Agricultural Economics — Part 2 MCQs with Explanations

a-2, b-1, c-4, d-3 is the correct answer to “Match the following columns Column I Column II a. Marginal farmer and agricultural labour 1. 1971 b. Integrated dryland agriculture programme 2. 1970-71 c. Antyodaya programme 3. 1989 d. Jawahar Rozgar Yojna 4. 1977”. This question is standard in competitive examination syllabi for Agricultural Economics.

WTO is the correct answer to “Which of the following organisation governs international trade :”. This question is standard in competitive examination syllabi for Agricultural Economics.

a-2, b-1, c-4, d-3 is the correct answer to “Match the List-I with List-II and select the correct answer: List-I (Theories) List-II (Scientists) a. Unlimited supplies fraction of labour 1. Harris Todaro b. Migration and unemployment theory 2. Arthur Lewis c. Critical minimum effort 3. Rosenstein Rodan d. Big push theory 4. Leibenstein”. This question is standard in competitive examination syllabi for Agricultural Economics.

$$\frac{{\Delta {{\text{x}}_2}}}{{\Delta {{\text{x}}_1}}} = \frac{{{\text{P}}{{\text{x}}_1}}}{{{\text{P}}{{\text{x}}_2}}}$$ is the correct answer to “In following formula which one indicates the least cost combination point”. This question is standard in competitive examination syllabi for Agricultural Economics.

Correlation is the correct answer to “Elasticity cannot be explained by”. This question is standard in competitive examination syllabi for Agricultural Economics.

8% is the correct answer to “Targeted annual growth rate of Indian economy in 10 th five year plan was”. This question is standard in competitive examination syllabi for Agricultural Economics.

Both A and B is the correct answer to “Marginal value products of scarce resources is known by”. This question is standard in competitive examination syllabi for Agricultural Economics.

52.39 lakh hectare is the correct answer to “The crop irrigated area of Rajasthan is”. This question is standard in competitive examination syllabi for Agricultural Economics.

Diminishing marginal returns is the correct answer to “Which one of the following is not a cause for small size of holdings in India”. This question is standard in competitive examination syllabi for Agricultural Economics.

16.7% is the correct answer to “The percentage population of world lives in India is”. This question is standard in competitive examination syllabi for Agricultural Economics.

44.34% is the correct answer to “The total female literacy rate in Rajasthan on the basis of 2001 Census was”. This question is standard in competitive examination syllabi for Agricultural Economics.

a-4, b-3, c-2, d-1 is the correct answer to “Match the List-I with List-II and select the correct answer: List-I (Theories) List-II (Scientists) a. Golden age 1. Phelps b. Model of long run growth 2. Kaldor c. Stylized facts of growth 3. R. M. Solow d. Golden rule of accumulation 4. Joan Robinson”. This question is standard in competitive examination syllabi for Agricultural Economics.

1975 is the correct answer to “Regional Rural Banks under the sponsorship of nationalised bank were established in”. This question is standard in competitive examination syllabi for Agricultural Economics.

Tamil Nadu is the correct answer to “Ryotwari system was initially introduced in”. This question is standard in competitive examination syllabi for Agricultural Economics.

Diversified farming is the correct answer to “A farm on which no single product source of income equal as much as 50% of the total receipts is called”. This question is standard in competitive examination syllabi for Agricultural Economics.

Government is the correct answer to “The owner of land in state farming is”. This question is standard in competitive examination syllabi for Agricultural Economics.

Haryana is the correct answer to “Per capita domestic electricity consumption is highest in the State of”. This question is standard in competitive examination syllabi for Agricultural Economics.

Toward right is the correct answer to “With progress in technology, the PPC will shift”. This question is standard in competitive examination syllabi for Agricultural Economics.

All of these is the correct answer to “Low productivity in agriculture in India is the result of”. This question is standard in competitive examination syllabi for Agricultural Economics.

Long term credit is the correct answer to “Credit taken for land development is”. This question is standard in competitive examination syllabi for Agricultural Economics.

52.12% is the correct answer to “The total female literacy rate in Rajasthan on the basis of 2011 Census was”. This question is standard in competitive examination syllabi for Agricultural Economics.

Unit elasticity is the correct answer to “When with a change in price the total outlay on commodity remains constant, it is a case of”. This question is standard in competitive examination syllabi for Agricultural Economics.

Complementry enterprice is the correct answer to “Crop farming and milk production is example of”. This question is standard in competitive examination syllabi for Agricultural Economics.

All of these is the correct answer to “Application of the law of diminishing return may be delayed in case of”. This question is standard in competitive examination syllabi for Agricultural Economics.

Hicks substitution effect is the correct answer to “Consumer is neither worse off nor better off than before in”. This question is standard in competitive examination syllabi for Agricultural Economics.

Commercial Bank is the correct answer to “From which institution do the agriculturists get maximum credit”. This question is standard in competitive examination syllabi for Agricultural Economics.

State Bank of India is the correct answer to “Agricultural Development Banks are sponsored by”. This question is standard in competitive examination syllabi for Agricultural Economics.

Lack of capital is the correct answer to “Indian agriculture suffers from”. This question is standard in competitive examination syllabi for Agricultural Economics.

a-2, b-1, c-4, d-3 is the correct answer to “Match the following columns Column I Column II a. 1 st Five year plan 1. 1956 - 1961 b. 2 nd Five year plan 2. 1951 - 1956 c. 3 rd five year plan 3. 1969 - 1974 d. 4 th five year plan 4. 1961 - 1966”. This question is standard in competitive examination syllabi for Agricultural Economics.

28,700 is the correct answer to “Suppose that cost A 2 on a farm is Rs. 26450 and the rent of the leased in land is Rs. 2250. Cost A 1 on this farm will be Rs.”. This question is standard in competitive examination syllabi for Agricultural Economics.

Government is the correct answer to “In state farming, the owner of land is”. This question is standard in competitive examination syllabi for Agricultural Economics.

Financial aspects is the correct answer to “Project planning and budgeting are used to know”. This question is standard in competitive examination syllabi for Agricultural Economics.

Food and fodder is the correct answer to “Agriculture sector is the main source of supply of”. This question is standard in competitive examination syllabi for Agricultural Economics.

26.7% is the correct answer to “What is the percentage of agricultural contribution in national economy”. This question is standard in competitive examination syllabi for Agricultural Economics.

Production economics is the correct answer to “Rational use of agricultural resources from national angle is a”. This question is standard in competitive examination syllabi for Agricultural Economics.

Both A and B is the correct answer to “B-C ratio is used to evaluate”. This question is standard in competitive examination syllabi for Agricultural Economics.

Adam Smith is the correct answer to “Who is the father of economics”. This question is standard in competitive examination syllabi for Agricultural Economics.

Agra and Oudh is the correct answer to “Mahalwari system was introduced by William Bentinck in”. This question is standard in competitive examination syllabi for Agricultural Economics.

Optimum holding is the correct answer to “A holding which is keeping in new of the ceiling to the size, the marginal capacity and financial resources of an average cultivator refers to the size not exceeding three times of the size of an economic holding, is known as”. This question is standard in competitive examination syllabi for Agricultural Economics.

Single repayment loan, having no amortization is the correct answer to “What is bullet loan”. This question is standard in competitive examination syllabi for Agricultural Economics.