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Agriculture Mcqs 7387 MCQs [All-Courses]

Agriculture MCQs cover fundamental and applied concepts related to farming, crop production, soil science, irrigation, fertilizers, plant breeding, pests, and agricultural economics. This topic is designed to strengthen conceptual understanding and problem-solving skills through objective questions. It is especially useful for competitive exams such as PPSC, FPSC, KPPSC, BPSC, NTS, OTS, and other testing services, helping candidates prepare with exam-oriented and up-to-date agricultural knowledge.

A market in which products are sold by firms and bought by households is_________________?

A Resource market

B Product market

C Consumer market

Review Detailed Answer

Correct Answer: Product market

An institution or mechanism which brings together buyers and sellers is called____________________?

A Market

B Resource Market

C Product Market

Review Detailed Answer

Correct Answer: Market

The value of a product sold by a firm less the value of the products purchased and used by the firm to produce the product____________________?

A Value added

B Value of money

C Vertical range

Review Detailed Answer

Correct Answer: Value added

The percentage of labour force unemployment at any time__________________?

A Unemployment rate

B Inflation rate

C Deflation rate

Review Detailed Answer

Correct Answer: Unemployment rate

A payment of money or goods & services by a govt. to a household or firm for which the payer receives no good or service directly in return______________?

A Tax

B Tariff

C Transfer payment

D Subsidy

Review Detailed Answer

Correct Answer: Transfer payment

The export of goods (or goods and services) of a nation less its imports of goods (or goods and services)__________________?

A Trade Balance

B Trade deficit

C Trade surplus

Review Detailed Answer

Correct Answer: Trade surplus

An involuntary payment of money to govt. by a household or firm for which the household or firm receives no good or services directly in return ?

A Tariff

B Tax

C Tacit collusion

D Subsidy

Review Detailed Answer

Correct Answer: Tax

An economic system in which property resources are privately owned and markets and prices are used to direct and coordinate economic activities________________?

A Pure capitalism

B Command Economy

C Closed economy

D Open economy

Review Detailed Answer

Correct Answer: Pure capitalism

A physical establishment which performs one or more functions in production, fabrication and distribution of goods and services ?

A Plant

B Firm

C Factory

Review Detailed Answer

Correct Answer: Plant

Legally established maximum price of a good or service__________________?

A Ceiling price

B Floor price

C Max price

Review Detailed Answer

Correct Answer: Ceiling price

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Agriculture Mcqs 7387 MCQs [All-Courses]

All Topics 7387

All Topics 7387

A market in which products are sold by firms and bought by households is_________________?

An institution or mechanism which brings together buyers and sellers is called____________________?

The value of a product sold by a firm less the value of the products purchased and used by the firm to produce the product____________________?

The percentage of labour force unemployment at any time__________________?

A payment of money or goods & services by a govt. to a household or firm for which the payer receives no good or service directly in return______________?

The export of goods (or goods and services) of a nation less its imports of goods (or goods and services)__________________?

An involuntary payment of money to govt. by a household or firm for which the household or firm receives no good or services directly in return ?

An economic system in which property resources are privately owned and markets and prices are used to direct and coordinate economic activities________________?

A physical establishment which performs one or more functions in production, fabrication and distribution of goods and services ?

Legally established maximum price of a good or service__________________?