This quiz works best with JavaScript enabled. Home > Marketing > Agriculture Strategies > Agricultural Marketing – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Agricultural Marketing Quiz 1 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following is illegal in some states? A) Everyday low prices (EDLP). B) Loss-leader pricing. C) Special event pricing. 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) Different. B) Slightly different. C) Identical. D) Slightly identical. Show Answer Correct Answer: C) 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) One buyer. B) One seller. C) Two buyers. D) Two sellers. Show Answer Correct Answer: C) Two buyers. 5. Which of the following is an example of processed meats? A) Tonyo's sisig. B) Youngpork's Tocino. C) Lucban Longganisa. D) Theobroma Meat Extract from Cebu. Show Answer Correct Answer: D) Theobroma Meat Extract from Cebu. 6. In the broadest sense, means activities aimed at the use of natural resources for human welfare A) Management. B) Marketing. C) Agriculture. D) Economics. Show Answer Correct Answer: C) Agriculture. 7. Which type of discount is used to encourage early payment? A) Quantity discount. B) Season discount. C) Cash discount. D) Early discount. Show Answer Correct Answer: C) 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) Place utility. B) Form utility. C) Time utility. D) Possession utility. Show Answer Correct Answer: C) Time utility. 13. A full form of APMC is A) Agriculture Product Material Committee. B) Agriculture Product market Commission. C) Agricultural Produce Market competition. D) Agricultural Produce Market Committee. Show Answer Correct Answer: D) Agricultural Produce Market Committee. 14. Which of the following refers to a gradual increase in price due to economic factors and purchasing power? A) Inflation. B) Deflation. C) Shortage. D) Surplus. Show Answer Correct Answer: A) Inflation. 15. The storage function adds ..... to the products by making them available at the time when they are needed. A) Place utility. B) Form utility. C) Time utility. D) Posession utility. Show Answer Correct Answer: C) Time utility. 16. Central government organisation, who are involved in agricultural marketing A) IARI. B) NBPGR. C) FCI. D) IGBI. Show Answer Correct Answer: C) FCI. 17. Marketing of fertilizer, pesticides and others. A) Input marketing. B) Product marketing. C) Agricultural marketing. D) Agricultural supply dealership. 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) Farming. B) Gardening. C) Agricultural marketing. D) Processing. Show Answer Correct Answer: C) 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. Next →Related QuizzesMarketing QuizzesAgricultural Marketing Quiz 2Agricultural Marketing Quiz 3Agricultural Marketing Quiz 4 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books