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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.

Obtaining the socially optimal amounts of goods and services using minimum necessary resources ?

A Economic efficiency

B Productive efficiency

C Allocative efficiency

D All

Review Detailed Answer

Correct Answer: All

A course of action indented to correct or avoid a problem_________________?

A Economic principle

B Economic policy

C Economic phenomena

D Economic rationale

Review Detailed Answer

Correct Answer: Economic policy

An industry in which economics profits are negative and which will, therefore, decrease its output as firms leave it ?

A Increasing cost industry

B Decreasing cost industry

C Declining industry

D None of these

Review Detailed Answer

Correct Answer: Declining industry

Building of new factories in particular nation by corporations of other nations ?

A Discrimination

B Direct foreign investment

C Profit maximization rule

D Economies of scale

Review Detailed Answer

Correct Answer: Direct foreign investment

Increase in the price level at a rate greater than expected ?

A Dearness

B Deflation

C Stagflation

D Unanticipated

Review Detailed Answer

Correct Answer: Unanticipated

To obtain the greates utility consumer should allocate money income so that last dollar spent on each good or service yields the same marginal utility ?

A Law of diminishing return

B Say’ law

C Law of diminishing marginal utility

D Say’ law

Review Detailed Answer

Correct Answer: Law of diminishing return

Total number of monetary units received by a firm from the sale of a product is called___________________?

A Total revenue

B Nominal profit

C Both

Review Detailed Answer

Correct Answer: Total revenue

A payment of funds by a govt. firm or house hold for which it receives no goods or services in return?

A Subsidy

B Tax

C lump-sum-tax

Review Detailed Answer

Correct Answer: Subsidy

An ownership share in a corporation___________________?

A Stock

B Corporation

C Both

Review Detailed Answer

Correct Answer: Both

The use of the resources of an individual or firm, a region, or a nation to produce one or a few goods and services ?

A Specialization

B speculation

C Fly over

D Capital flight

Review Detailed Answer

Correct Answer: Specialization

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Agriculture Mcqs 7387 MCQs [All-Courses]

All Topics 7387

All Topics 7387

Obtaining the socially optimal amounts of goods and services using minimum necessary resources ?

A course of action indented to correct or avoid a problem_________________?

An industry in which economics profits are negative and which will, therefore, decrease its output as firms leave it ?

Building of new factories in particular nation by corporations of other nations ?

Increase in the price level at a rate greater than expected ?

To obtain the greates utility consumer should allocate money income so that last dollar spent on each good or service yields the same marginal utility ?

Total number of monetary units received by a firm from the sale of a product is called___________________?

A payment of funds by a govt. firm or house hold for which it receives no goods or services in return?

An ownership share in a corporation___________________?

The use of the resources of an individual or firm, a region, or a nation to produce one or a few goods and services ?