1. Click here for New Test of Agronomy 2. Click here for New Test of Plant Breeding & Genetics 3. Click here for New Test of Ag Economics 4. Click here for New Test of Agril Entomology 5. Click here for New Test of Horticulture 6. Click here for New Test of Plant Pathology 7. Click here for New Test of Soil Science

Ag. Economics-5

Q.1
Who explained Economics as “A Science of Wealth”?

Adam Smith
J M keynes
Lonel Robbins


Q.2
Who is known as father of Economics?
Adam Smith
Alfred Marshall
Lonel Robbins


Q.3
Economics is a science studying human behaviour as a relationship between ends and ________ means which have alternative uses.
Plenty
Scarce
none


Q.4
Human wants are unlimited, and means to satisfy them are_______.
limited
unlimited
none


Q.5
Micro- economics is also called as___________.
Price Theory
Income Theory
none


Q.6
Storage adds __________ utility by making commodities available when needed.
Time
Place
None

Q.7
_______ are the intangible substances satisfying human want.

Goods
Services
None


Q.8
_______ is capacity of a good to command other things in exchange.
Both
Commodity
Value


Q.9
Prof. Gray defined agricultural economics as “the science in which principles and methods of __________ are applied to special condition of agricultural industry”.
Both
Social Science
Economics


Q.10
Changing raw material into finished form__________.
Form Utility
Place Utility
Time Utility


Q.11
Wish to obtain a commodity___________.
want
Desire
None


Q.12
Creation of utility into matters___________.
Production
consumption
Exange


Q.13
Capacity of good to satisfy human want__________.
consumption
satisfaction
Utility


Q.14
Anything which has a value________.
welfare
Wealth
inflation


Q.15
Utility can be exactly measured______________.
Cardinal Utility
Ordinal
None


Q.16
The world “Economics” is derived from two Greek word Oikos and ___________.
parabis
cateris
Nomos


Q.17
The substance having power to satisfy human want is called_______.
Goods
economics
None


Q.18
The allocation of shares to individual factor of production, is termed as________.
Distribution
Exange
Production


Q.19
Using economic goods and services to satisfy want is termed as___________.
Consumption
Production
Exchange


Q.20
Major division of economics are______________.
Micro-economics
Macro-economics
Both


Q.21
Transfer of title of ownership is called as___________.
Distribution
Exchange
none


Q.22
Shifting from place of plenty to place of need_____________.
Form utility
Place Utility
Time Utility


Q.23
Transfer of Ownership___________.
Form utility
Place Utility
Possession Utility


Q.24
Utility cannot be measured or quantified__________.
Cardinal
Ordinal
Both


Q.25
Desire backed by genuineness________.
Utility
Satisfaction
Want

Number of score out of 25 = Score in percentage =


Click Here For Answers
Next Quiz

QuiZ:  1  2  3  4  5  6

Note: Having difficulties in attempting quiz or any misleading answer? please email us or comment below with indicating Test name, Thank You.  Good Luck


Subscribe for new Tests notifications
YOUR EMAIL *
form to email

Join Us


   
Home  About Us  Disclaimer  Email Us

XtGem Forum catalog