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MEDIUM
ENGLISH
Agriculture
A group of firms which produces identical or similar products__________________?
A
Plant
Option A
B
Industry
Option B
C
Company
Option C
D
Organization
Option D
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MEDIUM
ENGLISH
Agriculture
A type of unemployment used by workers voluntarily changing jobs and by temporary layoffs; unemployment workers between jobs?
A
Underemployment
Option A
B
Frictional employment
Option B
C
Temporary unemployment
Option C
D
None of these
Option D
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MEDIUM
ENGLISH
Agriculture
Any resource whose quantity can not be changed by a firm in the short run_______________?
A
Fixed resource
Option A
B
Variable resource
Option B
C
Available resource
Option C
D
Economic resource
Option D
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MEDIUM
ENGLISH
Agriculture
The monitory income a firm sacrifices when it uses a resource it rosins rather than supplying the resource in the market ?
A
Implicit cost
Option A
B
Explicit cost
Option B
C
Economic cost
Option C
D
Nominal cost
Option D
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MEDIUM
ENGLISH
Agriculture
The rate of exchange of one nation’s currency for another nation’s currency?
A
Exchange rate appreciation
Option A
B
Exchange rate depreciation
Option B
C
Exchange rate determinant
Option C
D
None of these
Option D
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MEDIUM
ENGLISH
Agriculture
The role of power in economic decision making is studied in________________?
A
Development economics
Option A
B
Traditional economics
Option B
C
Political economics
Option C
D
None of these
Option D
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MEDIUM
ENGLISH
Agriculture
The core value of development is________________?
A
Sustenance
Option A
B
Self esteem
Option B
C
Freedom
Option C
D
All
Option D
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MEDIUM
ENGLISH
Agriculture
Nonproductive members of society are referred to as___________________?
A
Society wastes
Option A
B
Society burden
Option B
C
Economic dependency burden
Option C
D
None of these
Option D
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MEDIUM
ENGLISH
Agriculture
In least developed nations dependent children are__________________?
A
60 %
Option A
B
90 %
Option B
C
50 %
Option C
D
70 %
Option D
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MEDIUM
ENGLISH
Agriculture
Rural based population in developed countries___________________?
A
42 %
Option A
B
27 %
Option B
C
50 %
Option C
D
35 %
Option D
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MEDIUM
ENGLISH
Agriculture
Agriculture contribution in GNP of developing nations?
A
20 %
Option A
B
35 %
Option B
C
50 %
Option C
D
14 %
Option D
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MEDIUM
ENGLISH
Agriculture
Urban population is developed nations?
A
74 %
Option A
B
80 %
Option B
C
67 %
Option C
D
none
Option D
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MEDIUM
ENGLISH
Agriculture
In developed countries manufactured goods are about ________________% of total export?
A
60 %
Option A
B
90 %
Option B
C
57 %
Option C
D
82 %
Option D
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MEDIUM
ENGLISH
Agriculture
People who are eager and able to work but for whom no suitable jobs are available?
A
Unemployment
Option A
B
Open unemployment
Option B
C
Under employment
Option C
D
Disguised employment
Option D
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MEDIUM
ENGLISH
Agriculture
Rates of open unemployment in developing world average ?
A
20-40%
Option A
B
8-15%
Option B
C
35-45%
Option C
D
40-60%
Option D
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MEDIUM
ENGLISH
Agriculture
A country’s potential for economic growth is greatly influenced by its endowments of__________________?
A
Physical resources
Option A
B
Human resources
Option B
C
Both a and b
Option C
D
None of these
Option D
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MEDIUM
ENGLISH
Agriculture
Gradual pay off a loan principle ?
A
Autarchy
Option A
B
Hierarchically
Option B
C
Amortization
Option C
D
AID
Option D
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MEDIUM
ENGLISH
Agriculture
The emigration of highly skilled and educated professionals and technical man power from developing to developed countries?
A
Capital flight
Option A
B
Immigration
Option B
C
Brain Drain
Option C
D
All
Option D
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MEDIUM
ENGLISH
Agriculture
Transfer of funds to a foreign country by a local citizen by business ?
A
Dumping
Option A
B
Anti dumping
Option B
C
Capital flight
Option C
D
Brain
Option D
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MEDIUM
ENGLISH
Agriculture
Excess utility over price derived by the consumers because of negative sloping demand curve ?
A
Producer surplus
Option A
B
Consumer surplus
Option B
C
Marginal utility
Option C
D
Demand surplus
Option D
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