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Agricultural Economics MCQ Question and Answer | Agriculture MCQ Question

Agricultural Economics MCQ Question and Answer with easy explanations in Agriculture mcq. Agricultural Economics MCQ section is suitable for aspirants preparing for IBPS- AFO (Agriculture Field Officer) Iffco, Kribhco, NFL, NSC, ICAR-JRF/SRF/ ARS, IARI, SADO, DDA,ADA,FCI,ASRB,B.Sc Agriculture and M.SC Agriculture. Page-6 section-5

Each section contains 100 MCQs on Agricultural Economics .
51
The cost which is not paid to other, is called
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Answer: Option B
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52
Ricardo's trade theory assumed, production is subject to
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Answer: Option C
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53
Which of the following cost is subtracted from gross income (GI) to get the value of net income
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Answer: Option D
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54
When the demand curve is relatively flatter, then demand is
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Answer: Option B
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55
Level of optimum production is available at
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Answer: Option B
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56
Internal economy refers to
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Answer: Option D
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57
Match the following columns
Column I Column II
a. Factors 1. Technical complements
b. Resources 2. Technical substitutes
c. Irrational resource com binations 3. Technical complementarity
d. Farm planning tools 4. Budget and programming
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Answer: Option C
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58
The ultimate aim of farm management is to
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Answer: Option C
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59
Land development banks are part of
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Answer: Option D
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60
With reference to the principle of economics as applied to agriculture, when marginal product increases, average product
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Answer: Option A
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