This quiz works best with JavaScript enabled. Home > Marketing > Agriculture Strategies > Agricultural Marketing – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Agricultural Marketing Quiz 2 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Del Monte Philippines is one of the Pineapple's Leading company operating in A) Bukidnon. B) Lanao Del Norte. C) Misamis Occidental. D) Davao. Show Answer Correct Answer: A) Bukidnon. 2. 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. 3. 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) Regional rural bank. B) Commercial bank. C) Self help group. D) NABARD. Show Answer Correct Answer: A) Regional rural bank. 4. 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. 5. This refers to machinery, mechanical devices, including tractors and implements, used in farming to save labor A) Farm Tools. B) Farm Machineries. C) Farm Implements. D) Farm Tractors. Show Answer Correct Answer: B) Farm Machineries. 6. The following are CHARACTERISTICS OF A DEVELOPED MARKET except: A) No harmful products should be offered for sale in the market. B) Provide a wide variety of products to the consumers. C) Provide commodities which the consumers. D) Presence of pressure on the consumers to buy products from a particular trader or class of traders. Show Answer Correct Answer: D) Presence of pressure on the consumers to buy products from a particular trader or class of traders. 7. 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. 8. 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. 9. 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. 10. 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. 11. Human activity directed at satisfying needs and wants through exchange processes A) Marketing. B) Economics. C) Agriculture. D) Social science. Show Answer Correct Answer: A) Marketing. 12. Deals with the marketing of agricultural outcome products. A) Input marketing. B) Product marketing. C) Distribution. D) None of above. Show Answer Correct Answer: B) Product marketing. 13. A good agricultural market infrastructure includes A) Unregulated market. B) Warehousing facilities. C) Non-institutional finance. D) Constructions of buildings. Show Answer Correct Answer: B) Warehousing facilities. 14. This is known as the THE CONSUMER ACT OF THE PHILIPPINES A) Republic Act No. 7394. B) Republic Act No. 7349. C) Republic Act No. 7493. D) Republic Act No. 7934. Show Answer Correct Answer: A) Republic Act No. 7394. 15. All of these are BUSINESSES THAT AFFECTS AN AGRICULTURAL COMMODITY BETWEEN PRODUCTION AND CONSUMER except: A) Nestle producing yogurt and milk in tetra packs. B) Manufacturing company producing pesticides. C) Manufacturing Firms producing processed corned beef. D) Manufacturing firms producing aerosols. Show Answer Correct Answer: D) Manufacturing firms producing aerosols. 16. Which of the following types of research is also known as opinion research? A) Qualitative research. B) Attitude research. C) Media research. D) Product research. Show Answer Correct Answer: B) Attitude research. 17. Financial agents and processing agents are involved in secondary market in addition to primary market functionaries. A) Primary. B) Secondary. C) Tertiary. D) None of above. Show Answer Correct Answer: B) Secondary. 18. All of these is included in the THREE PART SYSTEM OF AGRICULTURAL MARKETING except: A) AGRICULTURAL INPUT SECTOR. B) PROCESSING MANUFACTURING SECTOR. C) PLANNING AND MARKETING SECTOR. D) PRODUCTION SECTOR. Show Answer Correct Answer: C) PLANNING AND MARKETING SECTOR. 19. The process of segregating the huge amount produce into different categories on the basis of variety, quality, size, etc. This can help to establish standards for those produce. A) Concentgration. B) Packaging. C) Grading. D) Warehousing. Show Answer Correct Answer: C) Grading. 20. Which of the following is considered a promotional pricing strategy? A) Odd-even pricing. B) Multiple-unit pricing. C) Prestige pricing. D) Special event pricing. Show Answer Correct Answer: D) Special event pricing. ← PreviousNext →Related QuizzesMarketing QuizzesAgricultural Marketing Quiz 1Agricultural Marketing Quiz 3Agricultural Marketing Quiz 4 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books