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Question Bank NSCL Trainee (Agriculture) Exam - English
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Agriculture

Question 1Single Answer
What is the difference between stock and supply
  1. A
    Stock is a flow concept whereas supply is no
  2. B
    Supply is a flow concept and stock is not a flow.com
  3. C
    Both supply and stock are flow concepts
  4. D
    None of the above
Question 2Single Answer
What is the shape of supply curve
  1. A
    Convex to x axis or upward sloping
  2. B
    Downward sloping
  3. C
    Concave
  4. D
    Can be any of the
Question 3Single Answer
What is the relation between individual and market supply curve
  1. A
    Market supply curve is the horizontal summation of individual supply curve
  2. B
    Market demand curve is the vertical summation of individual supply curve
  3. C
    Individual supply curve is the horizontal summation of market demand curve
  4. D
    Individual supply curve is the vertical summation of market demand curve
Question 4Single Answer
Contraction and extension of supply means
  1. A
    Increase in supply due to increased price and decrease in supply due
    decreased price
  2. B
    Decrease in supply due to increased price increase in supply due to decreased
    price
  3. C
    Both a and b
  4. D
    None of the above
Question 5Single Answer
More supply at same price and same supply at lower price means
  1. A
    Increased supply
  2. B
    Decreased supply
  3. C
    Constant supply
  4. D
    None of the above
Question 6Single Answer
Decrease in supply means
  1. A
    Less supply at same price and same supply at higher price
  2. B
    Higher supply at same price and same supply at decreased price
  3. C
    Both a and b
  4. D
    None of the above
Question 7Single Answer
Elasticity of supply is given by
  1. A
    % A quantity supplied / %A in demand
  2. B
    % A quantity demanded / % A in supply
  3. C
    % 4 in supply / % 4 in price
  4. D
    None of the above
Question 8Single Answer
Pick the incorrect one out in terms of (es= elasticity of supply)
A) Perfectly inelastic      - es = 0
B) Perfectly elastic         - es = 0
C) Inelastic                     - es <1
D) Elastic                        - es = 1
E) Unitary elastic            - es = 1
  1. A
    Only A
  2. B
    Only B
  3. C
    Only C
  4. D
    None of the above
Question 9Single Answer
Market is in equilibrium when
 
  1. A
    Quantity demanded = quantity supplied
  2. B
    Quantity demanded > quantity supplied
  3. C
    Quantity demanded < quantity supplied
  4. D
    All of the above
Question 10Single Answer
Which one of the following is not correctly matched
  1. A
    Surplus when quantity supplied > quantity demanded
  2. B
    Deficit when quantity supplied < quantity demanded
  3. C
    Elastic supply curve has elasticity > 1
  4. D
    None of the above
Question 11Single Answer
Supply curve shift towards right side if
  1. A
    Prices are expected to increase in future
  2. B
    Prices are expected to decrease in future
  3. C
    Prices of relative products decrease
  4. D
    All of the above
Question 12Single Answer
Reduction in input prices leads to
  1. A
    Increase in supply
  2. B
    Decrease in supply
  3. C
    Constant supply
  4. D
    Can be any of the above
Question 13Single Answer
Shift in supply curve can also be written as
  1. A
    Increase or decrease in supply
  2. B
    Extension or contraction of supply
  3. C
    Increase or decrease in supply due to factors other
  4. D
    Both a and c
Question 14Single Answer
Cardinal utility analysis was given by
  1. A
    Alfred Marshall
  2. B
    Adam Smith
  3. C
    Lionel Robbins
  4. D
    None of the above
Question 15Single Answer
Cardinal utility analysis comprises of
  1. A
    Law of diminishing marginal utility or law of life
  2. B
    Law of equi marginal utility
  3. C
    Indifference curve approach
  4. D
    Both a and b
Question 16Single Answer
Law of life states
  1. A
    Marginal utility of a product decreases when the consumer has more and more of it
  2. B
    Each successive unit of a commodity brings in lesser and lesser utility
  3. C
    Both a and b
  4. D
    None of the above
Question 17Single Answer
Which among the following are the assumptions of law of life
  1. A
    Cardinal measurability of utility meaning utility can be quantified an
    Introspective method
  2. B
    Utilities are independent and marginal utility of money is constant
  3. C
    Both a and b
  4. D
    None of the above
Question 18Single Answer
Total utility is
  1. A
    Sum of marginal utilities
  2. B
    Maximum when marginal utility is zero
  3. C
    Summation of satisfaction gained from consuming various units
  4. D
    All of the above
Question 19Single Answer
Marginal utility and price is
  1. A
    Directly related
  2. B
    Inversely related
  3. C
    Unrelated
  4. D
    Both a and b
Question 20Single Answer
Area under marginal utility curve represents
  1. A
    Total utility
  2. B
    Total disutility
  3. C
    Average utility
  4. D
    None of the above
Question 21Single Answer
Condition for equilibrium under diminishing marginal utility
  1. A
    Total utility maximum and marginal utility is zero
  2. B
    Total utility zero and marginal utility maximum
  3. C
    Both total and marginal utility is maximum
  4. D
    Both total and marginal utility zero
Question 22Single Answer
Law of equi marginal utility is also called as
  1. A
    Principle of proportion and law of maximum satisfaction
  2. B
    Law of opportunity cost and law of substitution and Gossen's second law
  3. C
    Both a and b
  4. D
    None of the above
Question 23Single Answer
Which among the following is not correctly matched
A) Limited resource                         -law of equi marginal utility
B) Unlimited or given resource        -law of diminishing marginal utility
C) Utility                                          - measured in terms of degrees
D) Utility                                           -measured in terms of utils
  1. A
    Both A and C
  2. B
    Both B and D
  3. C
    Only C
  4. D
    Only D
Question 24Single Answer
Equilibrium under many commodities and same price for law of equi marginal utility is given by
  1. A
    Marginal utility of last unit consumed is nearly equal to first
  2. B
    Marginal utility of last unit consumed is exactly equal to first
  3. C
    Marginal utility of last unit consumed is greater than first
  4. D
    None of the above
Question 25Single Answer
Equilibrium under two or more than two commodities under law of substitution is given by
  1. A
    MUx/Px= MUY/PY
  2. B
    MUX/Py= MUY/Px
  3. C
    MUX/Px= MUY.Py
  4. D
    MUX.Px= MUY/Py
Question 26Single Answer
Concept of consumer surplus was given by
  1. A
    Alfred Marshall
  2. B
    Adam Smith
  3. C
    Samuelson
  4. D
    Walker
Question 27Single Answer
Consumer surplus is defined as
  1. A
    Difference between price a consumer pays and th
  2. B
    Difference between the actual price and what the
  3. C
    Difference between the price a consumer is willing pays
  4. D
    None of the above
Question 28Single Answer
Consumer surplus is
  1. A
    Inversely proportional to price
  2. B
    Directly proportional to price
  3. C
    Not related to price
  4. D
    None of the above
Question 29Single Answer
Consumer surplus can be stated as
  1. A
    Marginal utility - market price (for a unit of commodity)
  2. B
    Total utility - total amount spent
  3. C
    Value in use - value in exchange
  4. D
    All of the above
Question 30Single Answer
J R Hicks and Allen gave
  1. A
    Indifference curve technique
  2. B
    Law of diminishing marginal utility
  3. C
    Law of equi marginal utility
  4. D
    All of the above
Question 31Single Answer
First Forest Policy in Independent India was enacted in
  1. A
    1952
  2. B
    1954
  3. C
    1955
  4. D
    1960
Question 32Single Answer
Kashmir state is placed in which schedule?
  1. A
    Schedule I
  2. B
    Schedule II
  3. C
    Schedule III
  4. D
    Schedule IV
Question 33Single Answer
Project elephant came into existence in the year
  1. A
    1990
  2. B
    1992
  3. C
    1994
  4. D
    1996
Question 34Single Answer
The Project Tiger was initiated in the year:
  1. A
    1971
  2. B
    1972
  3. C
    1973
  4. D
    1974
Question 35Single Answer
The Indian Board of Wildlife was constituted in the year:
  1. A
    1950
  2. B
    1952
  3. C
    1954
  4. D
    1956
Question 36Single Answer
In which amendment forest was included in Concurrent List?
  1. A
    40
  2. B
    41
  3. C
    42
  4. D
    43
Question 37Single Answer
Declaration of national park and wildlife sanctuary is under which act?
  1. A
    Indian Forest Act, 1927
  2. B
    Wildlife Protection Act, 1971
  3. C
    Forest Conservation Act, 1990
  4. D
    Environment Act, 2006
Question 38Single Answer
National Tiger conservation authority is defined under which chapter of Wildlife Protection Act?
  1. A
    IVA
  2. B
    IV B
  3. C
    IV C
  4. D
    IV D
Question 39Single Answer
Central zoo authority and recognition of zoos comes under which chapter of Wildlife Protection Act?
  1. A
    IV A
  2. B
    IV B
  3. C
    IV C
  4. D
    IV D
Question 40Single Answer
Wildlife Protection Act, 1972 has:
  1. A
    7 Chapters and 6 Schedules
  2. B
    8 Chapters and 7 Schedules
  3. C
    5 Chapters and 8 Schedules
  4. D
    8 Chapters and 4 Schedules
Question 41Single Answer
Indian Forest Act 1927 is divided into:
  1. A
    13 Chapters and 86 Sections
  2. B
    10 Chapters and 86 Sections
  3. C
    13 Chapters and 66 Sections
  4. D
    10 Chapters and 66 Sections
Question 42Single Answer
How much percentage forest area is owned by government?
  1. A
    95%
  2. B
    90%
  3. C
    85%
  4. D
    80%
Question 43Single Answer
Environment Protection Act was passed by Parliament in the year:
  1. A
    1980
  2. B
    1986
  3. C
    1990
  4. D
    1992
Question 44Single Answer
Biological Diversity Act was passed by Parliament in the year:
  1. A
    2000
  2. B
    2001
  3. C
    2002
  4. D
    2003
Question 45Single Answer
Second independent Indian's National Forest Policy was issued in the year:
  1. A
    1980
  2. B
    1988
  3. C
    1990
  4. D
    1991
Question 46Single Answer
World Forest Day is celebrated on:
  1. A
    5th June
  2. B
    21 March
  3. C
    22nd March
  4. D
    1 March
Question 47Single Answer
World Environment Day is celebrated on
  1. A
    5th June
  2. B
    21" March
  3. C
    22nd March
  4. D
    15 March
Question 48Single Answer
The main plank of the revised forest policy of 1988 is/are:
  1. A
    Protection of Forests
  2. B
    Conservation of Forests
  3. C
    Development of Forests
  4. D
    All of the above
Question 49Single Answer
The first National Forest Policy was enunciated in the year:
  1. A
    1988
  2. B
    1952
  3. C
    1891
  4. D
    1894
Question 50Single Answer
Tarai' soils are deficient in ?
  1. A
    P
  2. B
    N
  3. C
    Zn
  4. D
    S
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