Agriculture Economic 02 — Agri Master Mind
Cost incurred in project on the construction of employees house, hospital and school is called -
- Primary cost
- Construction cost
- Secondary cost
- Associated cost
Current ratio indicates the
- Liquidity position within one year time
- Liquidity position for the period of 2-5 years time
- Long term liquidity position
- All the above
Which of the following is not a phase of project cycle -
- Marketing
- Formulation
- Appraisal
- None of these
Current ratio indicates the liquidity position-
- Within one year
- for the period of 2 to 5 years
- for long term
- all the above
Which is not a function of management in the following?
- Planning
- Controlling
- Production
- Organisation
Average product is -
- Output per unit of input
- Change in output due to one unit change in input
- Total output divided by one unit of variable input
- Total output divided by one unit of fixed input
Which one of the following is not a system of farming-
- Contract farming
- State farming
- Specialized farming
- Owned farming
Which ratio is suitable for assessing correct financial status of a farmer-
- Current ratio
- Net cash ratio
- Net capital ratio
- Net farm ratio
For buying Cow/Heifer, which principle farmers should be taken into consideration-
- Opportunity cost
- Least cost combination
- Time comparison
- Cost principle
Risk and uncertainty could be reduced by-
- Keeping money in bank
- Crop and livestock insurance
- Following farm management principle
- Storing produce on the farm
In which stage of production, the marginal product is always greater than average product-
- I stage
- II stage
- III stage
- II and III stage
An iso-product curve shows the various combinations of two-
- Products
- Inputs
- Input and output
- All of the above
What are the components of a market-
- Existence of a commodity
- Existence of buyers and sellers
- Demarcation of area
- All the above
Who wrote a book "Agricultural Marketing and Price Policy" -
- S. and George, M.V.
- J.R. Moore, S.S. Johl and
- M. Khusro
- None of the above
The first State warehouse was set up in 1956 in the State of-
- Maharashtra
- Punjab
- Uttar Pradesh
- Bihar
The Red label of the AGMARK is an indicator of -
- Grade-A
- Grade-B
- Grade-C
- Grade-D
The word 'Marcatus' comes from the-
- German word
- Greek word
- American word
- Latin word
Structure of Cooperative marketing in India is -
- Two tier structure
- Three tier structure
- Multi tier structure
- All the above
When marketed surplus is more than marketable surplus it is known as
- Marketable surplus
- Marketed surplus
- Producer's surplus
- Distress sale
Which one of the following marketing function is not related to the same group of marketing function -
- Packing
- Storage
- Grading
- Banking
The rate at which the net present value is equal to zero is -
- Benefit-cost ratio
- Net present value
- Pay back period
- Internal rate of return
Which one of the following is not the main function of management --
- Planning
- Staffing
- Organization
- Appraisal
Management is -
- Pure science
- Art
- Both science and Art
- Applied science
If the assets are more than liabilities it is called?
- Net deficit
- Net worth
- Net equality
- Both b and c
The resources include-
- Money, machine, material
- Money and machine
- Money, machine and people
- None of these
A short term planning is also knwon as-
- Strategy planning
- Operational planning
- Corporate planning
- All of these
Agribusiness is associated with the-
- Production resources
- Agricultural commodities
- Facilitative services
- All of these
Apex cooperative sector bank of Rajasthan state is situated at
- Jodhpur
- Jaipur
- Bikaner
- Ajmer
Loan taken for 2 to 5 year falls in which category
- Medium term loan
- short term loan
- Long term loan
- None of the above
Which is not a commercial bank out of the following -
- Union Bank
- Regional Rural Bank
- United Commercial Bank
- Reserve Bank of India
Which one of the following is a fixed cost-
- Cost of seed
- Cost of fertilizer
- Wages of Permanent labour
- Cost of manure
Method of finding the future value of present income is called
- Discounting
- Compounding
- Fixed counting
- None of the above
Which is not the "3Rs" of credit out of the following?
- Returns
- Remaining
- Risk bearing ability
- Repayment
Among the following which does not fall in the category of Bank
- I.
- S.
- S.
- L.
The market in which commodities are bought and sold to the consumers as per their requirements is known as -
- Wholesale market
- Secular market
- Retail market
- Long period Market
The Commission for Agricultural Costs and prices was set up in -
- January, 1960
- January, 1961
- January, 1963
- January, 1965
Which statement of the following is true regarding India's foreign trade over past three years?
- Imports declined
- Exports declined
- Imports declined but exports increased
- Both imports and export increased
At present the share of Indian foreign trade in World Trade is -
- below 0.5%
- between 0.5% to 1.0%
- between 1.0% to 1.5%
- Above 1.5%
Bank in which an individual can not open his account is -
- Urban Co-operative bank
- Regional Rural bank
- RBI
- Commercial banks.
First of all banks were nationalized on -
- 19th july, 1969
- 29th July, 1970
- 19th july, 1971
- None of the above
Short term credit is also known as -
- Investment credit
- Crop loan
- Term loan
- Samuelson
The material welfare definition of Economics is given by -
- Adam Smith
- Alfred Marshall
- R.L. Robbins
- None of the above
When total utility is maximum the marginal utility will be -
- Zero
- Maximum
- Average
- Less than average
When produce is kept in store and sold at high price after sometime it creates –
- Place utility
- Form utility
- Time utility
- None of these
Who said, 'Economics is the science of welfare"?
- R.L. Robbins
- Adam Smith
- J.K. Mehta Ito po
- Marshall
Rain water is a-
- Free good
- Economic good
- Material good
- Non-material good
The price of a commodity is determined by its-
- Supply
- Demand
- Supply and demand
- None of above
The reward earned for the use of money is called -
- Rent
- Wages
- Profit
- Interest
Goods which are wanted together for the satisfaction of a want are called -
- Substitute goods
- Supplementary goods
- Complementary goods
- None of these
The basic cause of inflation is -
- Increase in income
- Increase in population
- Decrease in supply
- None of these