Agriculture - Mock Test 97

Question 961

Man's wants are?

A) Limited B) Unlimited C) Countable D) Scarce

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Question 962

Which of the following is an economic factor, affects the type or system of farming?

A) Availability of capital B) Water C) Land D) All of the above

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Question 963

Main functions of a Central Bank are ?

A) To serve as an ideal banking institution B) To regulate entire banking institute of the state C) To issue paper currency D) To serve as a government bankers

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Question 964

M.P.P. is equal to (P = Production, X = input)?

A) rP/rX B) rX/rP C) P/X D) rX/rP x 100

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Question 965

The route through which agricultural products move from producers to consumers is known as?

A) Marketing information B) Marketing channels C) Marketing efficiency D) Marketing institutions

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Question 966

The return from best alternate use of that input forgone by putting it to the present use is known as?

A) Average cost B) Total cost C) Marginal cost D) Opportunity cost

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Question 967

Level of output of a particular commodity depends upon the quantities of inputs used for its production. This relationship is known as?

A) Production process B) Product mix C) Production function D) Cost function

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Question 968

Land reforms have been equated with total ______ development?

A) Urban B) Agrarian C) Industrial D) Education

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Question 969

Land holding of either 10 or more hectares have been classified as?

A) Semi-medium B) Medium C) Semi-large D) Large

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Question 970

Which of the following is not a component of farm business?

A) Land B) Capital C) Labour and Management D) Water

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