What is an agreement among sellers of a commodity to fix a common price or share the market called?
Correct answer B. Collusion
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Agriculture MCQs
Page 126 of Agriculture multiple-choice questions with answers. Tap an option to check yourself.
Page 126 of 135
Since when has England been importing cotton?
Correct answer C. 1430 AD
In economics, the Latin phrase ‘ceteris paribus’ means what?
Correct answer A. All other things being equal
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Gossypium barbadense arose from a cross between which two species?
Correct answer B. G. herbaceum and G. raimondii
Where did Gossypium barbadense originate?
Correct answer C. Central and South America
What is the extra utility consumers gain above the price they pay, arising from the downward-sloping demand curve, called?
Correct answer A. Consumer surplus
To which genus does cotton belong?
Correct answer C. Gossypium
What ratio shows the units of capital needed to produce one unit of output over a given period?
Correct answer D. Capital output ratio
What is the ploidy level of Gossypium hirsutum?
Correct answer C. Tetraploid
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What is it called when a local citizen or business transfers funds to a foreign country?
Correct answer C. Capital flight
To which family does the cotton plant belong?
Correct answer D. Malvaceae
Which major financial institution issues currency, manages foreign reserves, carries out monetary policy and provides banking services to the government and commercial banks?
Correct answer C. Central Bank
Which of these is a major fibre crop of Pakistan?
Correct answer B. Cotton
What is increasing a country’s stock of real capital, through net investment in fixed assets, called?
Correct answer C. Capital accumulation
Organic farming is a cropping system in which what happens?
Correct answer D. Fertilisers and pesticides are not used
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What is the emigration of highly skilled professionals and technical workers from developing to developed countries called?
Correct answer C. Brain drain
When is a nutrient element considered essential for plants?
Correct answer D. All the above
Which term did the ILO use for the basic goods and services needed for a minimum standard of living?
Correct answer C. Basic needs
What is the vegetation found on high mountains called?
Correct answer B. Alpine vegetation
What is a summary statement of a nation’s financial transactions with the rest of the world called?
Correct answer A. Balance of payments