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281.

The statement in the process of production and distribution of goods, income is generated and distributed amongst the factors of production was given by:

A.	J.B. Say	B.	Classical economist
C.	Keynes	D.	Marshal

282.

The physical property of a business along with their values at a specific date is enlisted in:

A.	Farm book-keeping	B.	Farm planning
C.	Farm inventory	D.	Farm management

283.

The primary cooperative credit societies have:

A.	Two-tier structure	B.	Four-tier structure
C.	Three-tier structure	D.	None of the above

284.

Who was the first economist to have propounded the theory of rent?

A.	Joan Robinson	B.	R.G.D. Allen
C.	Edward Chamberlain	D.	Alfred Marshall

285.

The principle of equi-marginal return states that the profits will be the greatest if unit resources are used where:

A.	Marginal returns are the highest	B.	Average returns are the highest
C.	Total returns are the highest	D.	Net returns are the highest

286.

The principles of taxation were given by:

A.	Marshall	B.	Adam Smith
C.	Hicks	D.	None of the above

287.

The process of determination of wages, rent, interest and profit is called:

A.	Consumption	B.	Production
C.	Distribution	D.	None of the above

288.

The process of transformation of certain resources of inputs is known as:

A.	Product	B.	Production function
C.	Production	D.	Consumption