Agricultural Economics One Liner
Agricultural Economics one liner
Quest.The science of Wealth
Ans.Economics
Quest.The economic concerned with individual unit i.e., single industry, form or single consumer.
Ans.Micro economics
Quest.The economic deal with the whole economic setup i.e. total production, total expenditure, total income etc.
Ans.Macro economics
Quest.Father of Agricultural Economics
Ans.Adam Smith
Quest.The potential exchangeable means of satisfying human wants
Ans.Wealth
(Agricultural Economics One Liner)
Quest.The part of wealth used for further regenerating wealth
Ans.Capital
Quest.Reward of Labour
Ans.Wages
Quest.Reward of Capital
Ans.Interest
Quest.Population theory was proposed by
Ans.Malthus
Quest.The market used for food grains
Ans.Regional or State market (Agricultural Economics One Liner)
Quest.The market used for durable goods
Ans.National market
Quest.A time based market basically for perishable goods
Ans.Short period market
Quest.Food grain markets, vegetable markets, wool market are the example of
Ans.Special market
Quest.Which market ensure fair price
Ans.Regulate market
Quest.Which one is a competitive market?
Ans.Perfect market (Agricultural Economics One Liner)
Quest.The market which is permanent in nature
Ans.Secular market
Quest.The 1st function performed in the marketing of agricultural commodities
Ans.Packing
Quest.Which is not a function of marketing
Ans.Harvesting
Quest.FCI was established in
Ans.1965
Quest.The Warehousing Corporations Act came into operation on
Ans.18th March, 1962 (Agricultural Economics One Liner)
Quest.NAFED was established in the year
Ans.October, 1958
Quest.When there is a single salers of a product
Ans.Monopoly market
Quest.A market consisting of single buyer of a product
Ans.Monosony market
Quest.When few salers of a commodity
Ans.Oligopoly market
Quest.When few buyers of a commodity
Ans.Oligopsony market (Agricultural Economics One Liner)
Quest.A market where homogenous products and large no. of buyers and salers are found
Ans.Pure Market
Quest.The contribution of central govt. in the capital share of Regional Rural Bank
Ans.50%
Quest.WTO come in to effect from
Ans.1995
Quest.The portion of the total produce in stock which the farmer is willing to sell.
Ans.Marketable surplus
Quest.The portion which is usually brought to the market at a particular time for sale.
Ans.Marketed surplus (Agricultural Economics One Liner)
Quest.The relationship between Marketable to Marketed surplus for perishable products
Ans.Equal
Quest.Marketable surplus is given by
Ans.MS = P – C
Quest.The minimum price at which the govt. is prepared to buy agril. commodities
Ans.Minimum Support Price (MSP)
Quest.MSP is fixed by
Ans.Commission of Agricultural Cost and Price (CACP)
Quest.National institute of Agricultural Marketing is situated at
Ans.Jaipur (Agricultural Economics One Liner)
Quest.The difference between value in use and value in exchange
Ans.Consumer surplus
Quest.The excess of what we are prepared to pay over what we actually pay for a commodity is known as
Ans.Consumer surplus
Quest.Short term loan is given for
Ans.1 to 1½ years
Quest.Long term loan is given for the period of
Ans.5 to 30 years (Agricultural Economics One Liner)
Quest.The 3 Rs of credit are
Ans.Returns, Repayment capacity and Risk bearing ability.
Quest.Loan repaying capacity of a farmer is judged on the basis of
Ans.Net income of farmer
Quest.Increase in money supply and fall in production causes
Ans.Inflation
Quest.Risks arise due to changes in Government policies are termed as a
Ans.Institutional risk
Quest.AGMARK Act was passed in
Ans.1937 (Agricultural Economics One Liner)
Quest.Central AGMARK Lab is located at
Ans.Nagpur
Quest.1st bank in India was established on
Ans.1806
Quest.Money supply in Indian national economy is regulated by
Ans.RBI
Quest.RBI was established and nationalized in
Ans.1st April, 1935 and 1st January, 1949
Quest.The bank who credits to marginal, small and Agricultural labours
Ans.RRB (1975)
(Agricultural Economics One Liner)
Read More-
- General Agriculture One Liner For Competitive exam-50
- Agricultural Economics MCQ For Competitive exam
- Soil Science One Liner For Competitive exam-2
- Soil Science One Liner For Competitive exam-1
- Rice One Liner Very Important For Competitive exam
