What is the process of improving the quality of all human lives, including sustenance, self-esteem and freedom, called?
Correct answer A. Development
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Agriculture MCQs
Page 5 of Agriculture multiple-choice questions with answers. Tap an option to check yourself.
Page 5 of 135
What is a cooperative farm or other collectively organised production unit called?
Correct answer A. Commune
What are technologies that by design produce less waste and use resources more efficiently called?
Correct answer D. Efficient technology
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What kind of monetary authority issues domestic currency in exchange for foreign currency at a fixed rate?
Correct answer C. Currency board
What term describes problems caused to other individuals or society as a whole by one person’s unpopular consumption habits, such as drug addiction?
Correct answer B. Consumption diseconomies
What is a technological innovation called that raises output while using the same amount of capital input?
Correct answer B. Capital-saving technological progress
What is a method of production that uses a higher proportion of capital than other factors of production called?
Correct answer A. Capital-intensive technique
What is it called when the state decides what shall be produced and how factors of production shall be allocated among different uses?
Correct answer B. Centralised planning
What is an organisation of producers that agrees to limit output in order to raise prices and profits called?
Correct answer B. Cartel
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What are stocks of commodities held by countries or international bodies to smooth out price fluctuations called?
Correct answer A. Buffer stocks
Which theory states that all LDCs need, in order to take off into self-sustaining growth, a massive investment programme promoting rapid industrialisation and economic infrastructure?
Correct answer D. Big Push theory of development
What is the attainment of literacy, numeracy and elementary vocational skills called?
Correct answer D. Basic education
What is a closed economy that tries to be entirely self-reliant called?
Correct answer B. Autarchy
Which part of the economy covers agriculture, forestry, hunting and fishing?
Correct answer C. Agricultural sector
Which of these measures the real purchasing power of a community?
Correct answer A. All
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What term describes the people whose real income falls below an international poverty line?
Correct answer B. Absolute poor
Who proposed the idea of structurally transforming a primary subsistence economy to achieve economic development?
Correct answer D. Arthur Lewis
Who proposed the stages of growth model of economic development?
Correct answer D. Rostow
What is the number of children who die before their first birthday per 1,000 live births called?
Correct answer B. Infant mortality rate
Which is the most extreme example of physical resource endowment?
Correct answer A. Gulf oil states