169/23

83.

84.

85.

86.

87.

88.

89.

Regulated markets are governed by

i. Market Committee

ii. Farmer Producer Organisations

iii. Department of Agriculture

iv. NABARD

A) Onlyi B) Only i, iiand iii C) Onlyiv D) Only iii and iv

Which one of the following is true regarding ardinal utility analysis ?
i. Utility is measurable and quantifiable.

ii. Utility is additive.

iii. Utility can be measured in units called utils.

iv. Many economists criticized cardinal utility analysis as unrealistic.

A) Only i andii B) Only i C) Only i, ii, iv D) All the above
have no place in representing wealth.
A) Free goods B) Economic goods
C) Both free and economic goods D) None of the above
are those costs which are incurred for purchasing of farm inputs.
A) Fixed cost B) Deflated cost C) Explicit cost D) Implicit cost
Which of the following statements are true ?

i. Marketable surplus of non food crops are greater than food crops.
ii. Marketable surplus of food crops are greater than non food crops.
iii. Marketed surplus is less than marketable surplus in case of large farmers.
iv. Estimation of marketable surplus helps in checking price fluctuations of
agricultural commodities.
A) iand iii only B) ii and iii only

C) i, iii and iv only D) ii, iii and iv only

Which of the following market conditions represents monopolistic competition ?
A) Asingle apple trader selling apples in a region

B) Seventy sellers selling different mango varieties in a market

C) Three sellers selling same variety of mangoes in a market

D) A single buyer for purchasing mangoes

Organic manure is an example of
A) Reservation demand B) Derived demand
C) Aggregate demand D) None of these

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