Agriculture soul of India
⛳ World Environment Day 2018 Host Country is – “India”. 🌴🎄🌲🏡🌴 The theme of the year 2018 is “Beat Plastic Pollution”


Agricultural economics for agriculture exams

Agriculture in India

ICAR-JRF, SRF, ARS/NET, SAU, PhD, BANK-AFO,BHU, ADO,IFFCO, NFL,AAO,Agriculture supervisor, National seed Corporation and Others Competitive Exam

Questions Answers
1The "Indian Institute of Packaging" is established in the year ?1966
2Crop Insurance in India is ?
3'Social banking' came into existence in the year ?1969
4"National agricultural Technology Project" was funded by ?World Bank
5Difference between demand for credit and its supply is ?Credit gap
6'Patents' and 'Copyrights' are ?Non material good
7The birth place of Co-operative Credit Movement in the world is in ?Germany
8The demand for common salt is ?Inelastic
9Pilot Crop Insurance Scheme implemented in the year 1979 based on ?Area approach
10Air is ?Free good
11The first regulated market "karanja cotton market" was established in the year ?1986
12The stock exchange market deal with ?Shares
13Monopoly market can exist because of ?Patents
14By devaluation of rupees, exports will ?
15The term Duopoly market is given by ?Cournot

Questions Answers
16The "production possibility curve" is also known as ?Production possibility Frontiers
17Main objective of an agricultural farm is maximization of ?Profit and Satisfaction
18Risk in agriculture is minimum in ?
Diversified farming
19The most common method exists and regulated market is ?Open auction
20Which utility can be created by the storage function ?Time
21Persons who expects that price will go down in future are called ?Bears
22The market which are held for longer period of time are called ?Secular markets
23"Export-Import Bank of India" was setup ?1st January 1982
24Crop farming and milk production is an example of ?Complementary Enterprises
25The agricultural produce meant for exporting outside India must bear a seal called ?"AGMARK"
26Consumer spend his income according to law of ?Equi-marginal utility
27National income generated by Agriculture is calculated by using ?
Output method
28Indian economy is a type of ?Mixed economy
29"AGMARK" is related with ?Quality
30Better measure of economic development is ?Per capita income

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