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Important Questions for "Agricultural Economics":

[1]

  1. Differentiate between Agricultural Economics and Industrial Economics.
  2. Highlight the scope of Agricultural Economics.
  3. What is the subject matter of Agricultural Economics?

[2]

  1. Define Agricultural Economics and describe its scope and importance.
  2. Classify the definitions of Economics.
  3. Explain the concept of Indifference Curve.

[3]

  1. Effect of price increase on consumer's surplus
  2. Products handled by long period markets
  3. Functions of Kaccha Arhtiya in market transactions

[4]

  1. Write the name of two nationalized commercial banks.
  2. Describe the Three-R Principle of Sound Credit.
  3. Explain the Principle of Equity or Increasing Risk.

[5]

  1. What do you understand by Agricultural Finance? Explain the importance of Agricultural Credit.
  2. Explain the advantages of Export.
  3. Write names of Five Farm Records.

[6]

  1. State the difference between Agricultural Economics and Industrial Economics.
  2. Give two examples of fixed cost.
  3. Explain principle of opportunity cost with the help of an example.

[7]

  1. Define Agricultural economics. Explain its role in economic development of India.
  2. Give names of two luxuries.
  3. Write short notes on the following: Functions of Money, Indirect Taxes.

[8]

  1. State differences between agricultural economics and industrial economics.
  2. Write one formula of Elasticity of Demand.
  3. State features of socialistic economy.

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