Agricultural Marketing Quiz 4 (14 MCQs)

Quiz Instructions

Select an option to see the correct answer instantly.

1. Full form of NAFED is

Correct Answer: C) National Agricultural Cooperative Marketing Federation of India Ltd.

2. From the following which is not a non-institutional source of credit in India.

Correct Answer: C) Commercial banks.

3. Factors that cannot be controlled (political and legal, economic, law and regulation, social & culture, technologies, & demographic).

Correct Answer: A) Environmental.

4. The transportation function adds ..... to products by shifting them to a place of need from the place of plenty. SHOW ANSWER

Correct Answer: A) Place utility.

5. All of the following are related to consumption EXCEPT:

Correct Answer: D) Inelastic demand for most products.

6. These countries are large importers of Philippine Dried Mangoes EXCEPT:

Correct Answer: C) United Kingdom.

7. The 'Golden Revolution' was a period of very high productivity in:

Correct Answer: B) Horticulture.

8. Converting groundnut into oil creates?

Correct Answer: B) Form utility.

9. Which of the following types of research is used infrequently due to cost and time?

Correct Answer: D) Experiments.

10. Which of the following is the imperfect market?

Correct Answer: C) Both a and b.

11. Market information reduces exploitation of

Correct Answer: C) Farmers.

12. Demand for agricultural commodities

Correct Answer: C) Less elastic.

13. Agricultural market faces the problem of

Correct Answer: A) Seasonal price fluctuation.

14. Marketable surplus will be less in the case of

Correct Answer: B) Sugarcane.