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.

251. The rate of exchange of one nation’s currency for another nation’s currency?

A. Exchange rate appreciation
B. Exchange rate depreciation
C. Exchange rate determinant
D. None of these

252. Recurring increase and decrease in the level of economic activity over periods of years?

A. Business cycle
B. Cyclic flow
C. Both
D. None

253. Excess of total revenue over total costs_______________?

A. Producer surplus
B. Scarcity rent
C. Both
D. None

254. The role of power in economic decision making is studied in________________?

A. Development economics
B. Traditional economics
C. Political economics
D. None of these

255. Noble prize of Economics in 1979 was awarded to________________?

A. W. Arthur Lewis
B. Theodore Schultz
C. Both a and b
D. None

256. A debit which monitory value, an amount awed by a firm or an individual___________________?

A. Lockout
B. Logrolling
C. Liability
D. None

257. A group of firms which produces identical or similar products__________________?

A. Plant
B. Industry
C. Company
D. Organization

258. A type of unemployment used by workers voluntarily changing jobs and by temporary layoffs; unemployment workers between jobs?

A. Underemployment
B. Frictional employment
C. Temporary unemployment
D. None of these

259. Any resource whose quantity can not be changed by a firm in the short run_______________?

A. Fixed resource
B. Variable resource
C. Available resource
D. Economic resource

260. The monitory income a firm sacrifices when it uses a resource it rosins rather than supplying the resource in the market ?

A. Implicit cost
B. Explicit cost
C. Economic cost
D. Nominal cost


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