Agricultural Economics MCQ Question and Answer

11

National income generated by agriculture is calculated by using

A) Income method B) Out put method C) Expenditure method D) All of these

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

12

Nature of economic laws is

A) Normative B) Destructive C) Exactness D) Positive

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

13

The apex organisation for marketing co-operative societies at the national level is

A) FCI B) NAFED C) NCCF D) Marketing Bank

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

14

An economy where allocation of resources is determined by the operation of price mechanism is termed as

A) Planned economy B) Mixed economy C) Market economy D) Traditional economy

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

15

SDR's came into effect from

A) 1955 B) 1980 C) 1970 D) 1990

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

16

Green revolution has been possible in India due to

A) Skill of farmers B) Wonder seeds C) Timely monsoon D) Application of green manure

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

17

Which one of the following pairs is not correctly matched?

A) Elasticity of production greater than unity - Stage 2^nd of classical production function B) Negative marginal product - Stage 3^rd of classical production function C) Negative elasticity of production - Stage 3^rd of classical production function D) Average product decrease but is greater than MP - Stage 2^nd of classical production function

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

18

Logical ordering theory was proposed by

A) Walker B) Joan Robinson C) Lancasteir D) Hicks

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

19

Literacy rate of men in the country in 2011 was

A) 68.34% B) 72.38% C) 82.13% D) 75.83%

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

20

For Giffen goods price consumption curve will be

A) Backward sloping B) Horizontal C) Downward sloping D) Upward sloping

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

Agricultural Economics MCQ Question and Answer | Agriculture MCQ Question