Agriculture Economic 01 — Agri Master Mind

Which one of the following cost is Not a variable cost?
  • Cost of seed
  • Cost of fertilizers
  • Cost of diesel
  • Wages of permanent labour
Production elasticity is less than one when
  • MPP > APP
  • MPP > APP
  • MPP < APP
  • MPP = Zero
With the increase in irrigation facilities in an area. The cropping a intensity generally -
  • Increases
  • Decreases
  • Remains constant
  • None of the above
One can reduce the cost by using more of the "added resources" if-
  • Substitution ratio > Price ratio
  • Substitution ratio < Price ratio
  • Substitution ratio= Price ratio
  • Non of the above
Generally two products substitute for each other at-
  • Constant rate of substitution
  • Decreasing rate of substitution
  • Increasing rate of substation
  • all of the above
Principle of opportunity cost is used to find out -
  • Least-Cost combination
  • Most profitable level of output of a single crop
  • Highest output
  • Optimum use of limited resources
Law of comparative advantage is based on -
  • Absolute margin
  • Relative margin
  • Net margin
  • Additional margin
When total cost is subtracted from gross return. The resultant is termed as-
  • Average-return
  • Marginal return
  • Net return
  • None of the above
Out of the following which agent is not performing the function of assembling?
  • Farmer
  • agents of mills
  • Consumer
  • Vendor middlemen
In which commodity storage function of marketing enhances the quality?
  • Fruits
  • Rice
  • Ghee
  • Seeds
Which one of the following is affecting market prices most in regulated market?
  • Weighman
  • Hammal
  • Processor
  • Commission Agent
Co-operative agricultural marketing societies are not responsible for the following-
  • Purchasing of goods
  • Provide loan against goods
  • Encourge to provide better goods
  • To solve dispute in regulated market
Out of the following, which is not the function of Cooperative Marketing Society-
  • Selling of commodities
  • Providing loan against commoities
  • Social services
  • Market information services
A statement of the assets owned and liabilities owed at a specific point of time is knwon as a-
  • Balance-Sheet
  • Income Statement
  • Cash Resrve Ratio
  • Cash Flochart
The sale of capital assets is called-
  • Contigent liabilities
  • Total Liabilities
  • Current liability
  • Net worth
The Ratio of total liabilities to equity is called-
  • Net worth
  • Financial Management
  • Financial Leverage
  • Amortise even
The Central Bank of India is-
  • NABARD
  • State Bank of India
  • R.
  • Central Bank of India
Regional Rural Banks (RRBs) was established in the year
  • 1976
  • 1949
  • 1982
  • 1969
Cash in bank is-
  • Very short term asset
  • Long term asset
  • Medium term asset
  • Very long term asset
Out of four C’s which is not of credit
  • Competition
  • Character
  • Capacity
  • Condition
Which of the following is credit instrument -
  • POSDCORB
  • Collateral Securities
  • Hundi
  • Character
Middlemen who mostly help in get together the buyers and sellers are knows as -
  • Itincrant Beopari
  • Wholeseller
  • Brokers
  • Village Beopari
Which utility of the agricultural produce is increased by processing
  • Place utility
  • Form utility
  • Knoweldge utility
  • Possession utility
To classify the commodities in same class according to colour. Shape, size etc. is known as -
  • Processing
  • Standardization
  • Grading
  • Marketing
A market in which there are few buyers of a commodity but not in sufficient number is termed as –
  • Monopoly market
  • Oligopoly market
  • Monopsony market
  • Oligopsony market
The rajasthan State Agricultural Marketing Board (RSAMB) was established on -
  • 3rd November, 1961
  • 2nd October, 1974
  • 17th June, 1974
  • 1st January, 1935
A market from which commodity is disposed off finally to consumers/exporters/processors and do not come again for sale in the original form is know as -
  • World market
  • Export market
  • Terminal market
  • Megha market
F.C.I. was established on -
  • January 1, 1965
  • January 5, 1965
  • January 14, 1965
  • January 15, 1965
The Commission for Agricultural Costs and Prices was set up in
  • January, 1960
  • January, 1961
  • January, 1963
  • January, 1965
GST is-
  • Direct tax
  • Indirect tax
  • Both
  • None of these
The ultimate objective of Farm Planning is--
  • Maximisation of total income
  • Maximisation of total product
  • Maximisation of net income
  • Improvement in the living standard of farm family
Elasticity of production is equal to 'one' when
  • MPP > APP
  • MPP < APP
  • APP is maximum
  • None of the above
Total Return - Total Variable Cost is-
  • Net income
  • Gross income
  • return to fixed resources
  • None of the above
The principle of comparative advantage is based on-
  • Absolute margin
  • Relative margin
  • Net margin
  • Additional margin
Directorate of Marketing and Inspection was established in the year
  • 1901
  • 1935
  • 1947
  • 1980
The temperature maintained in the cold storages to protect the perishable agricultural commodities is between-
  • -1.1 to 10°C
  • 5 to 10°C
  • 3 to 5°C
  • None of the above
The market where there are large number of buyers and sellers for a same quality Pruduct is called-
  • Monopoly
  • Perfect competition
  • Monopsony
  • None of the above
The difference between the price paid by the consumer and the price received by the producer is called-
  • Marketing cost
  • Price spread
  • Profit
  • Name of the above
AGMARK, is related with-
  • Packaging
  • Processing
  • Quality
  • None of the above
A market in which there are only two buyers of a commodity is called-
  • Duopoly market
  • Duopsony market
  • Oligopoly market
  • Oligopsony market
The quantity of the produce required for the needs of the producer is called-
  • marketable surplus
  • Marketed surplus
  • forced sale
  • none of above
A middleman who provides service to the sellers and buyers and charges money from them is called-
  • Wholesaler
  • Broker
  • Commission agent
  • None of the above
When the net worth is lesser than zero, the business is said to be-
  • Solvent
  • Insolvent
  • Both the above
  • None of the above
Construction cost of a project is -
  • Associated cost
  • Secondary cost
  • Primary cost
  • Joint cost
Ex-post evaluation of a project is done by-
  • Owner of the project
  • Government
  • Implementing agency
  • None of the above
Operating ratio is-
  • The ratio between total expenses and gross income
  • The ratio between gross income and total operating expenses
  • The ratio between total gross income and total expenses
  • The ratio between total operating expenses and income
Net farm income is equal to -
  • Cash receipt-Cash expenses
  • Gross income-(Fixed expenses + Operating expenses)
  • Gross income-(Fixed expenses-Operating expenses)
  • Gross income -Fixed expense
A project should be accepted when its net present value is -
  • Positive
  • Negative
  • Positive and Negative
  • None of these
Which is not a function of marketing management in the following
  • Planning
  • Control
  • Consumption
  • Organisation
In the following which is not a phase of Project-cycle?
  • Evaluation
  • Appraisal
  • Formulation
  • Marketing