Mock Test - Agricultural Economics and Extension Education
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Question No. 1
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Who is recognized as the Father of Modern Economics?
A.
Alfred Marshall
B.
Lionel Robbins
C.
Adam Smith
D.
J.M. Keynes
Question No. 2
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Which term describes the cost of the next best alternative forgone?
A.
Marginal cost
B.
Alternative cost
C.
Sunk cost
D.
Fixed cost
Question No. 3
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For essential agricultural commodities like salt and basic food grains, what is the elasticity of demand?
A.
Highly elastic
B.
Perfectly elastic
C.
Unitary elastic
D.
Inelastic (<1)
Question No. 4
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In which stage of the classical production function is it most rational for a farmer to operate?
A.
Stage I
B.
Stage II
C.
Stage III
D.
Stage IV
Question No. 5
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When the Total Physical Product (TPP) is at its maximum, what is the value of Marginal Physical Product (MPP)?
A.
Zero
B.
Maximum
C.
Negative
D.
One
Question No. 6
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Which curve represents all combinations of two variable inputs that can be purchased for a given total cost?
A.
Isoquant
B.
Isocline
C.
Expansion path
D.
Iso-cost line
Question No. 7
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The principle of equi-marginal returns is applied in farm management to decide which of the following?
A.
How to produce
B.
When to produce
C.
What to produce
D.
How much to produce
Question No. 8
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Which cost remains constant regardless of the level of output produced?
A.
Variable cost
B.
Marginal cost
C.
Fixed cost
D.
Average total cost
Question No. 9
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The line passing through the points of least cost combination on a series of isoquants is called:
A.
Ridge line
B.
Isocline
C.
Expansion path
D.
Budget line
Question No. 10
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What type of farming system involves generating 50% or more of total farm income from a single enterprise?
A.
Diversified farming
B.
Mixed farming
C.
Specialized farming
D.
Dryland farming
Question No. 11
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A net worth statement is also known by which of the following accounting terms?
A.
Income statement
B.
Balance sheet
C.
Cash flow statement
D.
Profit and loss account
Question No. 12
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Which ratio is calculated by dividing Current Assets by Current Liabilities?
A.
Current ratio
B.
Acid test ratio
C.
Debt-equity ratio
D.
Net capital ratio
Question No. 13
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In which year was the National Bank for Agriculture and Rural Development (NABARD) established?
A.
1975
B.
1982
C.
1991
D.
1969
Question No. 14
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The Kisan Credit Card (KCC) scheme was introduced in India during which year?
A.
1995
B.
2002
C.
1998
D.
2010
Question No. 15
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Which of the following is NOT one of the '3 Rs' of agricultural credit?
A.
Returns
B.
Risk bearing ability
C.
Repayment capacity
D.
Reliability
Question No. 16
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The formula (Total Production - Total Requirements) represents which marketing concept?
A.
Marketed surplus
B.
Producer surplus
C.
Marketable surplus
D.
Consumer surplus
Question No. 17
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When a farmer is forced to sell more produce than their marketable surplus to meet urgent cash needs, it is called:
A.
Distress sale
B.
Monopoly sale
C.
Direct marketing
D.
Forward contract
Question No. 18
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Minimum Support Price (MSP) in India is recommended by which body?
A.
RBI
B.
NABARD
C.
CACP
D.
NITI Aayog
Question No. 19
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A market structure characterized by a single buyer is known as:
A.
Monopoly
B.
Oligopoly
C.
Monopsony
D.
Monopolistic competition
Question No. 20
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In project evaluation, if the Benefit Cost Ratio (BCR) is greater than 1, the project is considered:
A.
Unviable
B.
Viable
C.
At break-even
D.
Infeasible
Question No. 21
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What is the mathematical shape of the Average Fixed Cost (AFC) curve?
A.
U-shaped
B.
V-shaped
C.
Straight line
D.
Rectangular hyperbola
Question No. 22
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The Law of Diminishing Marginal Utility states that as consumption of a good increases, its marginal utility:
A.
Increases
B.
Remains constant
C.
Decreases
D.
Becomes negative immediately
Question No. 23
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Which cost curve intersects both the Average Variable Cost (AVC) and Average Total Cost (ATC) curves at their minimum points?
A.
Fixed Cost curve
B.
Marginal Cost (MC) curve
C.
Total Cost curve
D.
Average Fixed Cost curve
Question No. 24
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The relationship between two enterprises where an increase in the production of one leads to a decrease in the other is called:
A.
Complementary
B.
Supplementary
C.
Competitive
D.
Independent
Question No. 25
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What does the term 'Amortization' refer to in agricultural finance?
A.
Decreasing land value
B.
Paying off a loan in installments
C.
Calculating depreciation
D.
Increasing interest rates
Question No. 26
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Regional Rural Banks (RRBs) in India were established on the recommendation of which committee?
A.
Narasimham Committee
B.
Sivaraman Committee
C.
Hilton Young Commission
D.
R.V. Gupta Committee
Question No. 27
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Under the PMFBY (Pradhan Mantri Fasal Bima Yojana), what is the uniform premium rate payable by farmers for all Kharif crops?
A.
1.5%
B.
2.0%
C.
5.0%
D.
3.0%
Question No. 28
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The AGMARK standard for agricultural products is governed by an act passed in which year?
A.
1937
B.
1955
C.
1986
D.
2000
Question No. 29
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Which law states that as income increases, the proportion of income spent on food decreases?
A.
Law of Demand
B.
Say's Law
C.
Engel's Law
D.
Gresham's Law
Question No. 30
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What is the point called where Total Revenue exactly equals Total Cost?
A.
Equilibrium point
B.
Maximum profit point
C.
Shut-down point
D.
Break-even point
Question No. 31
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Which depreciation method deducts a constant amount from the asset's value each year?
A.
Declining balance method
B.
Sum of the years' digits method
C.
Straight line method
D.
Annual valuation method
Question No. 32
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Giffen goods represent an exception to the Law of Demand because their demand curve is:
A.
Horizontal
B.
Downward sloping
C.
Vertical
D.
Upward sloping
Question No. 33
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The apex body for agricultural cooperative marketing in India is:
A.
FCI
B.
NAFED
C.
APEDA
D.
CACP
Question No. 34
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Which term is used to describe a market structure with a few sellers?
A.
Monopoly
B.
Perfect competition
C.
Oligopoly
D.
Monopsony
Question No. 35
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The Internal Rate of Return (IRR) is the discount rate at which the Net Present Value (NPV) of a project is:
A.
Maximized
B.
Equal to zero
C.
Equal to 1
D.
Negative
Question No. 36
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A loan taken for the purchase of a tractor is classified under which category based on time?
A.
Short-term loan
B.
Medium-term loan
C.
Long-term loan
D.
Crop loan
Question No. 37
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The situation where Marketed Surplus is exactly equal to Marketable Surplus indicates:
A.
A normal market situation
B.
Distress sale
C.
Commercial farming
D.
Subsistence farming
Question No. 38
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Which economic concept measures the responsiveness of the quantity supplied to a change in its price?
A.
Income elasticity
B.
Price elasticity of supply
C.
Cross elasticity
D.
Elasticity of substitution
Question No. 39
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In production economics, the Marginal Rate of Technical Substitution (MRTS) represents the slope of which curve?
A.
Production possibility curve
B.
Iso-cost line
C.
Isoquant
D.
Demand curve
Question No. 40
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The process of finding the present value of a future cash flow is known as:
A.
Compounding
B.
Amortization
C.
Discounting
D.
Capitalization
Question No. 41
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Which market is typically characterized by the sale of highly perishable goods like fresh vegetables and fish?
A.
Secular market
B.
Short period market
C.
Long period market
D.
Terminal market
Question No. 42
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Nationalization of 14 major commercial banks in India took place in which year?
A.
1969
B.
1949
C.
1980
D.
1991
Question No. 43
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When Average Product (AP) is increasing, Marginal Product (MP) must be:
A.
Below AP
B.
Equal to AP
C.
Above AP
D.
Zero
Question No. 44
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Which principle helps a farmer decide the most profitable combination of enterprises based on relative prices?
A.
Principle of substitution
B.
Principle of comparative advantage
C.
Principle of equi-marginal returns
D.
Principle of opportunity cost
Question No. 45
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What is the term for a market where buyers and sellers are so numerous that no single one can influence the price?
A.
Monopoly
B.
Perfect competition
C.
Monopolistic competition
D.
Oligopsony
Question No. 46
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Which curve shows all possible combinations of two products that can be produced with a given set of resources?
A.
Isoquant
B.
Indifference curve
C.
Production Possibility Curve (PPC)
D.
Iso-revenue line
Question No. 47
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The 'Scale of Finance' for a crop loan is determined by which committee at the district level?
A.
NABARD task force
B.
State Level Bankers Committee (SLBC)
C.
District Level Technical Committee (DLTC)
D.
Panchayat Samiti
Question No. 48
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If the cross elasticity of demand between two goods is negative, the goods are:
A.
Substitutes
B.
Unrelated
C.
Complementary
D.
Inferior
Question No. 49
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The point where the Marginal Cost (MC) curve intersects the Average Variable Cost (AVC) curve is known as:
A.
Break-even point
B.
Optimum output point
C.
Profit maximization point
D.
Shut-down point
Question No. 50
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A continuous increase in the general price level of goods and services in an economy is defined as:
A.
Deflation
B.
Stagflation
C.
Inflation
D.
Recession
Question No. 51
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Who is internationally recognized as the Father of Extension Education?
A.
J.P. Leagans
B.
K.N. Singh
C.
A.R. Desai
D.
O.P. Dahama
Question No. 52
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Which term best describes the nature of Agricultural Extension Education?
A.
Formal education
B.
Non-formal education
C.
Informal education
D.
Basic education
Question No. 53
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The Etawah Pilot Project, a precursor to the Community Development Programme, was initiated by whom?
A.
Spencer Hatch
B.
Albert Mayer
C.
F.L. Brayne
D.
S.K. Dey
Question No. 54
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The Sriniketan project for rural reconstruction was started by which prominent figure?
A.
Mahatma Gandhi
B.
Rabindranath Tagore
C.
Vinoba Bhave
D.
Jawaharlal Nehru
Question No. 55
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In which year was the Community Development Programme (CDP) launched in India?
A.
1947
B.
1952
C.
1955
D.
1960
Question No. 56
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The three-tier Panchayati Raj system in India was recommended by which committee?
A.
Ashok Mehta Committee
B.
G.V.K. Rao Committee
C.
Balwant Rai Mehta Committee
D.
L.M. Singhvi Committee
Question No. 57
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Where was the first Krishi Vigyan Kendra (KVK) established in India in 1974?
A.
Hisar
B.
Ludhiana
C.
Coimbatore
D.
Pondicherry
Question No. 58
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The Training and Visit (T&V) system of agricultural extension was developed and introduced by:
A.
Norman Borlaug
B.
Daniel Benor
C.
J.P. Leagans
D.
M.S. Swaminathan
Question No. 59
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ATMA (Agricultural Technology Management Agency) operates primarily at which administrative level?
A.
Village level
B.
Block level
C.
District level
D.
State level
Question No. 60
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Which extension teaching method is based on the core principle of 'Learning by Doing'?
A.
Result Demonstration
B.
Method Demonstration
C.
Field Trip
D.
Campaign
Question No. 61
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Which of the following is considered the basic unit of rural society?
A.
Village
B.
Panchayat
C.
Family
D.
Caste
Question No. 62
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According to Rogers (1983), the innovation-decision process begins with which stage?
A.
Persuasion
B.
Knowledge / Awareness
C.
Decision
D.
Implementation
Question No. 63
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In the categorization of adopters, what percentage of the population falls under 'Innovators'?
A.
13.5%
B.
34.0%
C.
16.0%
D.
2.5%
Question No. 64
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Which adopter category is characterized by having the highest degree of opinion leadership in most social systems?
A.
Innovators
B.
Early adopters
C.
Early majority
D.
Late majority
Question No. 65
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The traditional model of communication comprising Source-Message-Channel-Receiver (SMCR) was given by:
A.
Aristotle
B.
Shannon and Weaver
C.
David Berlo
D.
J.P. Leagans
Question No. 66
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In J.P. Leagans' model of communication, what is the final element?
A.
Receiver
B.
Audience
C.
Response
D.
Feedback
Question No. 67
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Which of the following extension teaching methods is an example of a Mass Contact Method?
A.
Farm visit
B.
Method demonstration
C.
Group discussion
D.
Television broadcasting
Question No. 68
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What is the standard recommended size of a flash card used in extension teaching?
A.
5 x 7 inches
B.
10 x 12 inches to 11 x 14 inches
C.
20 x 24 inches
D.
A4 size exactly
Question No. 69
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PRA, an approach frequently used by extension workers to gather data with community participation, stands for:
A.
Public Relations Assessment
B.
Participatory Rural Appraisal
C.
Project Review Analysis
D.
Planning and Resource Allocation
Question No. 70
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Who is widely recognized as the Father of Sociology?
A.
Max Weber
B.
Emile Durkheim
C.
Auguste Comte
D.
Karl Marx
Question No. 71
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A technique used in rural sociology to map out and measure the social relationships and group dynamics within a village is called a:
A.
Sociogram
B.
Genogram
C.
Venn diagram
D.
Histogram
Question No. 72
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The Kisan Call Centre (KCC) scheme, providing expert advice to farmers, operates on which toll-free number?
A.
1552
B.
1800-180-1551
C.
1900-180-1551
D.
108
Question No. 73
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The Intensive Agricultural District Programme (IADP), launched in 1960, is popularly known as the:
A.
Green Revolution Phase 1
B.
Package Programme
C.
Grow More Food Campaign
D.
Training & Visit System
Question No. 74
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According to the Cone of Experience developed by Edgar Dale, which method yields the highest retention of learning?
A.
Reading
B.
Hearing words
C.
Direct purposeful experience
D.
Watching a video
Question No. 75
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Which evaluation step measures the ultimate impact of an extension programme on the living standards of the community?
A.
Formative evaluation
B.
Process evaluation
C.
Summative / Outcome evaluation
D.
Ex-ante evaluation
Question No. 76
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A single printed sheet of paper used in extension to convey quick information, not folded, is known as a:
A.
Folder
B.
Leaflet
C.
Pamphlet
D.
Bulletin
Question No. 77
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Which attribute of an innovation refers to the degree to which an innovation is perceived as relatively difficult to understand and use?
A.
Relative advantage
B.
Observability
C.
Complexity
D.
Trialability
Question No. 78
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The Extension Directorate in Agricultural Universities is responsible for which distinct type of extension?
A.
First-line extension
B.
Second-line extension
C.
Administrative extension
D.
Regulatory extension
Question No. 79
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Which of the following is an example of traditional folk media used effectively in Indian rural extension?
A.
Television
B.
Puppetry
C.
Internet blogs
D.
Research journals
Question No. 80
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The Marthandam project (1921), focusing on self-help and cooperative associations, was established under the auspices of which organization?
A.
ICAR
B.
YMCA
C.
Red Cross
D.
Ford Foundation
Question No. 81
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The fundamental philosophy of extension education is primarily based on:
A.
Dictating terms to farmers
B.
Providing free inputs
C.
Helping people to help themselves
D.
Enforcing strict agricultural laws
Question No. 82
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Which leadership style is characterized by a leader who takes all decisions without consulting group members?
A.
Democratic
B.
Autocratic
C.
Laissez-faire
D.
Transformational
Question No. 83
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The process by which an individual internalizes the culture, norms, and values of their society is known as:
A.
Stratification
B.
Assimilation
C.
Socialization
D.
Diffusion
Question No. 84
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Front Line Demonstrations (FLDs) are primarily designed and conducted by:
A.
Village Level Workers
B.
Progressive Farmers
C.
Extension Scientists / KVKs
D.
Block Development Officers
Question No. 85
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According to J.P. Leagans, what is the first step in the extension teaching process?
A.
Attention
B.
Interest
C.
Desire
D.
Conviction
Question No. 86
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A person who bridges the gap between a modern urban society and a traditional rural community in extension terminology is often referred to as a:
A.
Localite
B.
Cosmopolite
C.
Laggard
D.
Gatekeeper
Question No. 87
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The term 'Homophily' in agricultural communication refers to:
A.
Communication between completely unalike individuals
B.
The degree to which interacting pairs are similar in certain attributes
C.
The use of multiple media channels
D.
A barrier to effective listening
Question No. 88
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Which rural development scheme introduced in 2005 guarantees 100 days of wage employment in a financial year?
A.
SGSY
B.
NRLM
C.
PM-KISAN
D.
MGNREGA
Question No. 89
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An agricultural exhibition is classified under which type of extension teaching method?
A.
Individual contact
B.
Group contact
C.
Mass contact
D.
Interpersonal contact
Question No. 90
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The 'Grass-root principle' of extension programme planning emphasizes that:
A.
Planning should be done by national leaders only
B.
Programmes should start with the needs and interests of the local people
C.
Agriculture should focus only on field crops
D.
Extension workers must reside in the village
Question No. 91
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What is the ultimate goal of any agricultural extension programme?
A.
To complete the assigned budget
B.
To change the behavior of farmers for better living
C.
To publish research papers
D.
To increase government tax collection
Question No. 92
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Which element of diffusion determines how fast a new technology spreads based on whether the results can be easily seen by others?
A.
Observability
B.
Trialability
C.
Compatibility
D.
Relative advantage
Question No. 93
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The National Agricultural Technology Project (NATP), which led to the creation of ATMA, was funded by which international organization?
A.
IMF
B.
FAO
C.
World Bank
D.
Asian Development Bank
Question No. 94
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Who among the following formulated the concept of 'Opinion Leadership' in the two-step flow of communication?
A.
David Berlo
B.
Paul Lazarsfeld
C.
Edgar Dale
D.
Everett Rogers
Question No. 95
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The Gurgaon project (1920) was aimed at rural upliftment and was initiated by:
A.
F.L. Brayne
B.
Spencer Hatch
C.
Albert Mayer
D.
Mahatma Gandhi
Question No. 96
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Which principle dictates that extension workers should utilize local institutions like Panchayats and cooperatives to implement programs?
A.
Principle of participation
B.
Principle of local leadership
C.
Principle of cultural difference
D.
Principle of adaptability
Question No. 97
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In extension communication, 'Noise' refers to:
A.
Only loud physical sounds
B.
Any barrier or distortion that interferes with the message
C.
The feedback from the farmer
D.
The visual aids used
Question No. 98
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Which rural sociological concept refers to the division of society into distinct layers or hierarchies based on wealth, power, or caste?
A.
Social mobility
B.
Social control
C.
Social stratification
D.
Social interaction
Question No. 99
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The primary focus of the Lab to Land programme, launched by ICAR in 1979, was to:
A.
Provide free land to landless laborers
B.
Transfer viable technologies from research labs to farmers' fields
C.
Conduct basic research in laboratories
D.
Construct soil testing labs in villages
Question No. 100
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Which type of agricultural cooperative is formed primarily to secure fair prices and eliminate middlemen for farmers' produce?
A.
Cooperative credit society
B.
Cooperative farming society
C.
Cooperative marketing society
D.
Cooperative housing society
Question No. 101
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A situation where a farmer adopts a technology, then rejects it later because a better alternative becomes available is known as:
A.
Disenchantment discontinuance
B.
Replacement discontinuance
C.
Continuous adoption
D.
Laggard behavior
Question No. 102
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Which psychological trait is fundamentally essential for an extension worker to build trust with the rural community?
A.
Empathy
B.
Aggressiveness
C.
Introversion
D.
Apathy
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