Economics

‘Bigha’ and ‘Guintha’ are

• the type of village house

• the type of hybrid seeds

• the measuring units of grain

• the measuring units of land area in village

Finance raised to operate a business is called

• labour

• enterprise

• land

• capital

Minimum wages for a farm labourer set by the government is

• ₹80

• ₹90

• ₹115

• ₹120

The Green Revolution introduced the farmers to

• cultivation of wheat and rice

• cultivation of green vegetables

• cultivation of sugar cane

• cultivation of forests

The small farmers constitute about _________ per cent of total farmers in India.

• 50

• 60

• 70

• 80

The new ways of farming need

• less land

• more capital

• machinery

• all of the above

The most abundant factor of production is

• labour

• land

• machinery

• all of the above

Multiple Cropping refers to :

• Cultivation of wheat and rice

• cultivation of two crops in alternate rows

• cultivating more than one crop on the same field each year

• cultivating crops and rearing animals on the same farm

Working capital stands for :

• Tools, machines and buildings

• raw materials and money in hand

• total share capital

• fixed deposits in financial institutions

How many families lives in Village Palampur?

• 150

• 250

• 350

• 450