Agriculture Question Bank ICAR-JRF, SRF, ARS/NET, SAU, PhD, BANK-AFO,BHU, ADO,IFFCO, NFL,AAO,Agriculture supervisor, National seed Corporation and Others Competitive Exam
Agriculture Question Bank
Subject:- Agriculture Economics
Special 30 One Liner Questions
Questions | Answers | |
1 | A rise in general price level of goods and services in an economy over a period of time is called? | Inflation |
2 | An erosion in the purchasing power of money is known as? | Inflation |
3 | The profit earned by a Monopoly firm is called as? | Innovation profit |
4 | Return on saving is called as? | Interest |
5 | Gross income-Total expenses is equal to? | Net income |
6 | Possession of livestock is? | intermediate asset |
7 | Intelligence, skill and ability are example of? | Internal goods |
8 | A market in which buyers and sellers are drawn from the whole world is called as? | International market |
9 | Change in capital stock is called as? | Investment |
10 | First stage of production function is known as? | Irrational |
11 | Time Principle Theory of Interest? | Irving Fisher |
12 | Indifference curve is also known as? | Iso utility curve |
13 | All possible combination of two inputs which can be purchased with a given amount of fund referred as? | Iso-cost line |
14 | Production possibility curve is also known as? | isofactor curve |
15 | When several goods are demanded together for a common purpose it is called? | Joint demand |
Agriculture Question Bank
Questions | Answers | |
16 | Example for Non-transferable external personal good? | Friendship |
17 | Standard money is also referred to as? | Full bodied money |
18 | WTO-World Trade Organization is located at? | Geneva (Switzerland) |
19 | The birth place of Co-operative Credit Movement in the world is in? | Germany |
20 | The time gap between investment and return is? | Gestation period |
21 | Ratio between nominal GNP and real GNP is called? | GNP Deflator |
22 | Anything that can satisfy human wants are called? | Goods |
23 | Farm business income is? | GR-cost A1 |
24 | Giffen goods are viewed from the angle of? | Income |
25 | National income generated by agriculture is calculated by? | Income and output method |
26 | The various quantities of goods purchased by the consumer at various levels of income is referred to as? | Income demand |
27 | The measure of responsiveness of demand to change in income of as? | Income elasticity |
28 | The percentage expenditure on luxurious commodities increases as? | Income increases |
29 | Macro economics also known as? | Income Theory |
30 | By devaluation of rupees, exports will? | Increase |
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Can someone explain qn no 24… is it not supplementary enterprise????
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