Agriculture - Mock Test 90

Question 891

The classical theory of interest is also called as?

A) Real theory of interest B) Menetary theory of interest C) Lonable funds theory D) Liquidity preference theory

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Question 892

The Canons of taxation were given by?

A) Adam Smith B) Rob ins C) Pigou D) Marshall

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Question 893

Total cost is equal to?

A) Fixed cost + Variable cost B) Fixed cost + Variable cost/100 C) Fixed cost - Variable cost D) None of the above

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Question 894

Total output is maximum t the point when?

A) Average product is maximum B) Average product is zero C) Marginal product is zero D) Marginal product is maximum

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Question 895

Under the crop loan system, the farmer is given loan in the form of?

A) Cash B) Kind C) Partly case and partly kind D) None of these

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Question 896

The author of the "wealth of nations" was?

A) Marshall B) Ricardo C) Robbins D) Adam Smith

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Question 897

The assets that are difficult to convert into cash to meet any current obligations are?

A) Working assets B) Current assets C) Fixed assets D) None of the above

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Question 898

Uniform interest rate policy is not justified from the viewpoint of economic soundness because it does not take into account?

A) Size of loan B) Risk C) Distance D) All above

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Question 899

Utility in economics means?

A) Usefulness B) Pleasure C) Want-satisfying power of a commodity D) Satisfaction

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Question 900

The amount added to total cost for producing additional unit of output is known as?

A) Marginal cost B) Average cost C) Total cost D) None of them

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