Agriculture - Mock Test 107

Question 1061

Economics is a/an?

A) Art B) Science C) Art and science D) None of these

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Question 1062

Economic laws are not ascertain as?

A) Physical laws B) Moral laws C) Government laws D) All of the Above

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Question 1063

Which one of the following is not a physical factor affecting the type of farming?

A) Climate B) Topography C) Soil D) Labour supply

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Question 1064

The marginally productivity theory is based on the assumption of?

A) Imperfect competition B) Monopolistic competition C) Perfect competition D) Elastic competition

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Question 1065

Diversified farming is a kind of?

A) System of farming B) Type of farming C) Both of the above D) None of the above

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Question 1066

Demand for necessary goods is?

A) Elastic B) Inelastic C) Perfectly elastic D) None of the above

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Question 1067

Decrease in demand means?

A) Demand change due to change in price B) Demand changes not due to the change in price but due to income C) Both 1⃣ and 2⃣ D) None of these

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Question 1068

Decisions regarding selection of enterprise are known as?

A) Marketing decisions B) Buying decisions C) Administrative decisions D) Operational decisions

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Question 1069

Decisions regarding irrigation, conservation and reclamation programmes are comes under?

A) Buying decisions B) Selling decisions C) Marketing decisions D) Strategic decisions

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Question 1070

Decisions on construction of buildings are comes under?

A) Operational decisions B) Administrative decisions C) Strategic decisions D) Selling decisions

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