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 | Risk in agriculture is minimum in? AgriExam.Com | Diversified farming |
| 2 | The 1st Nationalization of commercial bank was done in which year? | 1969 |
| 3 | Lead bank scheme started based on recommendation of Shri F. K. F. Nariman Committee appointed by RBI to look into suggestion of D.R. Gadgil study group which suggested ‘Area Approach’.? | 1969 |
| 4 | National markets are found for? | Durable goods |
| 5 | The price at which demand equal to supply is known as? | Equilibrium price |
| 6 | Consumer spend his income according to law of? | Equi-marginal utility |
| 7 | The term value in Economics used in the sense of value in? | Exchange |
| 8 | The increase in quantity supplied for a commodity due to rice in price of the commodity it is called? | Extension of supply |
| 9 | Father of co-operative movement in India was? | F. Nicholson (1904) |
| 10 | Directorate of marketing and inspection located at ? | Faridabad (1935) |
| 11 | Most important component in farm management is? | Farm budgeting |
| 12 | Balance sheet of farmers exhibit the? | Financial position of a farmer |
| 13 | In the marginal utility schedule initial utility become? | First unit |
| 14 | Land rent is an example of? | Fixed cost |
| 15 | A wholesaler assuming the function of retailing is a case of? | Forward integration |
Agriculture Question Bank
| Questions | Answers | |
| 16 | First land mortgage bank started in Jhang (Punjab)? | 1920 |
| 17 | Bombay province enacted Bombay cooperative societies Act? | 1925 |
| 18 | “National Cooperative Union of India” was established in the year ? | 1929 |
| 19 | Agricultural Produce Act was passed in? | 1937 |
| 20 | Multi-unit cooperative societies Act? | 1942 |
| 21 | Sales tax is an example of? | Indirect tax |
| 22 | VAT (Value added tax) is an? | Indirect tax |
| 23 | The demand for common salt is? | Inelastic |
| 24 | Demand for necessary commodities is? | Inelastic |
| 25 | The demand of agricultural products in general is? | Inelastic |
| 26 | When demand does not change as a result of change in price, such elasticity of demand is a case of? | Inelastic demand |
| 27 | Giffen’ goods refers to? | Inferior good |
| 28 | First regulated market in India was established at? | Karanja |
| 29 | Father of modern economics is? | Paul Samuelson’s |
| 30 | One of the important fixed cost on farm is? | Land rent |
| More One Liner | Open |
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