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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-1 section-2

Each section contains 100 MCQs on Agricultural Economics .
1
The vertical demand curve for a commodity shows that this commodity is
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Answer: Option B
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2
Though all categories of farmers are interested in higher returns from their enterprises, what they really try to maximise is
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Answer: Option A
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3
Economic growth means
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Answer: Option C
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4
The gap between the average total cost and average variable cost goes along with the increasing in unit of production
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Answer: Option D
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5
Deflated gross returns are used to know
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Answer: Option D
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6
Match the List-I with List-II and select the correct answer:
List-I (Theories/ideas) List-II (Scientists)
a. Financial dualism 1. Harris Todaro
b. Social dualism 2. Higgins
c. Back wash 3. Myint
d. Technology dualism 4. J. H. Bocke
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Answer: Option C
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7
Break even point is determined by
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Answer: Option D
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8
Income elasticity, for normal goods is
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Answer: Option B
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9
The elasticity of production (EP) at the starting point of stage II in law of diminishing return would be
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Answer: Option C
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10
Rayotwari system was first adopted in Bara Mahal district of Chennai by
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Answer: Option A
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