Operating Surplus arises in the - (1) Government Sector (2) Production for self consumption (3) Subsistence farming (4) Enterprise Sector

Operating Surplus arises in the - (1) Government Sector (2) Production for self consumption (3) Subsistence farming (4) Enterprise Sector
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(1) Government Sector
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Operating Surplus arises in the (1) Government Sector (2) Production for self-consumption (3) Subsistence farming (4) Enterprise Sector

Description : Operating Surplus arises in the (1) Government Sector (2) Production for self-consumption (3) Subsistence farming (4) Enterprise Sector

Last Answer :  Government Sector

______ is the practice of growing crops and raising livestock sufficient only for one’s own use, without any surplus for trade a. Private Farmingb. Extensive Farmingc. Subsistence Farmingd. Meagre Farming

Description : ______ is the practice of growing crops and raising livestock sufficient only for one’s own use, without any surplus for trade a. Private Farming b. Extensive Farming c. Subsistence Farming d. Meagre Farming

Last Answer : c. Subsistence Farming

Paramparagat Krishi Vikas Yojana (PKVY) has been launched by Government of India to support and promote a. Terrace farming b. Commercial farming c. Organic farming d. Subsistence farming

Description : Paramparagat Krishi Vikas Yojana (PKVY) has been launched by Government of India to support and promote a. Terrace farming b. Commercial farming c. Organic farming d. Subsistence farming

Last Answer : c. Organic farming

Monoculture is a distinct characteristic of which of the following? a. Shifting cultivation b. Organic farming c. Subsistence farming d. Commercial grain farming

Description : Monoculture is a distinct characteristic of which of the following? a. Shifting cultivation b. Organic farming c. Subsistence farming d. Commercial grain farming

Last Answer : d. Commercial grain farming

The farming in which farmers focus on growing enough food to feed themselves and other family members is called - a. Organic farming b. Industrial farming c. Ley farming d. Subsistence agriculture

Description : The farming in which farmers focus on growing enough food to feed themselves and other family members is called - a. Organic farming b. Industrial farming c. Ley farming d. Subsistence agriculture

Last Answer : d. Subsistence agriculture

According to crop requirement and target specific use of inputs followed in — farming a. Mixed farming b. Precision farming c. Relay farming d. Subsistence farming

Description : According to crop requirement and target specific use of inputs followed in — farming a. Mixed farming b. Precision farming c. Relay farming d. Subsistence farming

Last Answer : b. Precision farming

Most important objective of mixed farming is — a. Subsistence b. Income generation c. Soil fertility improvement d. Soil conservation

Description : Most important objective of mixed farming is — a. Subsistence b. Income generation c. Soil fertility improvement d. Soil conservation

Last Answer : a. Subsistence

The excess of price a person is to pay rather than forego the consumption of the commodity is called - (1) Price (2) Profit (3) Producers' surplus (4) Consumer's surplus

Description : The excess of price a person is to pay rather than forego the consumption of the commodity is called - (1) Price (2) Profit (3) Producers' surplus (4) Consumer's surplus

Last Answer : (3) Producers' surplus Explanation: Producer Surplus' is an economic measure of the difference between the amount that a producer of a good receives and the minimum amount that he or she would be ... or surplus amount, is the benefit that the producer receives for selling the good in the market.

The functional relationship between income and consumption expenditure is explained by - (1) Consumer' Surplus (2) Law of Demand (3) Law of Supply (4) Keynes's psychological law of consumption

Description : The functional relationship between income and consumption expenditure is explained by - (1) Consumer' Surplus (2) Law of Demand (3) Law of Supply (4) Keynes's psychological law of consumption

Last Answer : (4) Keynes's psychological law of consumption Explanation: Keynes defined Psychological Law of Consumption in terms of, "The fundamental psychological law, upon which we are entitled to depend with great ... consumption as their income increases but not by as much as the increase in the income."

The functional relationship between income and consumption expenditure is explained by (1) Consumer’ Surplus (2) Law of Demand (3) Law of Supply (4) Keynes’s psychological law of consumption

Description : The functional relationship between income and consumption expenditure is explained by (1) Consumer’ Surplus (2) Law of Demand (3) Law of Supply (4) Keynes’s psychological law of consumption

Last Answer :  Keynes’s psychological law of consumption

The excess of price a person is to pay rather than forego the consumption of the commodity is called (1) Price (2) Profit (3) Producers’ surplus (4) Consumer’s surplus

Description : The excess of price a person is to pay rather than forego the consumption of the commodity is called (1) Price (2) Profit (3) Producers’ surplus (4) Consumer’s surplus

Last Answer : Producers’ surplus

Expenditure on advertisement and public relations by an enterprise is a part of its (1) consumption of fixed capital (2) final consumption expenditure (3) intermediate consumption (4) fixed capital

Description : Expenditure on advertisement and public relations by an enterprise is a part of its (1) consumption of fixed capital (2) final consumption expenditure (3) intermediate consumption (4) fixed capital

Last Answer :  intermediate consumption

Which of the following results by dividing national income by size of population? (1) Per capita income (2) Subsistence level (3) Subsistence expenditure- (4) Per capita production

Description : Which of the following results by dividing national income by size of population? (1) Per capita income (2) Subsistence level (3) Subsistence expenditure- (4) Per capita production

Last Answer : (1) Per capita income Explanation: Per capita income or average income or income per person is a measure of mean income within an economic aggregate, such as a country or city. It is calculated by ... in the aggregate (such as GDP or Gross National Income) and dividing it by the total population.

Which of the following results by dividing national income by size of population ? (1) Per capita income (2) Subsistence level (3) Subsistence expenditure (4) Per capita production

Description : Which of the following results by dividing national income by size of population ? (1) Per capita income (2) Subsistence level (3) Subsistence expenditure (4) Per capita production

Last Answer : Per capita income

A foreign currency transaction arises when an enterprise buys or sells goods or services whose price is denominated in the reporting currency.

Description : A foreign currency transaction arises when an enterprise buys or sells goods or services whose price is denominated in the reporting currency.

Last Answer : FALSE

Is subsistence farming really ecologically devastating as environmentalist and Whole Earth Catalog Creator Steven Brand claims?

Description : Is subsistence farming really ecologically devastating as environmentalist and Whole Earth Catalog Creator Steven Brand claims?

Last Answer : Where there is subsistence farming there is loss of habitat, depletion of soil resources, erosion, water loss and pollution.

Where is intensive subsistence farming done in the world? -Geography

Description : Where is intensive subsistence farming done in the world? -Geography

Last Answer : Intensive subsistence farming is done in many parts of China, Japan, India etc. (i) Intensive subsistence agriculture dominated by wet paddy cultivation. (ii) Intensive subsidence agriculture ... of the IndoGangetic plains and millets are grown in dry parts of western and southern India.

Give the reason for which intensive subsistence farming still flourish in India. -Geography

Description : Give the reason for which intensive subsistence farming still flourish in India. -Geography

Last Answer : Intensive subsistence farming produces only food crop for sustaining the high population and domestic animals. It is characterized by small land holdings which are cultivated by the farmer and his family ... maximum output which has led to intensive farming where the yield per unit area is high.

What are the major differences between primitive subsistence farming and commercial farming? -Geography 10th

Description : What are the major differences between primitive subsistence farming and commercial farming? -Geography 10th

Last Answer : Primitive Subsistence FarmingCommercial Farming1. In this mainly cereals and other food crops are grown by farmers to sustain themselves.1. In this, crops are mainly grown for commercial purposes.2. It ... crop in Punjab, while in Orissa it is subsistence crop. E.g., Plantation agriculture.

Write the main characteristics of intensive subsistence farming. -Geography 10th

Description : Write the main characteristics of intensive subsistence farming. -Geography 10th

Last Answer : It is practiced in areas of high population pressure on land.It is labor-intensive farming.Yield per hectare is high because high doses of biochemical inputs and irrigation are used.The size of the land- ... raising 2-3 crops in a year from the same land, i.e., multiple cropping is practiced.

Compare ‘intensive subsistence farming’ with that of ‘commercial farming’ practiced in India -Geography 10th

Description : Compare ‘intensive subsistence farming’ with that of ‘commercial farming’ practiced in India -Geography 10th

Last Answer : Intensive Subsistence FarmingCommercial Farming(i) In this type of farming, production is mainly for self consumption.(i) In this, crops are mainly grown for commercial purposes.(ii) It is ... commercial crop in Punjab, while in Orissa it is subsistence crop. For example, Plantation agriculture.

Write main characteristics of Primitive Subsistence Farming. -Geography 10th

Description : Write main characteristics of Primitive Subsistence Farming. -Geography 10th

Last Answer : This type of farming is practised in few pockets of India on small patches of land using primitive tools and family/community labour.Farmers clear a patch of land and produce cereals and ... natural processes.Land productivity is low as the farmer does not use fertilisers or other modem inputs.

What factors does primitive subsistence farming depend on? -Geography 10th

Description : What factors does primitive subsistence farming depend on? -Geography 10th

Last Answer : Factors:MonsoonsNatural fertility of the soilSuitability of other environmental conditions to the crops grown.

What is primitive (subsistence) farming ? -SST 10th

Description : What is primitive (subsistence) farming ? -SST 10th

Last Answer : A farming in which the main production is consumed by the farmer's household is known as subsistence farming. Features : (i) Old technology and traditional implements are used. (ii) Agricultural fields ... poor, and do not use fertilisers and HYV seeds. (iv) The overall productivity is very low.

Give main characteristics of intensive subsistence farming. -SST 10th

Description : Give main characteristics of intensive subsistence farming. -SST 10th

Last Answer : . This type of farming is practised in areas of high population pressure on land. . It is labour-intensive farming where high doses of biochemical inputs and irrigation are used for obtaining ... to take maximum output from the limited land in the absence of alternative source of livelihood.

Distinguish between primitive subsistence farming and intensive subsistence farming. -SST 10th

Description : Distinguish between primitive subsistence farming and intensive subsistence farming. -SST 10th

Last Answer : Differences between primitive subsistence farming and intensive subsistence farming are as follows: Primitive Subsistence 1. It is practised on small patches of land. 2. Primitive tools like hoe, dao and ... irrigation is used. 4. Land productivity is high as it is meant for commercial purposes.

What is primitive subsistence farming? -SST 10th

Description : What is primitive subsistence farming? -SST 10th

Last Answer : . It is practised on small patches of land with the help of primitive tools. . This type of farming depends upon the monsoons and natural fertility of the soil. . It is also called ‘slash and burn’ agriculture.

Distinguish between Intensive Subsistence Farming and Commercial Farming. -SST 10th

Description : Distinguish between Intensive Subsistence Farming and Commercial Farming. -SST 10th

Last Answer : The main points of distinction between the two main types of farming – Intensive Subsistence Farming and Commercial farming prevalent in various parts of India and the world are as follows :

Explain briefly any four features of intensive subsistence farming in India. -SST 10th

Description : Explain briefly any four features of intensive subsistence farming in India. -SST 10th

Last Answer : Four features of intensive subsistence farming in India are as follows : (i) This type of farming is practised in areas of high population pressure on land, mainly in the east and south of ... and his family produce mainly cereal crops like rice and millets for subsistence and for local market.

Which type of farming is intensive subsistence farming? -SST 10th

Description : Which type of farming is intensive subsistence farming? -SST 10th

Last Answer : Labour intensive farming.

What is intensive subsistence farming? -SST 10th

Description : What is intensive subsistence farming? -SST 10th

Last Answer : (i) Intensive subsistence farming is practised in areas of high population pressure on land. In this type of farming, the agricultural production is increased by using high doses of biochemical inputs and better ... hectare yield is very high. (c) More than one crop is cultivated during a year.

Distinguish between primitive subsistence farming and commercial farming by stating five points of distinction. -SST 10th

Description : Distinguish between primitive subsistence farming and commercial farming by stating five points of distinction. -SST 10th

Last Answer : Distinguish between primitive subsistence farming and commercial farming are:

Extensive subsistence agriculture is ; [Stenograpers' Exam 1990] (a) farming on the slopes of Western Ghats (b) farming in the thickly populated areas (c) farming in the thinly populated areas (d) farming in the forests of equatorial region

Description : Extensive subsistence agriculture is ; [Stenograpers' Exam 1990] (a) farming on the slopes of Western Ghats (b) farming in the thickly populated areas (c) farming in the thinly populated areas (d) farming in the forests of equatorial region

Last Answer : Ans: (c)

Monoculture is a typical characteristic of (1) shifting cultivation (2) subsistence farming (3) specialized horticulture (4) commercial grain farming

Description : Monoculture is a typical characteristic of (1) shifting cultivation (2) subsistence farming (3) specialized horticulture (4) commercial grain farming

Last Answer : (4) commercial grain farming Explanation: Monoculture is the agricultural practice of producing or growing a single crop or plant species over a wide area and for a large number of consecutive ... producing chemicals and machinery are taken into account, the ratio of labor to output is higher.

At the time of independence, predominantly India practised - (1) Subsistence agriculture (2) Mixed farming (3) Plantation agriculture (4) Shifting agriculture

Description : At the time of independence, predominantly India practised - (1) Subsistence agriculture (2) Mixed farming (3) Plantation agriculture (4) Shifting agriculture

Last Answer : (1) Subsistence agriculture Explanation: At the time of independence, Indian farmers practised subsistence agriculture, only producing enough to feed themselves. Since India's independence, food and cash crop supply has greatly improved with the initiation of the Green Revolution in the 1960s.

Leaving agricultural land uncultivated for some years known as – (1) Intensive farming (2) Fallowing (3) Shifting cultivation (4) Subsistence farming

Description : Leaving agricultural land uncultivated for some years known as – (1) Intensive farming (2) Fallowing (3) Shifting cultivation (4) Subsistence farming

Last Answer : (2) Fallowing Explanation: A land that has undergone plowing and harrowing and has been left unseeded for one or more growing seasons is known as fallow and the process as fallowing.

true about plantation agriculture? I. Generally plantation agriculture is considered as an example of subsistence farming. II. Generally single crop is grown on a large area in plantation agriculture. III. It has an interface of agriculture and industry. IV. It uses capital intensive inputs. (1) I and IV (2) III and IV (3) I, II and III (4) II, III and IV

Description : true about plantation agriculture? I. Generally plantation agriculture is considered as an example of subsistence farming. II. Generally single crop is grown on a large area in plantation agriculture. III. It has an interface of agriculture ... IV (2) III and IV (3) I, II and III (4) II, III and IV

Last Answer : (4) II, III and IV

What do you mean by a mixed economy? a) Modern and traditional industries b) Public and private sectors c) Foreign and domestic investments d) Commercial and subsistence farming

Description : What do you mean by a mixed economy? a) Modern and traditional industries b) Public and private sectors c) Foreign and domestic investments d) Commercial and subsistence farming

Last Answer : Answer- b

Leaving agricultural land uncultivated for some years known as (1) Intensive farming (2) Fallowing (3) Shifting cultivation (4) Subsistence farming

Description : Leaving agricultural land uncultivated for some years known as (1) Intensive farming (2) Fallowing (3) Shifting cultivation (4) Subsistence farming

Last Answer : Fallowing

In a Laissez-faire economy (1) the customers take all the decisions regarding production of all the commodities (2) the Government does not interfere in the free functioning of demand and supply forces in the market (3) the private-sector takes all the decisions for price-determination of various commodities produced (4) the Government controls the allocation of all the factors of production

Description : In a Laissez-faire economy (1) the customers take all the decisions regarding production of all the commodities (2) the Government does not interfere in the free functioning of demand and ... of various commodities produced (4) the Government controls the allocation of all the factors of production

Last Answer : the Government does not interfere in the free functioning of demand and supply forces in the market

Which of these items are excluded in the computation of National Income under value added method? (a) Own acquired fixed assets by the Government enterprises, Govt. and household; (b) Production for self-consumption ; (c) Imputed rent for own occupied house ; (d) All the three

Description : Which of these items are excluded in the computation of National Income under value added method? (a) Own acquired fixed assets by the Government enterprises, Govt. and household; (b) Production for self-consumption ; (c) Imputed rent for own occupied house ; (d) All the three

Last Answer : (d) All the three

A currency whose exchange rate is influenced by the government is a/an - (1) Unmanaged Currency (2) Managed Currency (3) Scarce Currency (4) Surplus Currency

Description : A currency whose exchange rate is influenced by the government is a/an - (1) Unmanaged Currency (2) Managed Currency (3) Scarce Currency (4) Surplus Currency

Last Answer : (2) Managed Currency Explanation: Managed currency refers to currency whose ex-change rate is not determined by the free-market forces of demand and supply but instead by the government's intervention through the country's central bank.

6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment spending is $2000. In order to avoid recessions and inflation (to have equilibrium), the government should have a: a. balanced budget b. budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C

Description : 6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment ... . budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C

Last Answer : c. budget surplus of $1000

A currency whose exchange rate is influenced by the government is a/an (1) Unmanaged Currency (2) Managed Currency (3) Scarce Currency (4) Surplus Currency

Description : A currency whose exchange rate is influenced by the government is a/an (1) Unmanaged Currency (2) Managed Currency (3) Scarce Currency (4) Surplus Currency

Last Answer : Managed Currency

Forced Savings refer to - (1) Reduction of consumption consequent to a rise in prices (2) Taxes on individual income and wealth (3) Compulsory deposits imposed on income tax payers (4) Provident fund contribution of private sector employees

Description : Forced Savings refer to - (1) Reduction of consumption consequent to a rise in prices (2) Taxes on individual income and wealth (3) Compulsory deposits imposed on income tax payers (4) Provident fund contribution of private sector employees

Last Answer : (1) Reduction of consumption consequent to a rise in prices Explanation: Forced saving is an economic situation in which consumers spend less than their disposable income, not because they want to ... free economy, this situation would normally result in increase in prices and inflow of more goods.

Forced Savings refer to (1) Reduction of consumption consequent to a rise in prices (2) Taxes on individual income and wealth (3) Compulsory deposits imposed on income tax payers (4) Provident fund contribution of private sector employees

Description : Forced Savings refer to (1) Reduction of consumption consequent to a rise in prices (2) Taxes on individual income and wealth (3) Compulsory deposits imposed on income tax payers (4) Provident fund contribution of private sector employees

Last Answer :  Reduction of consumption consequent to a rise in prices

In a free enterprise economy, resource allocation is determined by - (1) the pattern of consumers' spending (2) the wealth of the entrepreneurs (3) decision of the Government (4) the traditional employment of factors

Description : In a free enterprise economy, resource allocation is determined by - (1) the pattern of consumers' spending (2) the wealth of the entrepreneurs (3) decision of the Government (4) the traditional employment of factors

Last Answer : (1) the pattern of consumers' spending Explanation: In a free market economy, resources are allocated through the interaction of free and self-directed market forces. This means that what to ... is determined by producers, and who gets the products depends upon the purchasing power of consumers.

In a free enterprise economy, resource allocation is determined by (1) the pattern of consumers’ spending (2) the wealth of the entrepreneurs (3) decision of the Government (4) the traditional employment of factors

Description : In a free enterprise economy, resource allocation is determined by (1) the pattern of consumers’ spending (2) the wealth of the entrepreneurs (3) decision of the Government (4) the traditional employment of factors 

Last Answer :  the pattern of consumers’ spending

The farming which has < 50% income by single enterprise

Description : The farming which has < 50% income by single enterprise

Last Answer : Ans. Diversified farming

The farming having 50% income by single enterprise

Description : The farming having 50% income by single enterprise

Last Answer : Ans. Specialized farming