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Ag. Economics-6

Q.1
A Science of wealth definition of Economics was given by_________.

Adam Smith
J M keynes
Lonel Robbins


Q.2
The motor car for a busy doctor in big city like Bombay is a__________.
Free good
Necessary
Comfort


Q.3
When a Government runs an undertaking the business, it is called________.
Individual enterprise
Partnership enterprise
Public enterprise


Q.4
According to law of supply, when price of eggs falls its supply_______.
Increasing
Decresing
Remain same


Q.5
Wants efforts and satisfaction sum up the subject matter of__________.
Macro-economics
Econometrics
Micro-economics


Q.6
Human wants are unlimited and the means to satisfy them are__________.
Plenty
Fixed
Limited

Q.7
When total utility is maximum, marginal utility is_____________.

Minimum
Equal
Zero


Q.8
The minimum of a person required to start a joint stock company is_________.
Ten
Eleven
Seven


Q.9
Capital that finishes up in one use is called________.
Working capital
Non-cash fixed cost
Fixed capital


Q.10
Decrease in demand means the same quantity is demanded at a__________.
Same Price
Higher Price
Lower Price


Q.11
Free goods have a great value in exchange___________.
Value in exchange
Materials goods
Value in use


Q.12
The part of wealth which is used for further production of wealth is called___________.
Working capital
Sunk capital
Fixed capital


Q.13
The law of equi-marginal utility is as also known as the law of__________.
Substitution
Constant return
Minimum satisfaction


Q.14
The example of non-material good is________.
Building
Good will of a business
Sunshine


Q.15
Hospitals, Roads and Roadways are considered as___________.
Private goods
Free goods
Public goods


Q.16
When general price level increases, value of money___________.
Increasing
Constant
Decreasing


Q.17
The money paid to a worker for his work is known as_______.
Real wages
Nominal wages
Wages in kind


Q.18
Increases in supply signifies that same quantity is offered at________.
Higher price
Lower price
Same price


Q.19
Amul Dairy is an example of___________.
State enterprise
Co-operative enterprise
Joint stock company


Q.20
The price at which demand and supply are equal, is known as___________.
Fixed price
Factor price
Equilibrium price


Q.21
The supply of land is perfectly___________.
Elastic
Inelastic
Both


Q.22
Price of petrol is an example of_____________.
Minimum price
Administered price
Floor price


Q.23
The minimum support price is declared by the Government___________.
Before sowing season of the crop
After harvesting of the crop
If farmers demand


Q.24
A Person in Delhi can send Rs.500/- to Bombay and village Kisanpur quickly and safely, he can used the credit instrument__________.
A bill of exchange
Bearer cheque
Crossed cheque


Q.25
The theory of international trade is based on the principle of________.
Equal cost
Comparative cost
Absolute cost

Number of score out of 25 = Score in percentage =


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