CSS :: Agricultural Economics And Farm Management
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221.
When increase or decrease in the level of one product does not affect the production level of another product, this relationship is known as?
A.
Competitive
B.
Complementary
C.
Supplementary
D.
Joint product
Answer: Option C
Explanation:
222.
Storage function creates:
A.
Form utility
B.
Possession utility
C.
Time utility
D.
Place Utility
Answer: Option C
Explanation:
223.
Success of a farm plan depends to a great extent, on the accuracy of basic date regarding:
A.
Estimates of production from crops animals
B.
Right production of crops and livestock in relation to fodder and feed requirement
C.
Availability of capital for investment in a particular enterprise
D.
All of these
Answer: Option D
Explanation:
224.
Sufficient condition of farm efficiency is generally referred to as choice indicator becaue it:
A.
Is a valid criterion of the assumption of certainty
B.
Is consistent with the choices made under perfect competition
C.
Is consistent with the welfare increase to the farming population
D.
Helps to make allocation compatible with the given objectives
Answer: Option D
Explanation:
225.
Sunlight is:
A.
free godd
B.
Economic good
C.
Both (a) and (b)
D.
None of these
Answer: Option A
Explanation:
226.
Supply for perishables in very short run:
A.
Can be increased
B.
Can be decreased
C.
Remains constant
D.
None of these
Answer: Option C
Explanation:
227.
When frmers pool their land, labour and capital and work jointly under the direction of an elected managing committee and divide the profit among themselves in probortion of land contributed and wages earned by each one of them it is called?
A.
Co-operative farming
B.
Collective farming
C.
Capitalist farming
D.
Peasant farming
Answer: Option A
Explanation:
228.
What is the basic consideration for advancing crop loan by commercial banks?
A.
To access the repayment capacity of the farmers
B.
To advance loans at cheaper rates
C.
Cost of production per unit of area
D.
To advance loans to weaker sections
Answer: Option C
Explanation:
229.
Wealth is a:
A.
Fund
B.
Flow resources
C.
Income
D.
Capital
Answer: Option A
Explanation:
230.
We get maximum satisfaction when:
A.
Marginal utility is the same
B.
Total utility is the same
C.
Average utility is decreases
D.
Total utility is decreases
Answer: Option D
Explanation:
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