11. Shadow prices of resources are used in
12. The Chairman of Planning Commission is
13. Match the following columns
Column I
Column II
a. Fixed cost
1. Overhead cost
b. Variable cost
2. Fixed cost
c. Opportunity cost
3. Prime cost
d. Sunk cost
4. Alternate cost
| Column I | Column II |
| a. Fixed cost | 1. Overhead cost |
| b. Variable cost | 2. Fixed cost |
| c. Opportunity cost | 3. Prime cost |
| d. Sunk cost | 4. Alternate cost |
14. Absence of interaction between resources and activities in the process of production is called
15. A constant capital-labour ratio in neutral technical change is given by
16. Building, machinery and implements are examples of
17. Full form of PACS is
18. Which of the following is an apex Bank
19. If a nation gains from trade, its consumption point is
20. The decisions about land resources and farming operations, questions like what to produce, how to produce and how to equip the farm are known in
Read More Section(Agricultural Economics)
Each Section contains maximum 100 MCQs question on Agricultural Economics. To get more questions visit other sections.