Agricultural Economics MCQ Question and Answer

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Each section contains 100 MCQs on Agricultural Economics .

Increase in Indian population is due to

A) High birth rate B) Low death rate C) Both A and B D) Defective Family Planning

Discuss

Answer & Solution

Answer: Option C

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

NABARD established on

A) 12^th July, 1982 B) 1^st January, 1982 C) 1^st July, 1955 D) None of these

Discuss

Answer & Solution

Answer: Option A

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

Which of the following is management decisions?

A) Selection of least cost B) Level of resources use C) Enterprise mix D) All of these

Discuss

Answer & Solution

Answer: Option D

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

Farm budget is a tool of farm management analysis.

A) False B) True C) Never include cost D) None of these

Discuss

Answer & Solution

Answer: Option B

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

For inelastic goods, fall in the price leads to

A) Increase in TE B) No change in TE C) Decrease in TE D) Constant in TE

Discuss

Answer & Solution

Answer: Option C

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

The slope of the isocost line indicates

A) Marginal rate of substitution B) Ratio of factor prices C) Price effect D) None of the above

Discuss

Answer & Solution

Answer: Option B

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

Match the following columns

Column I	Column II
a. I.A.D.P	1. 1953
b. National extension service	2. 1960
c. Intensive agriculture area programme	3. 1964
d. National demonstration programme	4. 1965

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

Discuss

Answer & Solution

Answer: Option A

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

What is "support price" for an agriculture commodity

A) Subsidy paid by the government over the price already available in the market B) The floor price below which it cannot be sold C) The minimum price at which the government is prepared to buy it D) Money paid to agriculturists for case of drought damaging their crops

Discuss

Answer & Solution

Answer: Option C

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

Loan to the foreign Government is a type of

A) Capital expenditure B) Revenue expenditure C) Both A and B D) Neither A nor B

Discuss

Answer & Solution

Answer: Option A

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

Type of farming is based on

A) The law of substitution B) The law of diminishing returns C) The law of comparative advantage D) The law of equimarginal return

Discuss

Answer & Solution

Answer: Option D

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