Agriculture MCQs

Page No. 223

In richer nations children are______________% of the dependents?


a 60 %

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b 70 %

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c 66 %

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d 45%

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View Answer 66 %

In less developed nations economic dependency burden is__________________?


a65 % of the population

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b55 % of the population

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c35 % of the population

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d45 % of the population

✓



Yearly number of live births per 1000 population is termed as_________________?


aLive birth rate

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bCrude birth rate

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cInfant birth rate

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d All

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View Answer Crude birth rate

______________assumes economic rationality and purely materialistic, individualistic, self interested orientation towards economic decision making?


aTraditional economy

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bPolitical economy

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cCapitalistic economy

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dOpen economy

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View Answer Traditional economy

A large govt. role and some degree of coordinated economic decision making directed towards transforming the economy are usually viewed as essential components of__________________?


aTradititional economics

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bDevelopment economics

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cPolitical economics

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dNone

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View Answer Development economics

The investment of private foreign funds in the economy of a developing nation?


aPrivate foreign investment

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bPublic investment

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cBoth a and b

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d None of these

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Selling public assets to individuals or private business interests ?


a Publication

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bDownsizing

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cPrivatization

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dAll

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View Answer Privatization

A line which shows different combinations of two products a consumer can purchase with a specific money income, given the products price?


aIndifference curve

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bLorenz curve

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c Budget line

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dSay’s law

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View Answer Budget line

Tax levied on production of specific product on quantity of product purchased ?


aSales tax

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bExcise tax

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cIncome tax

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dAll

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View Answer Excise tax

Private or public debt owed to foreign citizens firms and institutions ?


aExternal debt

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bInternal debt

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cLoan

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dNone

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View Answer External debt

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