agriculture MCQs – Page 232

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 Review each marked answer and report any item that may be outdated or unclear.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

4621. The sale of products below sale of production in a foreign country or below the prices charged at home is called ?
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A. Monopoly

B. Dumping

C. Subsidy

D. Inflation

4622. The process of deriving principles is called___________________?
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A. theoretical economics

B. Economics analysis

C. Both A. and B.

D. None of these

4623. Urban population in LDCs_________________?
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A. 50%

B. 36 %

C. 464%

D. 20%

4624. Commodities whose demand varies directly with money income are called______________________?
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A. Superior or normal goods

B. Substitutes

C. Complementary goods

D. None

4625. A large govt. role and some degree of coordinated economic decision making directed towards transforming the economy are usually viewed as essential components of__________________?
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A. Political economics

B. Development economics

C. Tradititional economics

D. None

4626. Legally established maximum price of a good or service__________________?
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A. Ceiling price

B. None

C. Floor price

D. Max price

4627. determinants of demand are some times referred as__________________________?
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A. Demand determinants

B. Demand effectors

C. none

D. Demand shifters

4628. Wealth of nations was written by_________________?
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A. Adam Smith

B. Lewis

C. Keynes

D. Rostow

4629. The part of economy which contains all govt. entities is called__________________?
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A. Public utility

B. None

C. Public sector

D. Private sector

4630. The percentage of labour force unemployment at any time__________________?
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A. None

B. Deflation rate

C. Inflation rate

D. Unemployment rate

4631. A physical establishment which performs one or more functions in production, fabrication and distribution of goods and services ?
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A. Plant

B. Firm

C. Factory

D. None

4632. An economic system in which traditions and customs determine how the economy would use its scare resources ?
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A. Mixed economy

B. capitalistic economy

C. Traditional economy

D. Command economy

4633. Urban migration is causing the labour force to grow at annual rates of _____________in LDC?
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A. 30-35%

B. 10-20%

C. 35-40%

D. 5-7%

4634. An accounting item which increase the value of an asset___________________?
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A. Credit

B. Debit

C. None

D. Loan

4635. In less developed nations economic dependency burden is__________________?
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A. 45 % of the population

B. 55 % of the population

C. 35 % of the population

D. 65 % of the population

4636. In ___________________ we avoid value judgments and focus on facts?
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A. Normative economics

B. factual economics

C. Theoretical economics

D. Positive economics

4637. Tax levied on production of specific product on quantity of product purchased ?
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A. All

B. Excise tax

C. Income tax

D. Sales tax

4638. Stocks of commodities held by the countries or international organizations to moderate the commodities price fluctuations ?
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A. Capital stocks

B. Buffer stocks

C. Speculation

D. Black market

4639. An analytic approach in which we move from facts to theory, from a particular to general is called____________________?
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A. Generalization

B. Deduction

C. Induction

D. Randomization

4640. An economic system in which property resources are privately owned and markets and prices are used to direct and coordinate economic activities________________?
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A. Pure capitalism

B. Closed economy

C. Open economy

D. Command Economy

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