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NABTEB Economics 2022 Objective — Question 29

Question 29 of 50 from the National Business and Technical Examinations Board (NABTEB) Economics 2022 Objective paper, with the correct answer and a full explanation.

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The main objective of marketing boards is to

  • A. accumulate revenue for government
  • B. educate farmers on pricing of cash crops
  • C. stabilize the incomes of cash crop farmersCorrect
  • D. provide warehousing facilities

Explanation

Marketing boards are public enterprises set up by government mainly to stabilize the incomes of cash crop farmers through buying, selling, packaging, branding and grading of agricultural products.

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