Agriculture MCQs

Page No. 218

The intersection of the supply curve and demand curve indicates ?


aMarket equilibrium


bMarket demand


cMarket condition


d None


View Answer Market equilibrium

Determinant of supply is__________________?


aResource price


bTechniques of production


c Taxes a subsidies


dAll


View Answer All

Other thing remain the same as price rises, the corresponding quantity supplied rises, as price falls the quantity supplied falls is___________________?


aSay’s law


bKeynes theory of supply


c Law of supply


dNone


View Answer Law of supply

A demand curve shifts because of change is_____________________?


aConsumer tastes


bNumber of buyers in market


cIncomes


dAll of these


View Answer All of these

Monopoly and oligopoly are the examples of___________________?


a Perfect competition


b Imperfect competition


cPure competition


dNone



Index measuring deprivation in basic human development in a country ?


aHuman deprivation index


bHuman poverty index


cHuman development index


dNone



Productive investments embodied in human persons?


aFixed capital


bHuman capital


c Both A and B


dnon of these


View Answer Human capital

A household’s or firm’s income in the form of goods or services ?


aExtra income


bIncome in kind


c Fixed income


d None


View Answer Fixed income

A deliberate effort to replace major consumer imports by promoting the emergence and expansion of domestic industries such as textile, shoes etc ?


aImport substitution


bExport substitution


c Autarchy


dIndustrialization


View Answer Import substitution

Discount rate that causes a project to have a net present value of zero used to rank projects in comparison with market rates of interest?


aRate or returns


bExternal rate or returns


c Internal rate or returns


dNone



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