Agriculture Question Bank ICAR-JRF, SRF, ARS/NET, SAU, PhD, BANK-AFO,BHU, ADO,IFFCO, NFL,AAO,Agriculture supervisor, National seed Corporation and Others Competitive Exam
Agriculture Question Bank
Subject:- Agriculture Economics
Special 30 One Liner Questions
| Questions | Answers | |
| 1 | The word ‘Credit’ is derived from? | Latin word Credo |
| 2 | The more we have of a commodity the less we want to have more of it is explained by? | Law of diminishing marginal utility |
| 3 | Most important principle of farm management is done is? | Law of diminishing return |
| 4 | Competitive nature of human wants has given us? | Law of substitution |
| 5 | The addition made to the total utility by consuming one more unit of a commodity is called? | Marginal utility |
| 6 | Single Window system was recommended by ? | Mohan kanda |
| 7 | For which of the market there exists no supply curve? | Monopoly |
| 8 | When there is a only one buyer of the product, the market is termed as? | Monopsony market |
| 9 | Indian Army is an example of? | National wealth |
| 10 | The income elasticity of demand for giffen goods is? | Negative |
| 11 | National agricultural Cooperative marketing federation of India Limited was started in the year? | 1958 |
| 12 | National Cooperative Development “Corporation” was established in the year? | 1963 |
| 13 | The Codex Alimentations Commission (CAC) was established in? | 1963 |
| 14 | Vegetable oil products Act was passed in the year ? | 1975 |
| 15 | CACP-Commission for Agriculture Cost & Price? | 1965 |
Agriculture Question Bank
| Questions | Answers | |
| 16 | In case of DIR scheme, loans are advanced at the rate of? | 4%/annum |
| 17 | In three zones of production, Zone-I represent- Increasing return; Zone-II represents- Decreasing return; Zone-III represent? | Negative retum |
| 18 | If factors are perfect complements then shape of the isoquant are? | point |
| 19 | Levy price applies to? | Traders |
| 20 | Human wants are? | unlimited |
| 21 | Want satisfying quality of good is called? | Utility |
| 22 | Fertilisers and seeds are examples of? | Variable cost |
| 23 | Agro-Economic Research Centre (AERC) is located at? | Visakhapatnam (AP) |
| 24 | Crop Insurance in India is? | Voluntary |
| 25 | In economics any work done for earning money is called? | wages |
| 26 | The concept of General Equilibrium was given by? | Walras |
| 27 | Cash is a? | Working capital |
| 28 | “National agricultural Technology Project” was funded by? | World Bank |
| 29 | Total utility is maximum when marginal utility is equal to? | Zero |
| 30 | When total utility is maximum then marginal utility is? | Zero |
| More One Liner | Open |
| More Agriculture Knowledge | Open |
