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.

A physical establishment which performs one or more functions in production, fabrication and distribution of goods and services ?
A Plant
B Firm
C Factory
D
Correct Answer: Plant
Legally established maximum price of a good or service__________________?
A Ceiling price
B Floor price
C Max price
D
Correct Answer: Ceiling price
A market in which money of one nation can be used to purchase the money of other nation is called____________________?
A Money market
B International market
C Foreign exchange market
D All of these
Correct Answer: Foreign exchange market
An organization which employs resources to produce a good or service for profit and own and operates one or more plants is called_______________?
A Company
B Factory
C Firm
D
Correct Answer: Firm
The monetary payment a firm must make to an outsider to obtain a resource____________________?
A Implicit cost
B Explicit cost
C Net cost
D Total cost
Correct Answer: Explicit cost
To charge different prices for the goods of the same standard is called___________________?
A Prices discrimination
B Prices differentiation
C Oligopoly
D Prices elasticity
Correct Answer: Prices discrimination
The total revenue of a film less all its economic costs is called_____________________?
A Economy Profit
B Pure Profit
C Above normal Profit
D All these
Correct Answer: All these
An economic system in which property resources are publicly owned and govt uses central economic planning to direct & coordinate economic activities ?
A Command economy
B Closed economy
C Open economy
D
Correct Answer: Command economy
Total consumption deducted from total income is called__________________?
A Net income
B Gross income
C Saving
D None of these
Correct Answer: Saving
Using part of income/saving for more income is called_________________?
A Investment
B Busyness
C Consumption
D Entrepreneurship
Correct Answer: Investment