CSS :: Agricultural Economics And Farm Management

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1.  ______ an application of the accounting principles to the business of farming:
A. Farm planning B. Farm budgeting
C. Farm accounting D. Marketing

2.  Beef' and 'hides' are examples of:
A. Independent enterprise B. Joint enterprise
C. Supplementary enterprise D. Competitive enterprise

3.  Which of the following is not correctly matched?
A. App rises continuously till APP and MPP is both equal. B. MPP rises continuously - Till MPP is more than APP
C. TPP rises continuously - Till MPP is not equal to Zero D. APP & MPP both fall but TPP rises. When MPP is less than APP but more than zero

4.  "Rent is the price paid for the use of land" who said it?
A. Ricardo B. Carber
C. Keynes D. None of above

5.  "Under free and prefect competition there could not be any involuntary unemployment amongst wage earners in the labour market". This theory was established by:
A. Prof. J.B. Say B. Prof. Pigou
C. Prof. Keynes D. None of above

6.  Which one of the following pairs is not correctly matched?
A. Elasticity of production = Stage III of classical production function greater than unity B. Negative marginal product = Stge III of classical production function
C. Negative elasticity of production = Stage III of classical production function D. Average product decreases but is greater than marginal product = Stage II of classical production function

7.  World Trade Organization (W.T.O.) was established in:
A. 1992 B. 1998
C. 1995 D. 1997

8.  A consumer spends his income according to the law of:
A. Diminishing marginal utility B. Increasing cost
C. Equi-marginal utility D. Least cost

9.  A crop loan over Rs. 1,00,000 will require:
A. Equitable mortagage B. Registered mortgage of land
C. Personal security D. None of these

10.  A farmer having less than one hectare of irrigated the land, is known as:
A. Small farmers B. Marginal farmers
C. Big farmers D. None of the above

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