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CSS :: Agricultural Economics And Farm Management


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201.  Quantitated instrument of monetary policy includes:
A. Bank rate B. Legal reserve requirements
C. Open market operations D. All of the above

202.  The purchase or sale of a commodity at the present price with the object of sale or purchase at some future date at a favourable price is known as:
A. Hedging B. Speculation
C. Market intelligence D. None of the above

203.  The reform of tenancy laid down that the rent should not exceed _____ percent of gross produce:
A. 20-25 B. 10?15
C. 25?30 D. 35-40

204.  The relationship between cost function and production function is:
A. Positive B. Negative
C. Increase D. None of these

205.  The resources, if their services are not used, these cannot be stocked are known as:
A. Stock resources B. Flow resources
C. Fixed resources D. All of the above

206.  Regulated markets are those in which:
A. Business is conducted without any set rules and regulations B. Business is conducted with the rules and regulations framed by statutory market
C. Bonds, shares and securities are bought and sold D. None of the above

207.  Rent arises under:
A. Extensive cultivation B. Intensive cultivation
C. Both (a) and (b) D. None of the above

208.  When total product is highest, marginal product will be?
A. Minimum B. Maximum
C. Zero D. Increasing

209.  When total cost is divided by total units of the production, we get?
A. Marginal cost B. Average cost
C. Fixed cost D. Variable cost

210.  Royal Commission of agriculture submitted its report in:
A. 1905 B. 1928
C. 1929 D. 1976




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