy'.[1 mark]
  4. 7(b)(i)Suggest THREE benefits that the tractor will bring to the rural community.[3 marks]
  5. 7(b)(ii)Suggest THREE additional incentives the government can provide to further improve agriculture in this community.[3 marks]

More practice: the rest of this paper · more Farm Financing and Support Services questions · all CSEC Agricultural Science past papers