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Agricultural Economics-Data Intensity 1 Multiple Questions and Answers.
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Agricultural Economics-Data Intensity 1
Exercise Questions ::
Agricultural Economics
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Agricultural Economics-Data Intensity 1
»
Agricultural Economics-Data Intensity 2
»
Agricultural Economics-Data Intensity 3
»
Agricultural Economics-Data Intensity 4
1.
“Economics is the study of causes of material welfare” was defined by___________________?
A.
Adam Smith
B.
Marshall
C.
Robins
D.
Marks
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Answer:
Option
B
Explanation:
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Tutorial Link:
Published by:Michael Daani
2.
Total money income received by the individual or recipients of income is called______?
A.
Gross income
B.
Net income
C.
Personal income
D.
None of above
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Answer:
Option
A
Explanation:
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Published by:Michael Daani
3.
All the goods and services produced in a country in a year plus other sources of income for example foreign exchange earnings, foreign aid, foreign remittance, loans etc are called ?
A.
GDP
B.
NNp
C.
NDP
D.
GNP
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Answer:
Option
D
Explanation:
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4.
Power of a good/ service to satisfy human desire/want is called______?
A.
Utility
B.
Worth
C.
The point of satiety
D.
All of above
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Answer:
Option
A
Explanation:
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5.
The sale of products below sale of production in a foreign country or below the prices charged at home is called ?
A.
Dumping
B.
Subsidy
C.
Inflation
D.
Monopoly
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Answer:
Option
A
Explanation:
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» Agricultural Economics-Data Intensity 1
» Agricultural Economics-Data Intensity 2
» Agricultural Economics-Data Intensity 3
» Agricultural Economics-Data Intensity 4
Date to Date Current Affairs 2022
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