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Ag. Economics-7

Q.1
Quasi - rent concept is a_________.

Long period concept
Short period concept
Fixed period concept


Q.2
When demand for a product exceeds supply , its price tends to__________.
Increase
Decrease
No Change


Q.3
The total Geographical Area of India is________.
238.73 Thousand ha.
328.73 Thousand ha.
832.63 Thousand ha


Q.4
The full name of " GATT " is_______.
General Agriculture Trade and Terrif
General Agreement on Trade and Terrif
None


Q.5
Credit given for seed , fertilizer etc. is classified as__________.
Long term credit
Medium term credit
Short term credit


Q.6
By changing the form of an article ,we can give it greater utility__________.
Place utility
Marginal utility
Form utility

Q.7
NABARD was established in the year_____________.

1982
1975
1972


Q.8
The Head office of Directorate of Marketing and Inspection is located at_________.
Bombay
Delhi
Faridabad


Q.9
Normally perishable product distrubuted through________.
Wholesaler
Commission agent
Short channel


Q.10
The line connecting the point at least cost combination for different levels of output is called__________.
Ridge line
Iso-quant
Expension path


Q.11
Profit rules in economics is _____________.
MC=AP
MC=MR
MP=AP


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 Marginal farmer is a farmer having size at holding is less than_________.
One to two ha
Two to four ha
One ha


Q.14
Credit required for purchase of land is called________.
Very short term credit
Long term credit
Short term credit


Q.15
Average product can never be___________.
Positive
Zero
Negative


Q.16
____________ Marginal returns function is found in almost practical situation in agriculture.
Increasing
Constant
Decreasing


Q.17
When AP is maximum it is the end on_______.
First Zone
Second zone
Third zone


Q.18
Kandla port is an example of________.
Primary market
Secondary market
Terminal market


Q.19
The route through which production is passed from producer's to consumer is called__________.
Marketing channel
Marketing administration
Marketing efficiency


Q.20
Farm management is a___________.
Discontinous process
Contionous process
Alternative process


Q.21
While computing the cost of production the rental value of owned land is charged at the rate of__________.
16 % of gross income
10 % of gross income
10 % of total cost


Q.22
If two products combined in a fixed proportin their isoquant will be_____________.
U shaped
L shaped
T shaped


Q.23
Strategic farm management decision involve___________.
Small investment
Heavy investment
Low investment


Q.24
Farm management generally falls in the field of__________.
Micro-economics
Macro-economics
General-economics


Q.25
The next best alternative foregone is called________.
Total cost
Fixed cost
Opportunity cost

Number of score out of 25 = Score in percentage =


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