Q.1 Dry land farming means cultivation of crops in areas where annual rainfall is_______ mm.
< 750 > 750 < 1150
Q.2 Rainfed farming means cultivation of crops in areas where annual rainfall is _______ mm.
> 750 < 1150 > 1150
Q.3 In________ farming system the emphasis should be given on disposal of excess water.
dry dry land rainfed
Q.4 In ___________ farming system the emphasis should be given on soil and water conservation.
dry dry land both
Q.5 Planning is a _____________an process.
decision making continuous both
Q.6 When a farmer makes few modifications or minor changes in the existing plan of the farm business, _________ budgeting technique is employed.
partial enterprise complete
Q.7 Added costs, added returns, reduced returns and reduced costs are the important elements of ___________ budgeting.
Q.8 The ___________ budgeting method is used to make a budget for the whole farm.
Q.9 The ___________ budgeting method is used in situations involving extensive remodeling of the farm organizations.
Q.10 The ___________ budgeting method is used to make a budget for the cultivation of cotton in one acre of land.
Q.11 Minimum Support Price (MSP) reduces the ____________ risk.
marketing price Both
Q.12 Insurance of dairy animals reduces ______________risk.
production financial Both
Q.13 Appropriate agronomic practices reduce__________risk.
production price marketing
Q.14 In case of prices estimates of farm produce, if expected value is ________ simple average then there is no price risk for the commodity.
equal to more than less than
Q.15 In case of yield estimates, if expected value is ___________ simple average then there is no production risk for the commodity.
Q.16 In a production process, the reward to the landlord is ___________.
rent wages interest
Q.17 In a production process, the reward to the capital is ________.
Q.18 In a production process, the entrepreneur’s reward is___________
wages interest profit
Q.19 The shape of the curve of increasing returns gets _________to the origin.
concave convex straight line
Q.20 The shape of the curve of constant returns gets____________.
Q.21 The shape of the curve of decreasing returns gets ___________to the origin.
Q.22 The law of ______________returns operates widely in agriculture.
increasing decreasing constant
Q.23 The main objective of factor-product relationship is____________________.
cost minimization profit maximization resource optimization
Q.24 The main objective of factor-factor relationship is____________________.
Q.25 The main objective of product-product relationship is____________________.
Number of score out of 25 = Score in percentage =
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