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Agriculture MCQs with Answers


This is Agriculture MCQs section with detailed explanations for preparation of screening tests, interviews for government jobs. In this section candidate will learn MCQs on variety of topics from the subject.

  1. 81 Changes in govt. spending and tax collection designed to achieve a full employment and non-inflationary domestic out put is called___________________?
    1. Fiscal policy

    2. Economic planning

    3. Economizing problem

    4. None

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  2. 82 The transfer of savings from developing countries to industrially advanced countries to avoid govt. expropriation, taxation and high rates of inflation is_________________?
    1. capital flight

    2. capital account

    3. capital deficit

    4. All of these

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  3. 83 A legally determined price above the equilibrium price is__________________?
    1. Floor price

    2. Ceiling price

    3. Equilibrium price

    4. None

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  4. 84 The branch of economics which analyze govt. revenues and expenditures is__________________?
    1. Public revenue

    2. Public finance

    3. Public good

    4. None

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  5. 85 Nominal income adjusted for inflation__________________?
    1. Real income

    2. Net income

    3. Total income

    4. None

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  6. 86 A tax imposed by a nation on an imported good is called_________________?
    1. Tariff

    2. Foreign exchange

    3. Net profit

    4. GNP

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  7. 87 The body of knowledge and techniques which can be used to produce goods and service from economic resources is________________?
    1. Technology

    2. Advanced knowledge

    3. Both

    4. None

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  8. 88 The amount by which a nation’s import of goods (or goods and services) exceeds its export of goods or goods and services is________________?
    1. Trade surplus

    2. Trade deficit

    3. Trade bloc

    4. None

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  9. 89 An economic system in which traditions and customs determine how the economy would use its scare resources ?
    1. Traditional economy

    2. Mixed economy

    3. capitalistic economy

    4. Command economy

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  10. 90 Failure to use all available economic resources to produce goods and services is called__________________?
    1. Unemployment

    2. Underemployment

    3. Inflation

    4. Deflation

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