All these Agriculture MCQs are specially framed to strengthen the conceptual understanding of different agriculture topics. Solved MCQs of agriculture with answers covers multiple concepts such as General Agriculture MCQs, Basic Agriculture MCQs, Nutrition MCQs, Veterinary MCQs, Agriculture of Pakistan, horticulture in Pakistan, Agricultural Economics,  Animal Husbandry,  Food Technology, Plant Breeding and Genetics,  Soil Science,  Plant Pathology,  Horticulture, Agronomy MCQs,  Entomology, Seed Science – and much more. All these topics are chosen from trusted and best reference books on agriculture. These agriculture MCQs with answers are also helpful for the preparation of various interviews, entrance examinations, other competitive examinations like nts, fpsc,ppsc, ots, kppsc, ztbl, etc. for all Experienced, Freshers and Students. Also, check MCQs on Statistics here.

101. 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

102. Legally established maximum price of a good or service__________________?

A. Ceiling price
B. Floor price
C. Max price
D. None

103. 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. None

104. An economic system in which property resources are privately owned and markets and prices are used to direct and coordinate economic activities________________?

A. Pure capitalism
B. Command Economy
C. Closed economy
D. Open economy

105. An involuntary payment of money to govt. by a household or firm for which the household or firm receives no good or services directly in return ?

A. Tariff
B. Tax
C. Tacit collusion
D. Subsidy

106. 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. None

107. 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

108. To charge different prices for the goods of the same standard is called___________________?

A. Prices discrimination
B. Prices differentiation
C. Oligopoly
D. Prices elasticity

109. 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

110. 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. None

 

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