Rural farmers mostly obtain loans from
Government
International Monetary Fund
Merchant banks
Money lenders
Correct answer is D
No explanation has been provided for this answer.
Which of the following is an effect of stability of market price in agricultural production?
Profit of the producer would be constant with input cost
Wholesalers earn more from sales
Profit of the retailer will be decreased
Consumers will look for chaeper alternatives
Correct answer is A
No explanation has been provided for this answer.
Increases
Decreases
Is unaffected
Is unpredictable
Correct answer is B
No explanation has been provided for this answer.
The demand for agricultural produce is generally
Elastic
Inelastic
Unitary
Static
Correct answer is A
No explanation has been provided for this answer.
The factor of production whose reward is profit is
Land
Labour
Capital
Entrepreneurship
Correct answer is D
No explanation has been provided for this answer.