Agricultural Economics MCQ Question and Answer

61

How many banks were nationalised in 1969?

A) 16 B) 14 C) 15 D) 17

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Answer & Solution

Answer: Option B

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62

Match the following columns

Column I	Column II
a. Family labour income	1. Gross income-cost A₁
b. Farm business income (owner farmer)	2. Gross income-cost C
c. Net income	3. Gross income-cost B
d. Farm business income (tenant farmer)	4. Gross income-Cost A₂

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

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Answer & Solution

Answer: Option C

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63

According to the UNDP index, what has India's position in the year of 2002?

A) 124^th B) 115^th C) 116^th D) 123^rd

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Answer & Solution

Answer: Option A

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64

Principle of substitution is used in

A) Product min. B) Selection of enterprise C) Selection of practice D) Both B and C

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Answer & Solution

Answer: Option A

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65

In the long run, perfectly competeting firms, will have

A) Zero economic profits B) Constant economic profits C) Positive economic profits D) Negative economic profits

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Answer & Solution

Answer: Option A

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66

Qd = 170 - 20 P arid P = 4, at equilibrium

A) Qs = 150 B) Qs = 50 C) Qs = 900 D) Qs = 90

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Answer & Solution

Answer: Option D

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67

Match the following columns

Column I (Institution)	Column II (Set-up year)
a. HUDCO	1. 1975
b. NABARD	2. 1982
c. Exim bank	3. July 1982
d. RRB	4. 1970

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

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Answer & Solution

Answer: Option D

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68

Marginal rate of factor substitution $$\left( {\frac{{\vartriangle {{\text{X}}_1}}}{{\vartriangle {{\text{X}}_2}}}} \right)$$ is equivalent to

A) $$\frac{{{\text{P}}{{\text{X}}_1}}}{{{\text{P}}{{\text{Y}}_1}}}$$ B) $$\frac{{{\text{P}}{{\text{X}}_2}}}{{{\text{P}}{{\text{Y}}_2}}}$$ C) $$\frac{{{\text{P}}{{\text{X}}_2}}}{{{\text{P}}{{\text{Y}}_1}}}$$ D) $$\frac{{{\text{P}}{{\text{X}}_1}}}{{{\text{P}}{{\text{Y}}_2}}}$$

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Answer & Solution

Answer: Option C

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69

Gross irrigated area in Rajasthan during 2000 - 01 was

A) 6.126 thousand hectare B) 5.165 thousand hectare C) 5.136 thousand hectare D) 6.135 thousand hectare

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Answer & Solution

Answer: Option D

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70

In which year cooperation become state subject.

A) 1918 B) 1910 C) 1930 D) 1919

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Answer & Solution

Answer: Option D

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Agricultural Economics MCQ Question and Answer | Agriculture MCQ Question