This quiz works best with JavaScript enabled. Home > Agriculture > Marketing > Agriculture Strategies > Agricultural Marketing – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Agricultural Marketing Quiz 1 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following is illegal in some states? A) Special event pricing. B) Loss-leader pricing. C) Everyday low prices (EDLP). D) Geographical pricing. Show Answer Correct Answer: B) Loss-leader pricing. 2. Perfect competition is a market in which Buyers and sellers sell ..... products A) Slightly different. B) Identical. C) Slightly identical. D) Different. Show Answer Correct Answer: B) Identical. 3. There are three marketing functions involved in this, i.e., assembling, preparation for consumption and ..... A) Distribution. B) Trading. C) Customer. D) Demand. Show Answer Correct Answer: A) Distribution. 4. In duopsony market there will be? A) Two buyers. B) One seller. C) Two sellers. D) One buyer. Show Answer Correct Answer: A) Two buyers. 5. Which of the following is an example of processed meats? A) Tonyo's sisig. B) Theobroma Meat Extract from Cebu. C) Youngpork's Tocino. D) Lucban Longganisa. Show Answer Correct Answer: B) Theobroma Meat Extract from Cebu. 6. In the broadest sense, means activities aimed at the use of natural resources for human welfare A) Agriculture. B) Economics. C) Marketing. D) Management. Show Answer Correct Answer: A) Agriculture. 7. Which type of discount is used to encourage early payment? A) Cash discount. B) Early discount. C) Quantity discount. D) Season discount. Show Answer Correct Answer: A) Cash discount. 8. The following are types of Agricultural Inputs EXCEPT; A) Seeds. B) Fertilizers. C) Agro Chemicals. D) Commodities. Show Answer Correct Answer: D) Commodities. 9. All of the following are Characteristics of Agricultural Products and Production EXCEPT: A) Perishability of products. B) Seasonality of Production. C) Bulkiness of Products. D) Regular supply of Agricultural Products. Show Answer Correct Answer: D) Regular supply of Agricultural Products. 10. Which of the following is not a defect of Indian agricultural market A) Lack of standard measures and weight. B) Inadequate transport facility. C) Insufficient price incentives by government. D) Agricultural produce not graded properly. Show Answer Correct Answer: A) Lack of standard measures and weight. 11. The problems faced in rural banking are A) Insufficient rural credit. B) Growing overdues. C) Inadequate amount of sanction. D) All of these. Show Answer Correct Answer: D) All of these. 12. Storing milk creates? A) Possession utility. B) Place utility. C) Form utility. D) Time utility. Show Answer Correct Answer: D) Time utility. 13. A full form of APMC is A) Agriculture Product Material Committee. B) Agricultural Produce Market Committee. C) Agricultural Produce Market competition. D) Agriculture Product market Commission. Show Answer Correct Answer: B) Agricultural Produce Market Committee. 14. Which of the following refers to a gradual increase in price due to economic factors and purchasing power? A) Shortage. B) Surplus. C) Inflation. D) Deflation. Show Answer Correct Answer: C) Inflation. 15. The storage function adds ..... to the products by making them available at the time when they are needed. A) Posession utility. B) Form utility. C) Time utility. D) Place utility. Show Answer Correct Answer: C) Time utility. 16. Central government organisation, who are involved in agricultural marketing A) NBPGR. B) IARI. C) IGBI. D) FCI. Show Answer Correct Answer: D) FCI. 17. Marketing of fertilizer, pesticides and others. A) Input marketing. B) Agricultural supply dealership. C) Agricultural marketing. D) Product marketing. Show Answer Correct Answer: A) Input marketing. 18. Includes all the activities associated with agricultural production and with food, feed, and fiber assembly, processing, and distribution to final consumers, including analyses of consumer's needs, motivations, and purchasing and consumption behavior. A) Processing. B) Agricultural marketing. C) Gardening. D) Farming. Show Answer Correct Answer: B) Agricultural marketing. 19. Which of the following is considered Drivers of Growth of Agricultural Marketing in the Philippines? A) Rural Planning. B) Extension Work and Immersion. C) Technological Change in Agriculture. D) Planning and Analysis. Show Answer Correct Answer: C) Technological Change in Agriculture. 20. The word market originated from the latin word A) Agora. B) Maractus. C) Mercado. D) None. Show Answer Correct Answer: B) Maractus. 21. Del Monte Philippines is one of the Pineapple's Leading company operating in A) Misamis Occidental. B) Davao. C) Bukidnon. D) Lanao Del Norte. Show Answer Correct Answer: C) Bukidnon. 22. Short term credit is needed for A) Period of 15 months. B) Period of 1 year. C) Period of 15 years. D) Period of 20 years. Show Answer Correct Answer: A) Period of 15 months. 23. The institutional aource of credit whose area of operation is the one where banking facilities and cooperatives are absent and which operate at the district level is: A) Commercial bank. B) NABARD. C) Regional rural bank. D) Self help group. Show Answer Correct Answer: C) Regional rural bank. 24. Diversification in agriculture activities means finding alternate employment in A) Non farm. B) Urban. C) Rural. D) None of these. Show Answer Correct Answer: A) Non farm. 25. This refers to machinery, mechanical devices, including tractors and implements, used in farming to save labor A) Farm Tractors. B) Farm Machineries. C) Farm Implements. D) Farm Tools. Show Answer Correct Answer: B) Farm Machineries. 26. The following are CHARACTERISTICS OF A DEVELOPED MARKET except: A) Provide a wide variety of products to the consumers. B) Presence of pressure on the consumers to buy products from a particular trader or class of traders. C) Provide commodities which the consumers. D) No harmful products should be offered for sale in the market. Show Answer Correct Answer: B) Presence of pressure on the consumers to buy products from a particular trader or class of traders. 27. Why is minimum support price fixed by the government A) For government own benefit. B) To safeguard the interest of farmers. C) To safeguard the interest of consumers. D) None of these. Show Answer Correct Answer: B) To safeguard the interest of farmers. 28. Knowledge of marketable surplus helps the A) Farming population. B) Non farm population. C) Both a and b. D) Neither a nor b. Show Answer Correct Answer: B) Non farm population. 29. All the following have positive relationship with marketable surplus except A) Size of family. B) Size of holding. C) Quality of production. D) Size of a and b. Show Answer Correct Answer: A) Size of family. 30. The scheme of Micro Finance is extended through A) SHGs. B) Land development Banks. C) NABARD. D) Regional Rural Banks. Show Answer Correct Answer: A) SHGs. Next →Related QuizzesMarketing QuizzesAgriculture QuizzesAgricultural Marketing Quiz 2Agricultural Marketing Quiz 3 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books