Agriculture Economic 03 — Agri Master Mind

Economics studies human behavior as a relationship between ends and scarce means which is
  • Satisfaction
  • Money demand
  • Alternative use
  • Material goods
Law of Diminishing Marginal Utility applies to
  • Capital
  • Assets
  • Liabilities
  • Money
Competitive goods are called -
  • Complements
  • Supplements
  • Attributes
  • Substitutes
By cooking food the cook creates-
  • Place utility
  • Form utility
  • Time utility
  • Processed utility
Under National water Grid Component viz. Canal from Chambal to pump areas is -
  • Western Rajasthan
  • Eastern Rajasthan
  • Central Rajasthan
  • Punjab
In Economics the term 'land' as a factor of production includes –
  • Mineral wealth
  • Subsoil water
  • Canals and dams
  • Crops raised on land
The demand for salt is-
  • More elastic
  • Inelastic
  • Less elastic
  • More inelastic
Which institution of the following is related to Finance?
  • ILO
  • WHO
  • IMF
  • FAO
The borrower's credit worthiness depends upon factors such as -
  • Five Cs of credit
  • Three Rs of credit
  • Seven Ps of credit
  • All of these
Which institutions provide the maximum loan to the Indian farmers?
  • Rural banks
  • Moneylenders
  • Corporation
  • Co-operative Societies
Under the Co-operative credit system, the short and medium term credits are provided under the following structure -
  • 2-tire structure
  • 3-tire structure
  • 4-tire structure
  • None of these
The lead bank scheme came into force in the country in -
  • 1969
  • 1970
  • 1975
  • 1981
The amount of loan which was due on a particular date, but has not been repaid by the date is called -
  • Overdues
  • Outstanding
  • Balanced amount
  • None of the above
Land Development Banks were known as -
  • Apex Banks
  • Agricultural Development Banks
  • Land Mortgage Banks
  • Rural development Banks
The Headquarter of NABARD/RBI/SBI is situated at -
  • New Delhi
  • Mumbai
  • Hyderabad
  • Kolkata
Farmers service co-operative societies were organized in the year
  • 1971
  • 1976
  • 1981
  • 1985
The largest bank of the country is -
  • Bank of Baroda
  • I.
  • I.
  • Punjab National Bank
In Economics which is a factor of production –
  • Land
  • Labour
  • Capital
  • All of these
Which is the active factor of production -
  • Land
  • Labour
  • Capital
  • Institute
Who said, 'Economics is the science of wealth'?
  • R.L. Robbins
  • Adam Smith
  • J.K. Mehta
  • Marshall
Which is the passive factor of production?
  • Tractor
  • Labour
  • Capital
  • Enterprises
The reward of enterprises is called-
  • Rent
  • Wages
  • Interest
  • Profit
Who is considered as father of cooperative movement in India?
  • Narisihaman
  • G. Gadekar
  • Nicholson
  • Marshall
National Coperative Development Corporation (NCDC) Act was constituted in the year.............?
  • 1904
  • 1912
  • 1944
  • 1962
The short term loan (crop loan) is issued for ........duration-?
  • One season
  • One year
  • One and half year
  • All of these
Reserve Bank of India (RBI) came in to existence in the year...?
  • 1 April, 1922
  • 21 March, 1935
  • 1 April, 1935
  • 1 April, 1955
Cooperative bank opeartionized at distrct level is.....?
  • The Apex bank
  • The State Cooperative bank
  • The District Cooperative bank
  • The Central Cooperative bank
The state level cooperative institution which provided long term loan is...?
  • The Apex bank
  • The State Cooperative bank
  • The Central land development bank
  • The Central Cooperative bank
The increasing rate of price in creeping inflation is-
  • 3-4 %/year
  • 5-10%/year
  • 10-20
  • 20-100%
Which component is not considered in Human Development Index (HDI)..........
  • Longevity
  • Education
  • Living standard
  • Per capita expences
Which component is not considered in Human Development Index (HDI)..........
  • Longevity
  • Education
  • Living standard
  • Per capita expences
Expand the abbreviation of RBI…..
  • Reseve Bank of India
  • Recent Bank of India
  • Reseve Bank of Indians
  • Rashtriya Bank of India
………… =Gross income-Total expenses.
  • Gross Income
  • Net Income
  • Fixed Course
  • None of these
………… =Current assets/Current liabilities.
  • Fixed ratio
  • Current ratio
  • Profit margin
  • Net Assets ratio
Net worth is also known as…
  • Value of liabilities/ company
  • Value of Goods
  • Wages and Wealth
  • None of these
Income statement is also known as.......
  • Profit and Loss Statement
  • Profit Sharing Statement
  • Consumer Producing Statement
  • None of these
The loan given by Sahukars and Mahajans to the farmers is known as.. ..........loan.
  • Money lending
  • Crop loan
  • Both
  • None of these
The bank which is limited to the needs of Agriculture and Rural Finance is called.........
  • NABARD
  • RRBs
  • Both
  • None
The costs which do not vary with the level of output are called......
  • Fixed cost
  • Over head cost
  • Both
  • None
………… .for a business is as important as blood for a person.
  • Rate flow
  • Cash Flow
  • Both
  • All of these
Primary Agricultural Societies are normally situated at......level.
  • Village gram Panchayat
  • District Office
  • Muncipal corporation
  • None
The costs which vary with the level of output are called……..
  • Fisxed costs
  • Variable cost
  • Both
  • None
In Economics only.........goods are studied.
  • Economic
  • Money
  • Salary
  • Interest
Traditionally, the subject matter of Economics can be studied under four divisions. These are consumption .......... exchange and distribution.
  • Production
  • Service
  • Demand
  • None
According to.........."Economics is the science of wealth related to man".
  • Adam Smith
  • Alfred Marshal
  • S.K. Narayan
  • None
Anything that satisfies a human want is called....
  • Goods
  • Service
  • Demand
  • None
Based on consumption, goods are classified into..............and producer goods.
  • Goods
  • Service
  • Demand
  • Consumer good
Utilities are classified into four different kinds. These are form utilility, place utility, time utility
  • Possasive utility
  • Service utility
  • Demand utility
  • All of these
The law of substitution is also known as the law….
  • Equi-marginal utility
  • low of maximum satisfaction
  • Both
  • None
The excessive rise in price is known as….
  • Inflation
  • Return payment
  • Inelastic Price
  • Green price hike