Agriculture Question Bank Agri Economics One Liner Questions (9)

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Agriculture Question Bank Agri Economics One Liner Questions (4)

Agriculture Question Bank

Subject:- Agriculture Economics
Special 30 One Liner Questions
  Questions Answers
1 When total product is increasing marginal product will be? Positive
2 Production in traditional agriculture does not respond to?  AgriExam.Com Price changes
3 The point of maximum satisfaction in consuming two communities is when the slope of indifference curve is tangent to the slope of? Price line
4 Difference between consumers and producers price is called? Price spread
5 Micro economics is also called as?  Price theory
6 The cost of production of the crop can be minimized by using economic principle? Principle of least cost combination
7 Input-output relationship is known as? Production function
8 The “production possibility curve” is also known as? Production possibility Frontiers
9 Appropriate agronomic practices reduces? Production risk
10 The reward for entrepreneurial function is called? Profit
11 Main objective of an agricultural farm is maximization of? Profit and Satisfaction
12 Vaikunt Mehta Institute of co-operative management is located at? Pune (1967)
13 Homogeneous product is characteristic of?  Pure Oligopoly market
14 “AGMARK” is related with? Quality
15 Residual Claimant Theory?  R.A. Walker

Agriculture Question Bank

  Questions Answers
16 Prevention of Food Adulteration Act was introduced in the year? 1954
17 National Cooperative development and warehousing board was established in the year? 1956
18 Food product order Act was passed in the year? 1956
19 Indian Companies Act was enacted in?  1956
20 Central warehousing Corporation was started in the year?  AgriExam.Com 1957
21 Pilot Crop Insurance Scheme implemented in the year 1979 based on? Area approach
22 Unlimited supply of labour theory was given by ? Arthur Lewis
23 Persons who expects that price will go down in future are called? Bears
24 Market is a place where?  Buying and Selling take place
25 First Indian governor of RBI was? C. D. Deshmukh
26 The demand for various kinds of labour and materials to make the final product is called? Derived demand
27 Consumption means? Destruction of utility
28 Air is? Free good
29 Stage-1st of production is also called the stage of? Increasing return
30 bi> 1 represents?  increasing returns to scale

 

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