Snack's 1967
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Ag. Economics-1

Q.1
National markets are found for_________.

Perishable goods
Food grain
Durable goods


Q.2
Regional markets are found for__________.
Perishable goods
Food grain
Durable goods


Q.3
Short period markets are found for __________.
Perishable goods
Food grain
Durable goods


Q.4
Which market is permanent in nature?
Short period market
Secular market
Long period market


Q.5
Food grain markets, vegetable markets, wool markets are the example of _______.
Regional market
Specialized market
General market


Q.6
A market in which there are more than two but still a few sellers of a commodity is termed as_______.
an oligopsony market
monopoly market
an oligopoly market

Q.7
Indian farmers operate in __________ market when purchasing electricity for irrigation.

oligopoly
monopoly
duopoly


Q.8
Transportation adds __________ utility.
place
time
possession


Q.9
The marketing function of buying and selling adds ___________ utility.
place
time
possession


Q.10
___________ is the first function performed in the marketing of agricultural commodities.
Financing
Packing
Grading and standardization


Q.11
_____________ who take title of the product with a view to making a profit.
Agent middlemen
Facilitative middlemen
Speculative middlemen


Q.12
The FCI was established in the year_______.
1955
1965
1975


Q.13
A market in which there are more than two but still a few buyers of a commodity is termed as_______.
an oligopsony market
monopoly market
an oligopoly market


Q.14
Regulated market committee consisting of ________ members.
17
27
7


Q.15
GATT and WTO established in the year__________.
1937 &1995
1947 &1995
1947 & 1985


Q.16
The Warehousing Corporations Act came into operation on_______.
18th March, 1962
18th March, 1952
18th May, 1962


Q.17
Commercial banks advance up to ______ percent of the value of the produce stored in the warehouse.
65
75
80


Q.18
Regularly occurring upswings and downswings in prices are termed as ______fluctuations in prices.
cyclical
annual
seasonal


Q.19
_____arise due to changes in Government policies, programmes, changes in taxes and tariffs.
Price risk
Trade risk
Institutional risks


Q.20
Central Agmark Lab is located at_______.
Mumbai
Nagpur
Delhi


Q.21
The Agricultural Produce (Grading and Marketing) Act was passed in the year___________.
1927
1957
1937


Q.22
The Prevention of Food Adulteration Act was passed in the year______.
1954
1944
1934


Q.23
Vegetable Oil Products (Standard of Quality) Order was passed in the year__________.
1945
1955
1975


Q.24
The area of operation of society is restricted to one village is called_______.
PACS
Apex bank
Central bank


Q.25
The statutory minimum price is announce for_____________.
wheat
potato
sugarcane

Number of score out of 25 = Score in percentage =


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