Economic Journal for all agricultural exams
Subject:- Agriculture Economics
Special 30 One Liner Questions
| Questions | Answer | |
| 1 | Perfectly inelastic demand is presented by? | Ep = 0 |
| 2 | Unitary (unit) elastic demand is presented by? | Ep =1 |
| 3 | In case of relatively inelastic (or less elastic) demand means? | Ep<1 |
| 4 | When MPP is greater than APP then elasticity of production is? | Ep>1 |
| 5 | Agricultural census is taken after every? | 5 years |
| 6 | Labour in farm management is an? | Active factor |
| 7 | Economics is the wealth of nation definition is given by? | Adam Smith |
| 8 | Multipurpose co-operative societies were first established ? | Odisha(1939) |
| 9 | Father of economics? | Adam Smith |
| 10 | Wealth definition of economics given by? | Adam Smith |
| 11 | The symbol used for a graded agricultural produce is? | AGMARK |
| 12 | As per the RBI norms, 18 per cent of the Net Bank Credit should be deployed in | agriculture |
| 13 | Economics of agriculture is known as? | Agro-economics |
| 14 | Welfare definition of economics given by? | Alfred Marshall |
| 15 | Principles of Economics? | Alfred Marshall (1890) |
Economic Journal
| Questions | Answer | |
| 16 | Pricing efficiency is also called as? | Allocative efficiency |
| 17 | A market in which there are more than two but still a few sellers of a commodity is termed as? | An oligopoly market |
| 18 | Which method of depreciation is useful in case of livestock in early years of life? | annual revaluation method |
| 19 | When MPP is maximum? | APP< MPP |
| 20 | B:C ratio means? | Gross return/Total cost |
| 21 | LDMU concept given by? | H.H. Gossen |
| 22 | “Theory of social change” is given by? | Hagen |
| 23 | Migration and Unemployment Theory? | Harris and Todaro |
| 24 | The technique which protect the traders from extreme falls in price is known as? | Hedging |
| 25 | When the demand for the product is less elastic inelastic the consumers surplus is? | High |
| 26 | Under perfect competition market products sold our? | Homogenous |
| 27 | Which commercial bank became the first in providing mobile ATM services? | ICICI Bank |
| 28 | The apex organization of industrial finance in India? | IDBI |
| 29 | Elasticity is negative? | IIIrd stage of production |
| 30 | It indicates earning power of project over a period of time? | Internal Rate of Return (IRR) |
Economic Journal
| More One Liner | Open |
| More Agriculture Knowledge | Open |
