agriculture MCQs – Page 228

Practise multiple-choice questions from agriculture for competitive examinations and subject revision. Review each marked answer and report any item that may be outdated or unclear.

agriculture Mcqs

1. soil science 2. agronomy 3. entomology 4. water management 5. horticulture 6. agricultural economics 7. plant pathology 8. food technology 9. animal husbandry 10. plant breeding and genetics

4541. Total money income received by the individual or recipients of income is called____________________?
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A. Gross income

B. None of above

C. Net income

D. Personal income

4542. Changes in govt. spending and tax collection designed to achieve a full employment and non-inflationary domestic out put is called___________________?
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A. Economizing problem

B. Economic planning

C. Fiscal policy

D. None

4543. The total revenue of a film less all its economic costs is called_____________________?
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A. Pure Profit

B. Above normal Profit

C. All these

D. Economy Profit

4544. The portion of economy consisting of Agriculture, Forestry, Hunting and Fishing ?
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A. Rural sector

B. All

C. Farm economy

D. Agricultural sector

4545. Amount of other products which must be foregone or sacrificed to obtain 1 unit of a specific good is called its______________?
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A. Economic cost

B. None

C. Opportunity cost

D. Real cost

4546. The branch of economics which analyze govt. revenues and expenditures is__________________?
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A. Public finance

B. Public revenue

C. None

D. Public good

4547. A supply curve shifts because of change in_____________________?
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A. The price of the related products

B. Technology

C. Both a and b

D. None of these

4548. In developed countries children are.% of the total population ?
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A. 21 %

B. 16%

C. 62%

D. 35%

4549. The monetary payment a firm must make to an outsider to obtain a resource____________________?
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A. Explicit cost

B. Net cost

C. Implicit cost

D. Total cost

4550. The value of a product sold by a firm less the value of the products purchased and used by the firm to produce the product____________________?
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A. Value of money

B. Vertical range

C. Value added

D. None

4551. An economic system in which property resources are publicly owned and govt uses central economic planning to direct & coordinate economic activities ?
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A. None

B. Closed economy

C. Command economy

D. Open economy

4552. A section in a nations international balance of payments which records its export and import of goods and services, its net investment income, and its net transfers ?
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A. Saving account

B. Capital account

C. Fixed account

D. Current account

4553. A minimum price which govt. allows seller to receive for a good or service____________________?
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A. Ceiling Price

B. Floor Price

C. Supprot Price

D. All

4554. Cooperation among unification of the economies of different nations is termed as_____________________?
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A. Economic integration

B. none

C. Economic Bloc

D. Economic union

4555. All points on the production possibility curve explain__________________?
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A. Less than full use of resources

B. Productive efficiency

C. Allocative efficiency

D. Unattainable levels of output

4556. The determination by the state, of what shall be produced and how factors of production shall be allocated among different uses ?
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A. Circular flow model

B. None

C. Centralized planning

D. Cognitive planning

4557. Opportunity cost is illustrated by the___________________?
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A. Positive slope

B. Steep slope

C. None

D. Downward slope

4558. The households and the business firms of the economy are called__________________?
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A. Public sector

B. None

C. Ptivate sector

D. Govt sector

4559. A good used together with another good is___________________?
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A. None

B. Normal good

C. Complementary good

D. Superior good

4560. All the goods and services produced in a country in a year plus other sources of income for example foreign exchange earnings, foreign aid, foreign remittance, loans etc are called ?
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A. GDP

B. NDP

C. NNp

D. GNP

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