Agricultural Economics MCQ Question and Answer

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Each section contains 100 MCQs on Agricultural Economics .

The population density in Uttar Pradesh according to 2001 - 2002 was

A) 688 people/km² B) 763 people/km² C) 690 people/km² D) 689 people/km²

Discuss

Answer & Solution

Answer: Option D

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

The working population engaged in agriculture is very high in :

A) European countries B) Developing countries C) Developed countries D) U.S.A

Discuss

Answer & Solution

Answer: Option B

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

Effective rate of protection for domestic country is calculated by

A) $${\text{e}} = \frac{{{\text{t}} - {\text{ar}}}}{{1 + {\text{a}}}}$$ B) $${\text{e}} = \frac{{1 + {\text{a}}}}{{{\text{t}} - {\text{ar}}}}$$ C) $${\text{e}} = \frac{{{\text{t}} - {\text{ar}}}}{{1 - {\text{a}}}}$$ D) $${\text{e}} = \frac{{1 - {\text{a}}}}{{{\text{t}} - {\text{ar}}}}$$

Discuss

Answer & Solution

Answer: Option C

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

Which of the following is not a system of farming?

A) Cooperative farming B) Cooperative better farming C) Ranching D) Collective farming

Discuss

Answer & Solution

Answer: Option C

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

Match the following columns

Column I (Theory)	Column II (Scientist)
a. Substitution effect of a price change	1. Slutsky
b. Theory of rent	2. Keynes
c. Liquidity preference theory	3. Samnelson
d. Revealed preferency theory	4. Ricardo

A) a-1, b-4, c-2, d-3 B) a-4, b-1, c-2, d-3 C) a-3, b-2, c-1, d-4 D) a-1, b-3, c-4, d-2

Discuss

Answer & Solution

Answer: Option A

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

MC = MR₁ = MR₂, this condition is used in

A) Price discrimination B) Cartel C) Monopoly D) Monopolistic competition

Discuss

Answer & Solution

Answer: Option A

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

PQLI of Moris D. Moriris does not include

A) Infant mortality B) Life expectancy C) Literacy D) Standard of living

Discuss

Answer & Solution

Answer: Option D

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

A personal account cannot be opened in

A) Reserve Bank of India B) State Bank of India C) Government of India D) Punjab National Bank

Discuss

Answer & Solution

Answer: Option A

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

With reference to farm planning and optimum resource use, consider the following
1. Monopolistic competition
2. Oligopoly
3. Perfect competition
4. Monopoly
What is the correct arrangement of these markets as per the number of sellers in ascending order

A) 4, 2, 1, 3 B) 3, 1, 2, 4 C) All of these D) None of these

Discuss

Answer & Solution

Answer: Option A

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

Farm management as a resource allocation proposition is related to

A) Intra-farm management B) Inter-farm management C) Both A and B D) Inter regional management

Discuss

Answer & Solution

Answer: Option C

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

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Agricultural Economics MCQ Question and Answer | Agriculture MCQ Question