✅ The profit earned by a Monopoly AG is called as – Innovation profit
✅ Production in traditional agriculture does not respond to – Price changes
✅ Ratio between nominal GNP and real GNP is called – GNP Deflator
✅ The distinction between fixed and variable costs exists only in – Short run
✅Indian Army is an example of – National wealth
✅ When the demand for the product is less elastic inelastic the consumers surplus is – High
✅ In the marginal utility schedule initial utility become – First unit
✅ When total product is increasing marginal product will be – Positive
✅ The more we have a think the desire for additional units will be – less
✅ The demand for milk sugar and tea is a case of – Joint demand
✅ The increase in quantity supplied for a commodity due to rice in price of the commodity it is called – Extension of supply
✅ The supply of land is perfectly – Limited
✅ When a great change in price of a commodity leads to no change in quantity supplied it is called – Perfectly inelastic supply
✅ The various quantities of goods purchased by the consumer at various levels of income is referred to as – Income demand
✅ The excess of income over consumption is called – Saving
✅ Capital is an instrument of production I.e. Man made
✅The line indicating all possible combinations of two communities purchased with a given outlay of funds is called – Price line
✅ The level of indifference curve from the origin agrilearner depends upon the level of – Satisfaction
✅ Quantity demand of a good which will be changed with reference to change in price of related goods are – Cross demand
✅ The point of maximum satisfaction in consuming two communities is when the slope of indifference curve is tangent to the slope of – Price line
✅Father of Extension in India – K. N. Singh
✅First agri clinic was set up at – Vapi (Gujarat) (2001)
✅First Indian agricultural census Conducted in which year – 1970-71
✅ India’s first animal census start in – 1919-20
✅Gurgaon Project (1920) was started by – Mr. F.L. Brayne
✅Etawah Pilot Project (1948) was initiated by – Albert Mayer
✅Cooperative Movement (1904) was initiated by – F. Nicholson
✅Institute of rural management is located at – Anand (Gujarat)
✅ National Agricultural Insurance scheme was started in year – 1999
✅Community Development (CDP) was started on – 2nd Oct, 1952
✅National Agricultural Research Project(NARP) was started in – 1980
✅National Agricultural Technology Project(NATP) – 1999 Project (kalpataru)
✅Magazine “Extension digest” published from – MANAGE, Hyderabad
✅Swaran Jyanti Gram Swarojgar Yojana(SGSY) – 1999
✅India’s First Biotech Crop Technology approved for commercialization in year – 2002
✅The basic unit of development under IRDP is – Family
✅ KVK is recommended by? Mohan Singh Mehta Committee and started in – Pondicherry, TNAU in 1974
✅The basic unit of rural society is Village
✅ Puppet show are included in – Audio-visual aid.
✅High Yielding Varietal Programme (HYVP) was started on – 1966-67
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