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.
111. The export of goods (or goods and services) of a nation less its imports of goods (or goods and services)__________________?
A. Trade Balance
B. Trade deficit
C. Trade surplus
D. None
112. A payment of money or goods & services by a govt. to a household or firm for which the payer receives no good or service directly in return______________?
A. Tax
B. Tariff
C. Transfer payment
D. Subsidy
113. The percentage of labour force unemployment at any time__________________?
A. Unemployment rate
B. Inflation rate
C. Deflation rate
D. None
114. The value of a product sold by a firm less the value of the products purchased and used by the firm to produce the product____________________?
A. Value added
B. Value of money
C. Vertical range
D. None
115. An institution or mechanism which brings together buyers and sellers is called____________________?
A. Market
B. Resource Market
C. Product Market
D. None
116. A market in which products are sold by firms and bought by households is_________________?
A. Resource market
B. Product market
C. Consumer market
D. None
117. A minimum price which govt. allows seller to receive for a good or service____________________?
A. Ceiling Price
B. Floor Price
C. Supprot Price
D. All
118. A compensation device through which workers receive part of their pay in the form of share of their employer’s profit___________________?
A. Labour laws
B. Labour saving scheme
C. Profit sharing plan
D. Profit maximizing plan
119. An analytic approach in which we move from facts to theory, from a particular to general is called____________________?
A. Induction
B. Deduction
C. Generalization
D. Randomization
120. Meaningful statement about the economic behavior or the economy is called_______________________?
A. Economic principle
B. Economic theories
C. Both
D. None