Agricultural Economics MCQ Question and Answer

1

Consider the following statements :
Diversification of farm production helps the farmers in
1. Stabilizing agricultural prices
2. Stabilizing farm incomes
3. Stabilizing agricultural Production
Which of these statements are correct

A) 1 and 2 B) 1, 2 and 3 C) 1 and 3 D) None of these

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Answer & Solution

Answer: Option B

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2

Match the following columns

Column I	Column II
a. Small Farmer Development Agency (SFDA)	1. 1966 - 67
b. High yielding variety programme (HYVP)	2. 1970 - 71
c. Drought Prone Area Programme (DPAP)	3. 1965
d. Multi Cropping Programme (MCP)	4. 1970 - 71

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

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Answer & Solution

Answer: Option D

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3

When $$\frac{{\vartriangle {{\text{X}}_1}}}{{\vartriangle {{\text{X}}_2}}} > \frac{{{\text{P}}{{\text{X}}_2}}}{{{\text{P}}{{\text{X}}_1}}}$$ then we can

A) Do nothing B) Go to substituting of $${{{\text{X}}_1}}$$ to $${{{\text{X}}_2}}$$ C) Employ any combinating of $${{{\text{X}}_1}}$$ and $${{{\text{X}}_2}}$$ D) Employ only $${{{\text{X}}_2}}$$

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Answer & Solution

Answer: Option C

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4

The total population of India according to 2001 Census was

A) 104 crore B) 105 crore C) 100.7 crore D) 102.7 crore

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Answer & Solution

Answer: Option D

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5

Sex ratio in Uttar Pradesh on the basis of 2001 Census was

A) 933/1000 (female/male) B) 924/1000 (female/male) C) 898/1000 (female/male) D) 889/1000 (female/male)

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Answer & Solution

Answer: Option C

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6

Pick out the odd one

A) Death duty B) Wealth tax C) Income tax D) Excise duty

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Answer & Solution

Answer: Option D

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7

The differences between value in use and value in exchange is

A) Consumer surplus B) Marketing surplus C) Farm production D) None of these

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Answer & Solution

Answer: Option B

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8

The total fixed cost curve

A) Increases with the level of output B) Decreases as output increases C) Remains constant at all the output level D) None of the above

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Answer & Solution

Answer: Option C

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9

When marginal product increases at a increasing rate, then

A) Total product increases at a decreasing rate B) Total product increases at a increasing rate C) Average product decreases D) None of the above

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Answer & Solution

Answer: Option B

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10

The first regulated market Karanjia cotton market established in

A) 1886 B) 1826 C) 1876 D) 1846

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Answer & Solution

Answer: Option A

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Agricultural Economics MCQ Question and Answer | Agriculture MCQ Question