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 | 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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