Agricultural Economics MCQ

Test your knowledge with important Agricultural Economics MCQ and their applications. These MCQs are beneficial for competitive exams too. Explore 30 + more Agricultural Economics MCQs at Bissoy

• Total number of villagers in India is
  ক

  5.75 lakh

  খ

  5.25 lakh

  গ

  5.55 lakh

  ঘ

  5.05 lakh
• Zamindari system was adopted in Bengal by
  ক

  Lord Karjan

  খ

  Lord Cornwallis

  গ

  Lord Hamilton

  ঘ

  None of these
• When one buyer and larger seller, the market condition is
  ক

  Perfect market

  খ

  Monopoly

  গ

  Oligopoly

  ঘ

  Duopoly
• Economic is an
  ক

  Art

  খ

  Science

  গ

  Both A and B

  ঘ

  None of these
• The population density in India during 2001 was
  ক

  318 person/sq km

  খ

  324 person/sq km

  গ

  292 person/sq km

  ঘ

  326 person/sq km
• The present area of Rajasthan is
  ক

  342.55 km²

  খ

  340.40 km²

  গ

  366.65 km²

  ঘ

  334.42 km²
• ICOR is . . . . . . . . in less developed countries.
  ক

  Low

  খ

  High

  গ

  Constant

  ঘ

  Zero
• In case of diminishing rate of substitution the curve will be
  ক

  Convex to origin

  খ

  Horizontal

  গ

  Concave to origin

  ঘ

  Vertical
• Price of sugar is
  ক

  Issue price

  খ

  Levy price

  গ

  MSP

  ঘ

  Ceiling price
• Predominant source of net domestic product in India over the years is
  ক

  Industry

  খ

  Agriculture

  গ

  Service sector

  ঘ

  All of these
• Consider the following situations.<br>1. Output remaining constant from a smaller labour force.<br>2. An increase in output resulting from an increase in labour, other things remaining constant.<br>3. Output remaining constant following an increase in the working hours per day.<br>Examples of increased productivity of labour would include
  ক

  Only 1

  খ

  2 and 3

  গ

  1 and 3

  ঘ

  All of these
• Debt-equity ratio is
  ক

  Differed liabilities/Net worth

  খ

  Net worth/Differed liabilities

  গ

  Net worth/Total assets

  ঘ

  None of these
• The Engel curve has . . . . . . . . for all goods.
  ক

  Positive slope

  খ

  Constant slope

  গ

  Negative slope

  ঘ

  All of these
• Maximum growth rate during 2002 - 03 in tax
  ক

  Income tax

  খ

  Excise duty

  গ

  Corporate tax

  ঘ

  Custom duty
• The demand for capital in essence is a
  ক

  Direct demand

  খ

  Derived demand

  গ

  Reciprocal demand

  ঘ

  Complementary demand
• In multicollinearity, 'F' test is used for
  ক

  Presence and severity

  খ

  Pattern

  গ

  Location

  ঘ

  No usage
• First land Mortgage bank in 1920 established at
  ক

  Karnataka

  খ

  Gujarat

  গ

  West Bengal

  ঘ

  Punjab
• The literacy rate of Uttar Pradesh recently is
  ক

  52.36%

  খ

  57.36%

  গ

  65.38%

  ঘ

  61.33%
• When a new variety of crop is introduced
  ক

  Full budgeting is a must

  খ

  Partial budgeting is required

  গ

  No budgeting is required

  ঘ

  Only planning is needed
• The additional increase in variable cost with the additional increase in output is called
  ক

  Fixed cost

  খ

  Variable cost

  গ

  Marginal cost

  ঘ

  Implicit cost
• Consumers are likely to get a variety of goods under
  ক

  Monopoly

  খ

  Oligopoly

  গ

  Monopolistic competition

  ঘ

  Perfect competition
• Elasticity of production is one when
  ক

  MP = AP

  খ

  MP &gt; AP

  গ

  MP

  ঘ

  None of these
• Which of the following cost is subtracted from gross income (GI) to get farm business income (owner)
  ক

  Cost A₁

  খ

  Cost A₂

  গ

  Cost B

  ঘ

  Cost C
• Optimum choices of enterprises or combination of enterprises is made based on
  ক

  Principle of least cost

  খ

  Principle of variable proportions

  গ

  Principle of opportunity cost

  ঘ

  Principle of cost
• Keynes is associated with
  ক

  Structural unemployment

  খ

  Seasonal unemployment

  গ

  Frictional unemployment

  ঘ

  Cyclical unemployment
• Which one of the following pair is/are correct
  ক

  $$\frac{{\vartriangle qd}}{{\vartriangle P}} \cdot \frac{P}{{qd}}$$   - Price elasticity of demand

  খ

  $$\frac{{\vartriangle qx}}{{\vartriangle Py}} \cdot \frac{{Py}}{{qx}}$$   - Cross elasticity of demand

  গ

  $$\frac{{\vartriangle qs}}{{\vartriangle P}} \cdot \frac{P}{{qs}}$$   - Elasticity of supply

  ঘ

  All of these
• The 14 major banks were nationalised in the year
  ক

  1969

  খ

  1968

  গ

  1967

  ঘ

  1975
• In the linear relationship, each additional unit of the variable input when applied to fixed factor(s) produces
  ক

  Less amount of additional product

  খ

  Less amount of additional input

  গ

  Equal amount of additional product

  ঘ

  Equal amount of additional input
• Development of farm sector gives a boost to secondary sector and development of primary and secondary sectors gives a boost to the tertiary sector. This is called the 'Product contribution of agriculture'. This concept was coined by
  ক

  Ragner Frisch

  খ

  R-H Tuck

  গ

  Simon Kuznet

  ঘ

  F-H Knight
• The formula for rate of capital turnover is
  ক

  $$\frac{{{\text{Gross income}}}}{{{\text{Total farm assets}}}} \times 100$$

  খ

  $$\frac{{{\text{Net income}}}}{{{\text{Total farm assets }}}} \times 100$$

  গ

  $$\frac{{{\text{Total farm assets}}}}{{{\text{Net form income}}}} \times 100$$

  ঘ

  None of these