Agricultural Economics MCQ Question and Answer

1

Which one of the following pairs is not correctly matched

A) Complementary products : Wheat and dairy B) Competitive products : Wheat and barley C) Supplementary products : Wheat and gram D) Joint products : Wheat grain and straw

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Answer & Solution

Answer: Option C

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2

Uncertainty in agriculture can be minimised through

A) Specialisation in crop production B) Use of hybrid varieties C) Diversified farming D) Co-operative farming

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Answer & Solution

Answer: Option C

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3

Pure irrigated area of Rajasthan during 2002 was

A) 61.34 lakh hectare B) 40.58 lakh hectare C) 52.84 lakh hectare D) 49.07 lakh hectare

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Answer & Solution

Answer: Option D

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4

The first Census of India was held in

A) 1872 B) 1881 C) 1861 D) 1981

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Answer & Solution

Answer: Option A

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5

Which one is considered as a 'gift of nature'

A) Land B) Labour C) Capital D) Both B and C

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Answer & Solution

Answer: Option A

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6

The Agriculture Prices are recommended by

A) ICAR B) RBI C) CACP D) CSIR

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Answer & Solution

Answer: Option C

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7

International Financing Agency to support National Agricultural Technology Project in India is

A) FAO B) World Bank C) Asian Development Bank D) UNDP

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Answer & Solution

Answer: Option B

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8

Match the List-I with List-II and select the correct answer:

List-I (Organization)	List-II (Year)
a. Directorate of Marketing and Inspection	1. 1963
b. Food Corporation of India	2. 1965
c. International Organization for Standardization	3. 1935
d. Codex Alimentarious Commission	4. 1947

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

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Answer & Solution

Answer: Option A

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9

Elasticity of substitution for CES production function ranges from

A) 0 to 2 B) 0 to μ C) -1 to +1 D) -μ to +μ

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Answer & Solution

Answer: Option B

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10

The 10^th plan proposes a growth rate of

A) 8.0% per annum B) 6.5% per annum C) 5.5% per annum D) 7.5% per annum

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Answer & Solution

Answer: Option A

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Agricultural Economics MCQ Question and Answer | Agriculture MCQ Question