The meaning of economics is most closely associated with the word
A. Free
B. Scarce
C. Limited
D. Unlimited
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At present, the population density in Rajasthan is
A. 167 person/km2
B. 165 person/km2
C. 168 person/km2
D. 169 person/km2
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The assets that are difficult to convert them into cash to meet any current obligations are
A. Fixed assets
B. Working assets
C. Current assets
D. None of these
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Opportunity cost can be calculated with the help of
A. Gross income
B. Net income
C. Both A and B
D. None of these
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Match the
List-I with
List-II and select the correct answer:
List-I (Organization)
List-II (Leading Person)
a. FSS
1. B. Shivaraman
b. NABARD
2. B. K. Hazare
c. DRI
3. M. Narasimhan
d. RRB
4. Bawa
A. a-1, b-2, c-3, d-4
B. a-4, b-1, c-3, d-2
C. a-3, b-1, c-2, d-4
D. a-4, b-3, c-2, d-1
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Repayment capacity of loan of a farmer is judged on the basis of
A. Total cropped land
B. Crop and live stock raised
C. Gross income of the farmer
D. Net income of the farmer
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Level of output of a particular commodity depends upon the quantity of inputs used for its production, the relationship between input and output is called
A. Production process
B. Production function
C. Production mix
D. Cost production
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Select the odd one from the following
A. Spearman test
B. Goldfeld and Quandt test
C. Glejser test
D. Von Neumann test
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The size of holding which provides full employment to the farm family and provides a resonable standard of living could be termed as
A. Optimum holding
B. Family holding
C. Economic holding
D. Basic holding
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Which of the following is not correctly matched in the term of Type of market and Basis of classification?
A. Unorganized market ⇔ Organization
B. Regulated market ⇔ Control
C. Perfect market ⇔ Competition
D. Terminal market ⇔ Area
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The function of successful farm manager is
A. Decision making and taking action
B. Formation of the goods
C. Recognition and definition of problem
D. All of the above
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Which one of the following pairs is/are correctly matched
A. Ecomark : Environmental friendly
B. Rugmark : Child labour not used
C. ISO 9000/14000 : Quality control monitored
D. All of the above
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Full form of VAT is
A. Value Added Tax
B. Value Applicable Tax
C. Vetenary Applied and Technology
D. None of the above
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Facts and finding of other sciences are coordinated for the solution of various problems of individual farmers with a view to achieving certain desired goals. Hence, farm management is
A. micro approach science
B. practical science
C. integrating science
D. broader field
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The difference between national income and domestic product is accounted by
A. Net factor income from abroad
B. Budgetary surplus/deficit
C. Export surplus/deficit
D. Inflow of capital
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Which of the following is not correctly matched
A. Division under resource limitation - Principle of equimarginal returns
B. Choosing best crop enterprises - Opportunity cost principle
C. Allocation of resources under resource limitation - Law of variable proportions
D. Optimum level of input use without resource limitation - Law of diminishing returns
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When the total cost is divided by the total unit of production, we get
A. Marginal cost
B. Average cost
C. Total cost
D. Prime cost
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Concept of 'crystallized labour' given by
A. Marshall
B. Keynes
C. Mill
D. Karl Marx
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Rayotwari system was first introduced in
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Break even analysis is carried out by
A. BEP = P/F - V
B. BEP = F/P - V
C. BEP = T/F - V
D. BEP = T + V/E
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