Agriculture During Post Reform Period MCQ | 65 Free MCQs

21. Non- institutional credit very often leads to…………
a. Indebtedness
b. exploitation of borrowers
c. loss of land and poverty
d. all of these

22. Farmers require long-term credit for…………
a. Consumption expenditure
b. Purchase of land
c. agricultural labourers
d. all of these

23. RRBs were established to provide finance to……….
a. Small and marginal farmers
b. village artisans
c. agricultural labourers
d. all of the above

24. RRBs were established to provide credit to………..
a. Only non-agricultural activities
b. both agricultural and non-agricultural activities
c. only to agricultural activities
d. none of these

25. Agricultural market faces the problem of………….
a. Seasonal price fluctuation
b. low prices when crop fails
c. high prices when there is bumper crop
d. none of these

26. Demand for agricultural commodities………..
a. Very elastic
b. unit elastic
c. less elastic
d. none of these

27. AGMARK enables to ensure………….
a. Quality of product
b. better price
c. both a and
d. none of these

28. Market information reduces exploitation of…………
a. Farmers
b. traders
c. both a and
d. none of these

29. …………… markets render useful services both to the producers and consumers.
a. Regulated
b. unregulated
c. farmers
d. consumers

30. …………. reforms aim at establishing farmers market for direct sale to consumers.
a. Agricultural marketing
b. agricultural finance
c. agricultural pricing
d. none of these

Answer: 21)all of these 22)Purchase of land 23)all of the above 24)both agricultural and non-agricultural activities 25)Seasonal price fluctuation 26)less elastic 27)both a and b 28)Farmers 29)Regulated 30)Agricultural marketing

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