Agriculture MCQs

Page No. 218

The intersection of the supply curve and demand curve indicates ?


aMarket equilibrium

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bMarket demand

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cMarket condition

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d None

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View Answer Market equilibrium

Determinant of supply is__________________?


aResource price

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bTechniques of production

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c Taxes a subsidies

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dAll

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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

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bKeynes theory of supply

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c Law of supply

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dNone

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View Answer Law of supply

A demand curve shifts because of change is_____________________?


aConsumer tastes

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bNumber of buyers in market

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cIncomes

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dAll of these

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View Answer All of these

Monopoly and oligopoly are the examples of___________________?


a Perfect competition

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b Imperfect competition

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cPure competition

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dNone

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Index measuring deprivation in basic human development in a country ?


aHuman deprivation index

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bHuman poverty index

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cHuman development index

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dNone

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Productive investments embodied in human persons?


aFixed capital

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bHuman capital

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c Both A and B

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dnon of these

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View Answer Human capital

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


aExtra income

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bIncome in kind

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c Fixed income

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d None

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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

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bExport substitution

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c Autarchy

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dIndustrialization

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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

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bExternal rate or returns

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c Internal rate or returns

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dNone

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