M C Q s D r i v e

Agriculture Mcqs 7387 MCQs [All-Courses]

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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.

The private ownership of resources and use of a system of market and prices to coordinate and direct economic activity________________?
A Pure capitalism
B Iaissez faire capital
C Both
D
Correct Answer: Both
A particular set of institutional arrangement and a coordinating mechanism is___________________?
A Economic system
B Fascism
C Mixed system
D
Correct Answer: Economic system
Any point inside the production possibility curve represents ?
A Unemployment
B Failure to achieve productive efficiency
C Both A. and B.
D None of these
Correct Answer: Both A. and B.
Directing domestic resources to output which a nation is highly efficient at producing is called____________________?
A International Trade
B Speculation
C International specialization
D
Correct Answer: International specialization
Opportunity cost is illustrated by the___________________?
A Steep slope
B Downward slope
C Positive slope
D
Correct Answer: Downward slope
The amount by which a nation’s export of goods (or goods and services) exceeds its import of goods or goods and services is_______________?
A Trade surplus
B Trade deficit
C Trade off
D
Correct Answer: Trade surplus
The activity of buying or selling with the motive of later reselling or re buying for profit is called ?
A Spillover
B Speculation
C Specializing
D All
Correct Answer: Speculation
All points on the production possibility curve explain__________________?
A Allocative efficiency
B Productive efficiency
C Less than full use of resources
D Unattainable levels of output
Correct Answer: Productive efficiency
In________________ economics we look at desirability of certain aspects of the economy ?
A Theoretical
B Positive
C Normative
D
Correct Answer: Normative
Amount of other products which must be foregone or sacrificed to obtain 1 unit of a specific good is called its______________?
A Opportunity cost
B Real cost
C Economic cost
D
Correct Answer: Opportunity cost