Agricultural Economics MCQ Question and Answer

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Each section contains 100 MCQs on Agricultural Economics .

Total output is maximum at the point when

A) Marginal product is maximum B) Marginal product is zero C) Average product is maximum D) None of the above

Discuss

Answer & Solution

Answer: Option B

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

When AP < MP, AP is

A) Remains constant B) At maximum C) Increasing D) Decreasing

Discuss

Answer & Solution

Answer: Option C

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

Mahalwari system was introduced by

A) William Bentinck B) F. A. Walker C) Thomas Munro D) Dalhousie

Discuss

Answer & Solution

Answer: Option A

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

For fertilisers, seeds purchasing, the loan distributed is called

A) Medium term loan B) Long term loan C) Short term loan D) All of these

Discuss

Answer & Solution

Answer: Option C

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

Aggregate supply of labour in case of classical is

A) Horizontal line B) Vertical line C) Both A and B D) Intermediate

Discuss

Answer & Solution

Answer: Option B

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

Farm planning involves

A) Selecting and adoption best package of practices B) Preparing farm budget in advance C) Both A and B D) None of the above

Discuss

Answer & Solution

Answer: Option B

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

Food Corporation of India was established in

A) January 1964 B) January 1965 C) January 1966 D) January 1963

Discuss

Answer & Solution

Answer: Option B

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

Which of the following farmings is not a farming system on the basis of ownership and management classification?

A) Cooperation farming B) Diversified farming C) Tenant farming D) Mixed farming

Discuss

Answer & Solution

Answer: Option C

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

The price which necessarily covers the variable cost and also the fixed price is

A) The long run price B) The short run price C) The market price D) The equilibrium price

Discuss

Answer & Solution

Answer: Option A

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

The law which is very useful in determining the best use of limited resources is

A) Law of substitution B) Law of diminishing return C) Law of opportunity cost D) None of these

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