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131.

In law of supply the relationship between price and quantity supplied is:

A.	Direct	B.	Indirect
C.	Both (a) and (b)	D.	None of the above

132.

In mixed farming the contribution of livestock to gross farm income is:

A.	At least 10%	B.	At least 30%
C.	At least 40%	D.	More than 50%

133.

Who wrote the book, "The Theory of Monopolistic Competition":

A.	Joan Robinson	B.	E.H. Chamberlin
C.	A.C. Pigou	D.	Frederic Benham

134.

In pesant farming the owner of the land is:

A.	Land lord	B.	Co-operative society
C.	Government	D.	Farmer

135.

In prefect competition, there are:

A.	Large number of buyers and few number of seller in the market	B.	Large number of sellers and few number of buyers in the market
C.	Number of buyers and sellers are large and nearly equal	D.	All of above

136.

The fource of finance of State Co-operative Bank is:

A.	Deposits from member and non-members	B.	Borrow from State Government etc.
C.	Both (a) and (b)	D.	None of these

137.

In the short run, Average Cost, Average Variable Cost and Marginal Cost Curves are 'U' shaped due to the operation of:

A.	Low of equimarginal returns	B.	Substitution between two factor inputs
C.	Law of variable proportion	D.	Time comparison principle

138.

Which of the following is not merit of open auction system?

A.	It disposes of the market supply promptly	B.	A wide variety of goods are available to buyers for selection
C.	The buyers of small lots have disadvantage	D.	The payments of the price of the goods is made immediately

139.

In which method of sale, prices are fixed by mutual agreement:

A.	Dara sale	B.	Under cover of a cloth
C.	Private negotiation	D.	Close tender system

140.

In which planning period profit rule says that gross return should cover variable cost:

A.	Long run	B.	Short run
C.	Both (a) and (b)	D.	None of the above