What is called the crop which is grown for sale rather than the farmer’s own use ?

Related Mcqs:

1. Crop grown for sale is called?

   A. Business Crop
   B. Cash crop
   C. Money Crop
   D. Earning Crop

2. When supply increase in an agricultural market farmer’s earning might fall because ?

   A. Supply is price elastic
   B. Demand is price inelastic
   C. The government buys up all the excess production
   D. All output must be sold at a maximum price

3. Suppose the economy is initially in long run equilibrium Then suppose there is a drought that destroys much of the wheat crop if policymakers allow the economy to adjust to long-run equilibrium on its own, according to the model to aggregate demand and aggregate supply what happens to prices and output in the long run ?

   A. Output rises; prices are unchanged from the initial value
   B. Output and the price level are unchanged from their initial values
   C. Output falls; prices are unchanged from the initial value
   D. Prices fall; output is unchanged from its initial value

4. From the sale of capital assets tax is levied on profits. What this tax is called ?

   A. Profit tax
   B. Capital gains tax
   C. Excise duty
   D. Capital tax

5. A company’s first sale of stock to the public is called ?

   A. Public Offering
   B. First Public Offering
   C. Initial Public Offering (IPO)
   D. Going Public

6. What is called an internet strategy of dealing directly with business rather than consumer ?

   A. B2B
   B. Indirect contact
   C. Step by step
   D. Trickle down

7. If you income during one year is Rs10,000 and the following year it is Rs12,000 then it has grown by ________________?

   A. 20%
   B. 2%
   C. 12%
   D. 16%

8. According to the _____ argument for protection, tariffs can shield new industries from import competition until they have grown strong and efficient enough to withstand the competition by foreign producers ?

   A. scientific tariff argument
   B. infant industry argument
   C. beggar they neighbor argument
   D. foreign dumping argument

9. Government policies that focus on increasing production rather than demand are called ?

   A. fiscal policies
   B. monetary policies
   C. supply-side policies
   incomes policies

10. The intermediary agent in the purchase and sale of any good is known as ?

    A. Dealer
    B. Broker
    C. Agent
    D. Commission agent