Agricultural Economics- ICAR JRF/SRF 2024

Official solved question paper with verified bilingual step-by-step solutions and key concepts. आधिकारिक हल प्रश्न पत्र — विस्तृत द्विभाषी व्याख्या, प्रामाणिक उत्तर कुंजी एवं मुख्य अवधारणाओं सहित।

Questions in this Paper इस प्रश्न पत्र के प्रश्न

120 Questions 120 प्रश्न
1
Movement of DNA from one bacterium to another through a tubular bridge or pilus:
शस्य विज्ञान, जुताई एवं फसल उत्पादन MCQ (Single Correct) +4 / −1
2

Which of the following is responsible for eliminating toxic oxygen by-products from cells?

कृषि मौसम विज्ञान एवं जलवायु विज्ञान MCQ (Single Correct) +4 / −1
3
form of multiple parasitism in which a parasite preferentially attacks a host that is already parasitized by another species is known as
फसल आनुवंशिकी, पादप प्रजनन एवं आईपीआर MCQ (Single Correct) +4 / −1
4
For mass multiplication of DD-136 nematode, the common host used is
फसल आनुवंशिकी, पादप प्रजनन एवं आईपीआर MCQ (Single Correct) +4 / −1
5
Chlorpyriphos methyl is effective against stored product insects except
फसल आनुवंशिकी, पादप प्रजनन एवं आईपीआर MCQ (Single Correct) +4 / −1
6

Which of the following insects often cause inhalational allergies in human following large emergence of adult insects

फसल आनुवंशिकी, पादप प्रजनन एवं आईपीआर MCQ (Single Correct) +4 / −1
7

Given below are two statements

Statement (|); Climate is a weather condition related to smaller areas at a given place and at a given time.
Statement (II) : Weather is a condition of atmosphere at a given place and at a given time

In light of the above statements, choose the most appropriate answer from the options given below.

मृदा विज्ञान, पादप पोषण एवं सुधार Statement Based +4 / −1
8
The local name of cyclone in Philippines is
मृदा विज्ञान, पादप पोषण एवं सुधार MCQ (Single Correct) +4 / −1
9

Which one of the following are secondary tillage implements?

(A) .Subsoiler
(B) .Cultivator
(C) .Disc harrow
(D) . Wetland plough

Choose the correct answer from the options given below:

मृदा विज्ञान, पादप पोषण एवं सुधार MCQ (Single Correct) +4 / −1
10
is the most suitable, drought resistant and persistant grass?
मृदा विज्ञान, पादप पोषण एवं सुधार MCQ (Single Correct) +4 / −1
11
The rainfed area in India is approximately
मृदा विज्ञान, पादप पोषण एवं सुधार MCQ (Single Correct) +4 / −1
12
Which nutrient is often a limiting factor in agricultural production?
कोशिका विज्ञान, पादप कार्यिकी एवं जैव रसायन MCQ (Single Correct) +4 / −1
13
What is a potential disadvantage of agroforestry systems?
मृदा विज्ञान, पादप पोषण एवं सुधार MCQ (Single Correct) +4 / −1
14
Pungency in mustard oil is due to
कृषि मौसम विज्ञान एवं जलवायु विज्ञान MCQ (Single Correct) +4 / −1
15
Sesamum belongs to the family
मृदा विज्ञान, पादप पोषण एवं सुधार MCQ (Single Correct) +4 / −1
16
Dark period is critical in which type of plant?
कृषि मौसम विज्ञान एवं जलवायु विज्ञान MCQ (Single Correct) +4 / −1
17

Which of the following is NOT a significant contributor to greenhouse gas emissions from livestock farming?

मृदा विज्ञान, पादप पोषण एवं सुधार MCQ (Single Correct) +4 / −1
18
Fe deficiency is mostly seen in crops growing on
कोशिका विज्ञान, पादप कार्यिकी एवं जैव रसायन MCQ (Single Correct) +4 / −1
19
EDV (Essentially Derived Varieties) are those which are derived from
शस्य विज्ञान, जुताई एवं फसल उत्पादन MCQ (Single Correct) +4 / −1
20
What is the role of "companion planting" in agriculture?
मृदा विज्ञान, पादप पोषण एवं सुधार MCQ (Single Correct) +4 / −1
21
When the per capita income of a country increases due to economic growth then, in the early stages the disparity in income increases, stabilizes with time and on later stages it decreases, this statement describes.

Which of the following hypothesis?

Theories of Economic Growth (Rostow, Lewis, Fei-Ranis) & Agricultural Development Models MCQ (Single Correct) +4 / −1
22
An objective of the National Food Security Mission is to increase the production of,

which of the following crops?

Agricultural Policy in India, Food/Nutrition Security (NFSM), Poverty Alleviation & Five Year Plans MCQ (Single Correct) +4 / −1
23
Efficiency is a necessary condition but not condition to guarantee the maximization of social welfare.
Technical, Allocative & Economic Efficiency (Data Envelopment Analysis DEA & Stochastic Frontier Production Functions) MCQ (Single Correct) +4 / −1
24
What did the Indian Government do to get a loan from the IMF in 1991-92?
International Trade Theories (Ricardian, Heckscher-Ohlin), WTO Agreements, Balance of Payments & Exchange Rates MCQ (Single Correct) +4 / −1
25
Who wrote the book “Planned Economy for India"?
Agricultural Policy in India, Food/Nutrition Security (NFSM), Poverty Alleviation & Five Year Plans MCQ (Single Correct) +4 / −1
26
Match List - I with List - II :

Choose the correct answer from the options given below :

Microeconomics: Consumer Choice, Indifference Curves, Elasticities, Production Costs & Market Structures Match the Following +4 / −1
27
Who is the Chairman of Sixteenth Finance Commission of India?
Public Finance: Taxation Principles, Public Expenditure, Fiscal Deficits & Centre-State Fiscal Relations MCQ (Single Correct) +4 / −1
28

Which of the following is the largest single source of the Government's earning from tax revenue?

Public Finance: Taxation Principles, Public Expenditure, Fiscal Deficits & Centre-State Fiscal Relations MCQ (Single Correct) +4 / −1
29

Which of the following is offered as personal security for claiming the loan by the farmer-borrower from the financial
institutions?

Credit Appraisal (3Rs, 5Cs, 7Ps of Credit), Crop Insurance Schemes (PMFBY) & Agricultural Cooperative Movement MCQ (Single Correct) +4 / −1
30

Which of the following item is used for the ratio between non-equity capital to equity capital?

Rural Credit Architecture: Multi-Agency Approach, Commercial Banks, RRBs, NABARD, Priority Sector Lending & Microfinance MCQ (Single Correct) +4 / −1
31

Which of the following methods of depreciation is suitable for farm animals?

Farm Management Principles: Factor-Product, Factor-Factor, Product-Product & Cost Concepts (A1, A2, B, C) MCQ (Single Correct) +4 / −1
32
Match List - I with List - II :

Choose the correct answer from the options given below :

Production Functions (Cobb-Douglas, CES, Translog), Elasticity of Substitution & Returns to Scale Match the Following +4 / −1
33
If the production function is decreasing, MPP and the elasticity of production are
Production Functions (Cobb-Douglas, CES, Translog), Elasticity of Substitution & Returns to Scale MCQ (Single Correct) +4 / −1
34
The production function is long enough so that many, but not all inputs are treated as variable.
Production Functions (Cobb-Douglas, CES, Translog), Elasticity of Substitution & Returns to Scale MCQ (Single Correct) +4 / −1
35
How do farmers make the decisions in practice with intiution?
Farm Planning, Budgeting, Linear Programming (LP Optimization) & Risk Management in Farming Systems MCQ (Single Correct) +4 / −1
36
If the slope of AC is positive,

which of the following occurs?

Microeconomics: Consumer Choice, Indifference Curves, Elasticities, Production Costs & Market Structures MCQ (Single Correct) +4 / −1
37
Which country has the largest public sector network of Research and Development (R and D) institutes in agriculture sector?
Agricultural Policy in India, Food/Nutrition Security (NFSM), Poverty Alleviation & Five Year Plans MCQ (Single Correct) +4 / −1
38
Which is not true for agricultural commodities?
Agricultural Marketing Structures: Marketable/Marketed Surplus, Price Spreads, Marketing Margins & Channels MCQ (Single Correct) +4 / −1
39
What are the major benefits of futures trading for farmers and farming community?
Regulated Markets, e-NAM, Contract Farming, Agricultural Price Policy (CACP, MSP, FRP) & Commodity Futures Trading MCQ (Single Correct) +4 / −1
40
Storage function adds
Agricultural Marketing Structures: Marketable/Marketed Surplus, Price Spreads, Marketing Margins & Channels MCQ (Single Correct) +4 / −1
41
Which is the best type of research approach for gathering causal information?
Classical Linear Regression Model (OLS Assumptions, Gauss-Markov Theorem, BLUE Estimators) & Goodness of Fit MCQ (Single Correct) +4 / −1
42

Which of the following is related to tarrification of all non-tariff barriers?

International Trade Theories (Ricardian, Heckscher-Ohlin), WTO Agreements, Balance of Payments & Exchange Rates MCQ (Single Correct) +4 / −1
43
Pick the odd man out on the basis of working policy.
International Trade Theories (Ricardian, Heckscher-Ohlin), WTO Agreements, Balance of Payments & Exchange Rates MCQ (Single Correct) +4 / −1
44
In which year, the globalization of Indian economy started?
International Trade Theories (Ricardian, Heckscher-Ohlin), WTO Agreements, Balance of Payments & Exchange Rates MCQ (Single Correct) +4 / −1
45

Which of the following is also known as "Pure research”

Classical Linear Regression Model (OLS Assumptions, Gauss-Markov Theorem, BLUE Estimators) & Goodness of Fit MCQ (Single Correct) +4 / −1
46
Which of these includes employee benefits such as provident fund, gratuity, medical care, hospitalization, accident insurance, health and group insurance, mess facilities, uniform, entertainment, and so on?
Farm Management Principles: Factor-Product, Factor-Factor, Product-Product & Cost Concepts (A1, A2, B, C) MCQ (Single Correct) +4 / −1
47
Who has given "Two-factor theory"?
Farm Planning, Budgeting, Linear Programming (LP Optimization) & Risk Management in Farming Systems MCQ (Single Correct) +4 / −1
48

Which of the following related with job and health security?

Farm Management Principles: Factor-Product, Factor-Factor, Product-Product & Cost Concepts (A1, A2, B, C) MCQ (Single Correct) +4 / −1
49

Which of the following is not a requirement of a linear programming problem?

Farm Planning, Budgeting, Linear Programming (LP Optimization) & Risk Management in Farming Systems MCQ (Single Correct) +4 / −1
50
In case of Simplex method of solving linear programming problem, if the artificial variable does not leave the basis in two phase method or remains in the final table in Big M method, then. Which type of solution has it?
Farm Planning, Budgeting, Linear Programming (LP Optimization) & Risk Management in Farming Systems MCQ (Single Correct) +4 / −1
51
The Karve Committee was set up in 1955 to deal with
Agricultural Policy in India, Food/Nutrition Security (NFSM), Poverty Alleviation & Five Year Plans MCQ (Single Correct) +4 / −1
52

With reference to the sole proprietorship consider the following statements.

(A) . Easy to start or close
(B) . Owner's exclusive control
(C) . Negligible restrictions
(D) . Immediate decision

Choose the correct answer from the options given below:

Farm Management Principles: Factor-Product, Factor-Factor, Product-Product & Cost Concepts (A1, A2, B, C) MCQ (Single Correct) +4 / −1
53

Choose the correct option for internal source of recruitment
(A). Transfer
(B). Promotion
(C). Internal advertisement
(D). Campus recruitment drive
Choose the correct answer from the options given below:

Farm Management Principles: Factor-Product, Factor-Factor, Product-Product & Cost Concepts (A1, A2, B, C) MCQ (Single Correct) +4 / −1
54
What is a minimum acceptable human qualities, which helps to perform a job?
Farm Management Principles: Factor-Product, Factor-Factor, Product-Product & Cost Concepts (A1, A2, B, C) MCQ (Single Correct) +4 / −1
55

Given below are two statements, one is labelled as Assertion (A) and other one labelled as Reason (R).

Assertion (A) : Human resource policy concern the fair and equal treatment for all employees.
Reason (R) : Human resource department ignore the biases and personal differences

In light of the above statements, choose the most appropriate answer from the options given below

Agricultural Marketing Structures: Marketable/Marketed Surplus, Price Spreads, Marketing Margins & Channels Assertion & Reason +4 / −1
56
Match List - I with List - II :

Choose the correct answer from the options given below :

Agricultural Marketing Structures: Marketable/Marketed Surplus, Price Spreads, Marketing Margins & Channels Match the Following +4 / −1
57
The phenomenon of magnification of demand variability, as we move from the customer to the producer in the supply-chain is referred to as the
Agricultural Marketing Structures: Marketable/Marketed Surplus, Price Spreads, Marketing Margins & Channels MCQ (Single Correct) +4 / −1
58
In operation management a date/time specified by management beyond which no changes in the master schedule are allowed and is the process of subtracting an item’s lead time from its due date to determine when an order should be released
Discounted Cash Flow Techniques (NPV, BCR, IRR, Net Benefit-Investment Ratio) & Network Scheduling (PERT/CPM) MCQ (Single Correct) +4 / −1
59
An ABC country chip manufacturer is intentionally selling its chips in the PQR company's market for less than the cost of production. It is doing this to undermine the PQR competition and to take control of the PQR chip market. Such a company would be correctly accused of pricing
International Trade Theories (Ricardian, Heckscher-Ohlin), WTO Agreements, Balance of Payments & Exchange Rates MCQ (Single Correct) +4 / −1
60

Arrange in the correct order the steps of Innovation Adoption Model in context of adoption of new product.

(A) . Evaluation
(B) . Awareness
(C) . Purchase
(D) . Trial (©). Interest

Choose the correct answer from the options given below:

Theories of Economic Growth (Rostow, Lewis, Fei-Ranis) & Agricultural Development Models Chronological +4 / −1
61
Farmers’ income comprises from

which of the following sources?

Farm Management Principles: Factor-Product, Factor-Factor, Product-Product & Cost Concepts (A1, A2, B, C) MCQ (Single Correct) +4 / −1
62
When the Total product is maximum,

which of the following is correct?

Production Functions (Cobb-Douglas, CES, Translog), Elasticity of Substitution & Returns to Scale MCQ (Single Correct) +4 / −1
63
To check the multicollinearity in regression analysis

which of the following test is used?

Econometric Diagnostic Testing: Multicollinearity, Heteroscedasticity, Autocorrelation, Dummy Variables & Simultaneous Equations MCQ (Single Correct) +4 / −1
64
When no previous information or work is available on the topic you want to conduct research, what kind of research design will you follow?
Classical Linear Regression Model (OLS Assumptions, Gauss-Markov Theorem, BLUE Estimators) & Goodness of Fit MCQ (Single Correct) +4 / −1
65
The leader-dominated approach is aimed at developing
Agricultural Policy in India, Food/Nutrition Security (NFSM), Poverty Alleviation & Five Year Plans MCQ (Single Correct) +4 / −1
66
Match List - I with List - II :

Choose the correct answer from the options given below :

Theories of Economic Growth (Rostow, Lewis, Fei-Ranis) & Agricultural Development Models Match the Following +4 / −1
67
Match List - I with List - II :

Choose the correct answer from the options given below :

Econometric Diagnostic Testing: Multicollinearity, Heteroscedasticity, Autocorrelation, Dummy Variables & Simultaneous Equations Match the Following +4 / −1
68

Arrange these policies in chronological order according to its announcement

(A) . Grow More Food Campaign
(B) . Minimum Support Price
(C) . NABARD Act
(D) . Regional Rural Banks Act

Choose the correct answer from the options given below:

Agricultural Policy in India, Food/Nutrition Security (NFSM), Poverty Alleviation & Five Year Plans Chronological +4 / −1
69

Arrange the following theories in chronological order according to its announcement

(A) . Sweezy’s Kinked Demand Curve
(B) . Neumann and Morgenstern’s Game Theory
(C) . Chamberlin's Monopolistic Competition
(D) . Cournot's Duopoly Model

Choose the correct answer from the options given below:

Theories of Economic Growth (Rostow, Lewis, Fei-Ranis) & Agricultural Development Models Chronological +4 / −1
70

Given below are two statements, one is labelled as Assertion (A) and other one labelled as Reason (R).

Assertion (A) : Farmer Producers Organizations (FPOs) have a critical role to play in enhancing Farmers’ income
Reason (R) : FPOs make member farmers achieve economies of scale, develop forward and backward linkages and improve the bargaining power of small and marginal farmers

In light of the above statements, choose the correct answer from the options given below.

Microeconomics: Consumer Choice, Indifference Curves, Elasticities, Production Costs & Market Structures Assertion & Reason +4 / −1
71

Which of the following is irrational zone of production?

Production Functions (Cobb-Douglas, CES, Translog), Elasticity of Substitution & Returns to Scale MCQ (Single Correct) +4 / −1
72

Analyse the statements below

Statement (I) : In long run production function some inputs are fixed and some are variable
Statement (II) : In short run production function all inputs are variable

In light of the above statements, choose the most appropriate answer from the options given below.

Production Functions (Cobb-Douglas, CES, Translog), Elasticity of Substitution & Returns to Scale Statement Based +4 / −1
73

Which of the following is explicit cost?

Microeconomics: Consumer Choice, Indifference Curves, Elasticities, Production Costs & Market Structures MCQ (Single Correct) +4 / −1
74
The word ‘marginal’ in utility analysis means
Microeconomics: Consumer Choice, Indifference Curves, Elasticities, Production Costs & Market Structures MCQ (Single Correct) +4 / −1
75
‘As you move down an indifference curve, you will see that
Microeconomics: Consumer Choice, Indifference Curves, Elasticities, Production Costs & Market Structures MCQ (Single Correct) +4 / −1
76
In

which of the following case the price elasticity of demand will be relatively less elastic?

Microeconomics: Consumer Choice, Indifference Curves, Elasticities, Production Costs & Market Structures MCQ (Single Correct) +4 / −1
77
In the law of variable proportions, the point of inflexion is,
Macroeconomics: National Income Accounting, Classical/Keynesian Models, IS-LM Framework & Inflation Dynamics MCQ (Single Correct) +4 / −1
78
Welfare economics is concerned with the evaluation of alternative economic situations from the point of view of the society
Macroeconomics: National Income Accounting, Classical/Keynesian Models, IS-LM Framework & Inflation Dynamics MCQ (Single Correct) +4 / −1
79
When did the Government started Kisan Credit Card Scheme?
Theories of Economic Growth (Rostow, Lewis, Fei-Ranis) & Agricultural Development Models MCQ (Single Correct) +4 / −1
80
In the late nineties, from

which of the following international institutions India received credit during the time of financial
crisis?

Theories of Economic Growth (Rostow, Lewis, Fei-Ranis) & Agricultural Development Models MCQ (Single Correct) +4 / −1
81
Vertical equity in taxation means that
International Trade Theories (Ricardian, Heckscher-Ohlin), WTO Agreements, Balance of Payments & Exchange Rates MCQ (Single Correct) +4 / −1
82
In the balance of payment account, the transfer payments are included in which one of the following?
International Trade Theories (Ricardian, Heckscher-Ohlin), WTO Agreements, Balance of Payments & Exchange Rates MCQ (Single Correct) +4 / −1
83
The whole burden of tax will be borne by the consumer if,
Farm Management Principles: Factor-Product, Factor-Factor, Product-Product & Cost Concepts (A1, A2, B, C) MCQ (Single Correct) +4 / −1
84
The banking institution which combines the features of both commercial and cooperative banks is
Farm Management Principles: Factor-Product, Factor-Factor, Product-Product & Cost Concepts (A1, A2, B, C) MCQ (Single Correct) +4 / −1
85
LAMPS came into existence in the year
Farm Planning, Budgeting, Linear Programming (LP Optimization) & Risk Management in Farming Systems MCQ (Single Correct) +4 / −1
86
The incremental income due to loan investment can be worked out by using
Production Functions (Cobb-Douglas, CES, Translog), Elasticity of Substitution & Returns to Scale MCQ (Single Correct) +4 / −1
87

Which of the following is correct with reference to amortized decreasing repayment plan?

Production Functions (Cobb-Douglas, CES, Translog), Elasticity of Substitution & Returns to Scale MCQ (Single Correct) +4 / −1
88
Acid test ratio is also called
Technical, Allocative & Economic Efficiency (Data Envelopment Analysis DEA & Stochastic Frontier Production Functions) MCQ (Single Correct) +4 / −1
89

Given below are two statements, one is labelled as Assertion (A) and other one labelled as Reason (R).

Assertion (A) : Cobb Douglas type of production function will have an elasticity of substitution according to equation of exactly one
Reason (R) : The percentage change in the ratio of the use of inputs x, and x» is changed along a specific isoquant, there will be the exact same percentage change in the marginal rate of substitution

In light of the above statements, choose the correct answer from the options given below.

Rural Credit Architecture: Multi-Agency Approach, Commercial Banks, RRBs, NABARD, Priority Sector Lending & Microfinance Assertion & Reason +4 / −1
90

Which sequence is correct in terms of Ridge line, expantion path and scocline?

(A) . RTS, = - dx/dx; = c where j 4i
(B) . RTSj= - dxi/dxj =-pi/pj_ where j#i
(C) . RTS=- dx/dx;=0 where j4i

Choose the correct answer from the options given below:

Rural Credit Architecture: Multi-Agency Approach, Commercial Banks, RRBs, NABARD, Priority Sector Lending & Microfinance MCQ (Single Correct) +4 / −1
91
The isoquant corresponding to a distinct peak of production where the maximum output for a single combination of two inputs X; and Xz represented by a point on the isoquant map is called
Credit Appraisal (3Rs, 5Cs, 7Ps of Credit), Crop Insurance Schemes (PMFBY) & Agricultural Cooperative Movement MCQ (Single Correct) +4 / −1
92

Given below are two statements Properties of Constant Elasticity of Substitution Production Function

Statement (I) : When the elasticity substitution is less than unity the function does reach a finite maximum as one factor increases while other is held constant.
Statement (II) : The estimation of the elasticity of substitution parameter requires the assumption of perfect competition

In light of the above statements, choose the most appropriate answer from the options given below.

Credit Appraisal (3Rs, 5Cs, 7Ps of Credit), Crop Insurance Schemes (PMFBY) & Agricultural Cooperative Movement Statement Based +4 / −1
93
If the first derivative of the TPP function is zero, and the second derivative is positive, the production function is at its
Agricultural Marketing Structures: Marketable/Marketed Surplus, Price Spreads, Marketing Margins & Channels MCQ (Single Correct) +4 / −1
94

Given below are two statements, one is labelled as Assertion (A) and other one labelled as Reason (R).

Assertion (A) : The necessary condition is that the slope of the profit function must be equal to zero if the function is to be maximized
Reason (R) : The sufficient condition for the maximization of a profit function is that the slope of the function be equal to zero, and the second derivative of the profit function, be negative

In light of the above statements, choose the correct answer from the options given below.

Regulated Markets, e-NAM, Contract Farming, Agricultural Price Policy (CACP, MSP, FRP) & Commodity Futures Trading Assertion & Reason +4 / −1
95
In stage |, MPP is greater than APP and Ep is greater than 1. As a result
Regulated Markets, e-NAM, Contract Farming, Agricultural Price Policy (CACP, MSP, FRP) & Commodity Futures Trading MCQ (Single Correct) +4 / −1
96
The principle of substitution is used to find out the least cost combination of resources needed to produce a given output.
Regulated Markets, e-NAM, Contract Farming, Agricultural Price Policy (CACP, MSP, FRP) & Commodity Futures Trading MCQ (Single Correct) +4 / −1
97

In Ordinary partnership of farm business

(A) .All members contribute equal capital and take active part in the organisation and management of the business
(B) .All the partners have unequal powers, unlimited liabilities and profits are shared equally.
(C) .Someone who contribute capital but takes no active part in the organisation and management of the business
(D) All the partners have equal powers, limited liabilities and profits are shared equally

Choose the correct answer from the options given below:

Discounted Cash Flow Techniques (NPV, BCR, IRR, Net Benefit-Investment Ratio) & Network Scheduling (PERT/CPM) MCQ (Single Correct) +4 / −1
98
Will an increase in the price of the firm's input ?
Discounted Cash Flow Techniques (NPV, BCR, IRR, Net Benefit-Investment Ratio) & Network Scheduling (PERT/CPM) MCQ (Single Correct) +4 / −1
99

The law of returns to a factor explains such a production function

(A) . short-run production function assumes technology to remain constant and labour is variable
(B) . Ifa +8 > 1, then the production function exhibits increasing returns to scale
(C) . Marginal rate of technical substitution of L for K is given by Bk/aL
(D) . The marginal product of capital is given by BO/K

Choose the correct answer from the options given below:

Discounted Cash Flow Techniques (NPV, BCR, IRR, Net Benefit-Investment Ratio) & Network Scheduling (PERT/CPM) MCQ (Single Correct) +4 / −1
100

Given below are two statements, one is labelled as Assertion (A) and other one labelled as Reason (R).

Assertion (A) : A decrease in product price would result in decrease of marginal revenue for each level of output
Reason (R) : The optimum output level would increase , if output price decreases

In light of the above statements, choose the correct answer from the options given below.

Discounted Cash Flow Techniques (NPV, BCR, IRR, Net Benefit-Investment Ratio) & Network Scheduling (PERT/CPM) Assertion & Reason +4 / −1
101
Hedging is a strategy to take care of
Classical Linear Regression Model (OLS Assumptions, Gauss-Markov Theorem, BLUE Estimators) & Goodness of Fit MCQ (Single Correct) +4 / −1
102
Which is not involved in the field of agricultural marketing?
Classical Linear Regression Model (OLS Assumptions, Gauss-Markov Theorem, BLUE Estimators) & Goodness of Fit MCQ (Single Correct) +4 / −1
103
The rejection probability of Null Hypothesis when it is true is called as?
Econometric Diagnostic Testing: Multicollinearity, Heteroscedasticity, Autocorrelation, Dummy Variables & Simultaneous Equations MCQ (Single Correct) +4 / −1
104
Which test is not used for the presence of Heteroscedasticity?
Econometric Diagnostic Testing: Multicollinearity, Heteroscedasticity, Autocorrelation, Dummy Variables & Simultaneous Equations MCQ (Single Correct) +4 / −1
105
Consider a hypothesis Ho where $o = 5 against H; where $; <5. The test is?
Econometric Diagnostic Testing: Multicollinearity, Heteroscedasticity, Autocorrelation, Dummy Variables & Simultaneous Equations MCQ (Single Correct) +4 / −1
106
The maximum time that would be required to accomplish an activity, according to the time estimates generated by PERT planners, is referred to as
Microeconomics: Consumer Choice, Indifference Curves, Elasticities, Production Costs & Market Structures MCQ (Single Correct) +4 / −1
107
This P is not a part of the 7Ps of marketing mix?
Microeconomics: Consumer Choice, Indifference Curves, Elasticities, Production Costs & Market Structures MCQ (Single Correct) +4 / −1
108
A situation of non-consistency of the variances of Y populations (or Ui) is termed as,
Macroeconomics: National Income Accounting, Classical/Keynesian Models, IS-LM Framework & Inflation Dynamics MCQ (Single Correct) +4 / −1
109
Which is not the aspect / element of project preparation and analysis ?
Theories of Economic Growth (Rostow, Lewis, Fei-Ranis) & Agricultural Development Models MCQ (Single Correct) +4 / −1
110
Market conduct includes
Agricultural Policy in India, Food/Nutrition Security (NFSM), Poverty Alleviation & Five Year Plans MCQ (Single Correct) +4 / −1
111
Which is not about the assumptions of disturbance term?
International Trade Theories (Ricardian, Heckscher-Ohlin), WTO Agreements, Balance of Payments & Exchange Rates MCQ (Single Correct) +4 / −1
112
When large number of sellers deal in heterogeneous and differentiated form of commodity, the situation is called?
Public Finance: Taxation Principles, Public Expenditure, Fiscal Deficits & Centre-State Fiscal Relations MCQ (Single Correct) +4 / −1
113
Five evaluation criteria for any development project are
Farm Management Principles: Factor-Product, Factor-Factor, Product-Product & Cost Concepts (A1, A2, B, C) MCQ (Single Correct) +4 / −1
114
Which is not the characteristic/properties of Cobb-Douglas Production Function
Farm Planning, Budgeting, Linear Programming (LP Optimization) & Risk Management in Farming Systems MCQ (Single Correct) +4 / −1
115
What does "Gantt chart” represent in project management?
Production Functions (Cobb-Douglas, CES, Translog), Elasticity of Substitution & Returns to Scale MCQ (Single Correct) +4 / −1
116
Choose the right statement
Technical, Allocative & Economic Efficiency (Data Envelopment Analysis DEA & Stochastic Frontier Production Functions) MCQ (Single Correct) +4 / −1
117
Technological spill-over of agricultural development projects fall under
Rural Credit Architecture: Multi-Agency Approach, Commercial Banks, RRBs, NABARD, Priority Sector Lending & Microfinance MCQ (Single Correct) +4 / −1
118
Ifrank correlation coefficient is high, it indicates the presence of
Credit Appraisal (3Rs, 5Cs, 7Ps of Credit), Crop Insurance Schemes (PMFBY) & Agricultural Cooperative Movement MCQ (Single Correct) +4 / −1
119
Commodity price and marketed surplus would have negative relationship in case of
Microeconomics: Consumer Choice, Indifference Curves, Elasticities, Production Costs & Market Structures MCQ (Single Correct) +4 / −1
120
‘Among the following options, which one is not the objective of the WTO?
Classical Linear Regression Model (OLS Assumptions, Gauss-Markov Theorem, BLUE Estimators) & Goodness of Fit MCQ (Single Correct) +4 / −1

Ready to Practice the Full Paper? क्या आप पूरे प्रश्न पत्र का अभ्यास करने के लिए तैयार हैं?

Practice all 120 questions with live evaluation, step-by-step solutions, and detailed explanations. सभी 120 प्रश्नों का लाइव मूल्यांकन, तुरंत फीडबैक और विस्तृत द्विभाषी समाधान के साथ अभ्यास करें।

Official PYQ Papers

Previous Year Papers of Agricultural Economics

Practice official shift-wise question papers with answer keys and detailed explanations on the actual exam pattern.

1
Total Available Previous Papers

Choose Exam

Exam Directory

Browse official Previous papers and mock tests

10 Major Agriculture Exams Available