200+ Fundamentals of Rural Development Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .

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101.	Community based organization arise out of …………………….
A.	People’s Own Initiative
B.	Peoples Education
C.	development of Infrastructure
D.	Financial status
Answer» A. People’s Own Initiative

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102.	Service orientation deal with aspects related to provision of healthcare, family palnning or education services and people are expected to participate in its implementation as well as in receiving services.
A.	True
B.	False
C.	all
D.	none
Answer» A. True

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103.	Charitable NGO’s focus on needs of the Poor.
A.	True
B.	False
C.	all
D.	none
Answer» A. True

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104.	The word 'Entrepreneur' is derived from the _____ verb.
A.	Garman
B.	French
C.	India
D.	None of the above
Answer» B. French

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105.	According to ______ "Entrepreneurs are a specialized group of persons who bear risks and deal with uncertainty".
A.	P.S.shaha
B.	S.P MAthur
C.	F. H. Knight
D.	John Deat
Answer» C. F. H. Knight

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106.	________ is a self-motivated business manager who performs various agri-based activities.
A.	Agripreneur
B.	Carpenter
C.	Mechanic
D.	Driver
Answer» A. Agripreneur

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107.	_______ Entrepreneurship is predominantly related to the marketing and production of various agriculture products.
A.	Business
B.	Agriculture
C.	Doctor
D.	None of the above
Answer» B. Agriculture

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108.	Today _________ and productivity are serious concerns in agriculture entrepreneurship.
A.	Efficiency
B.	Process
C.	Strength
D.	Strategy
Answer» A. Efficiency

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109.	Focus on the identification and pursuits of opportunities are the core of ________ entrepreneurship.
A.	Doctor
B.	Strategy
C.	Agriculture
D.	Businessman
Answer» C. Agriculture

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110.	________ of an agricultural entrepreneur are different from non-agricultural entrepreneurs.
A.	priorities
B.	Selection
C.	Strategy
D.	Tendency
Answer» A. priorities

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111.	______ refers to the willingness of farmers to innovate to revitalize market offerings.
A.	PO
B.	EO
C.	GM
D.	None of the Above
Answer» B. EO

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112.	There are mainly ___ factors which impact agricultural entrepreneur.
A.	5
B.	4
C.	3
D.	1
Answer» B. 4

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113.	When _____ is in good shape, an agricultural entrepreneur is able to sell more of his premium produce.
A.	Socio-Economy
B.	Agriculture
C.	Economy
D.	Finance
Answer» C. Economy

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114.	A conductive ________ with support from family and friends and rural groups can act as a catalyst for an Agripreneur.
A.	Socio- Economy
B.	Socio-Culture
C.	social environment
D.	None of the above
Answer» C. social environment

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115.	________ is one of the opportunity available for an Agricultural Entrepreneur.
A.	Animal husbandry
B.	Forest
C.	Fishery
D.	Pharmaceuticals
Answer» A. Animal husbandry

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116.	______ is one of the factor influencing Agricultural Entrepreneurship.
A.	personality Development
B.	Skills development and training
C.	Communication skill
D.	Listing Skill
Answer» B. Skills development and training

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117.	________ is required by farmers to survive successfully in a changing business environment.
A.	Personality Development
B.	management
C.	Entrepreneurship
D.	Partnership
Answer» C. Entrepreneurship

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118.	______ is the co-ordinated science of supplying agricultural production inputs, and subsequently producing, processing and distribution of food and fiber.
A.	Partnership
B.	Agribusiness
C.	Joint Venture
D.	Swipper
Answer» B. Agribusiness

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119.	Agriculture contributes around ___% to India's GDP.
A.	20%
B.	25%
C.	15%
D.	10%
Answer» C. 15%

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120.	Innovation practices resulting in growth in economic growth sector will result in _______ GDP for the country.
A.	Increased
B.	Decreased
C.	Constant
D.	Flexible
Answer» B. Decreased

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121.	Agriculture provides employment to more than ___% of Indian's workforce.
A.	20
B.	50
C.	55
D.	56
Answer» B. 50

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122.	Growing opportunities in employment sector can result in _______ GDP for the country.
A.	Stable
B.	Flexible
C.	increase
D.	decrease
Answer» C. increase

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123.	India is managing ___ % of world population on 2.4% of world land.
A.	17.5%
B.	15.5%
C.	20%
D.	35%
Answer» B. 15.5%

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124.	____ of surplus food production in order to augment foreign exchange reserves of the country.
A.	Import
B.	Sales
C.	Export
D.	Purchasing
Answer» C. Export

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125.	India has been exporting _______ goods to the world.
A.	primary
B.	Secondary
C.	Third
D.	Last
Answer» B. Secondary

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126.	Rapid growth of agriculture is necessary for ________ of the country and also for meeting the food and nutritional security of the people.
A.	Self Growth
B.	Self reliance
C.	Self Respect
D.	Satisfaction
Answer» B. Self reliance

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127.	Agripreneurs can bring about ________ of income and wealth in rural areas, reduce poverty and improve the quality of life.
A.	equitable participation
B.	Profit maximization
C.	equitable distribution
D.	none of the above
Answer» C. equitable distribution

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128.	Agripreneurs are required to develop _______ food products as well as improved methods and processes to farming.
A.	innovative
B.	Traditional
C.	Primary
D.	Secondary
Answer» A. innovative

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129.	India is today demanding _______ which have health benefits.
A.	agro - byproducts
B.	agro-products
C.	dairy products
D.	stationary
Answer» B. agro-products

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130.	Innovative practices in agriculture, with a focus on cost reduction and profitable opportunities can result in increase in _____ in rural areas and to their overall ______.
A.	health, wealth
B.	strategy, wealth
C.	wealth, development
D.	process, development
Answer» C. wealth, development

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131.	Agripreneurs are required to adopt new _____ and share them with other farmers.
A.	technologies
B.	wealth
C.	sales
D.	production
Answer» A. technologies

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132.	_______ enterprises refer to business units which are engaged in farming and farming related commercial activities.
A.	Stationary
B.	Agribusiness
C.	Carpenter
D.	Musician
Answer» B. Agribusiness

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133.	Agribusiness deal with aspects such as production, processing and _______ , which are required to send an agricultural good to market.
A.	Participation
B.	Allotment
C.	distribution
D.	Sorting
Answer» C. distribution

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134.	Agribusiness enterprises are ____ business that integrate agricultural production, valueadded processing, packaging, distribution, and marketing activities.
A.	complex
B.	Compact
C.	Original
D.	None of the Above
Answer» A. complex

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135.	The demand for pork is determined by:
A.	the price of pork.
B.	income of the purchaser.
C.	the price of substitute products.
D.	all of the above.
Answer» D. all of the above.

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136.	A dairy cow held for breeding and production purposes is known as a:
A.	short-term asset.
B.	intermediate asset.
C.	capital asset.
D.	long-term liability.
Answer» C. capital asset.

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137.	Cattle futures are publicly traded on the:
A.	New York Stock Exchange.
B.	NASDAQ.
C.	Chicago Board of Trade.
D.	none
Answer» C. Chicago Board of Trade.

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138.	Which state is the leading beef cattle state?
A.	Kentucky
B.	West Virginia
C.	Missouri
D.	Texas
Answer» D. Texas

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139.	Which state is the leading dairy state?
A.	California
B.	Wisconsin
C.	New York
D.	Pennsylvania
Answer» A. California

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140.	Vertical integration is most common in which of the following agricultural enterprises?
A.	horses
B.	beef
C.	grain
D.	poultry
Answer» D. poultry

discuss

141.	Which of the following business types allows the most liability protection for the owners?
A.	partnership
B.	sole propietorship
C.	corporation
D.	partnership
Answer» C. corporation

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142.	Which county produces the most poultry products in West Virginia?
A.	Grant
B.	Pendleton
C.	Hampshire
D.	Hardy
Answer» D. Hardy

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143.	Land is considered to be a:
A.	short-term asset
B.	long-term asset
C.	intermediate-term asset
D.	short-term liability
Answer» B. long-term asset

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144.	Which of the following would most likely lead to an increase in soybean prices?
A.	increased industrial use of soybean oils
B.	increased number of hogs being fed
C.	a small soybean crop
D.	all of the above
Answer» D. all of the above

discuss

145.	Which of the following is the equation for determining net worth?
A.	Net Worth = Assets - Liabilities
B.	Net Worth = Assets + Liabilities
C.	Net Worth = Assets / Liabilities
D.	Net Worth = Liabilities - Assets
Answer» A. Net Worth = Assets - Liabilities

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146.	Solvency of a business can be determined by evaluating the:
A.	cash flow statement
B.	debt to equity ratio
C.	price to earnings ratio
D.	net income
Answer» B. debt to equity ratio

discuss

147.	A plan of action for a business is known as a:
A.	balance sheet
B.	cash flow statement
C.	budget
D.	financial statement
Answer» C. budget

discuss

148.	There are three types of goals known as short-term, intermediate, and long-term.
A.	true
B.	false
C.	all
D.	none
Answer» A. true

discuss

149.	Money that you owe for operating expenses is known as accounts receivable.
A.	true
B.	false
C.	all
D.	none
Answer» B. false

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150.	Inventory values for December 31 of a given year should become the beginning values for the following year on January 1.
A.	true
B.	false
C.	all
D.	none
Answer» A. true

discuss

200+ Fundamentals of Rural Development Solved MCQs

Community based organization arise out of …………………….

Service orientation deal with aspects related to provision of healthcare, family palnning or education services and people are expected to participate in its implementation as well as in receiving services.

Charitable NGO’s focus on needs of the Poor.

The word 'Entrepreneur' is derived from the _____ verb.

According to ______ "Entrepreneurs are a specialized group of persons who bear risks and deal with uncertainty".

________ is a self-motivated business manager who performs various agri-based activities.

_______ Entrepreneurship is predominantly related to the marketing and production of various agriculture products.

Today _________ and productivity are serious concerns in agriculture entrepreneurship.

Focus on the identification and pursuits of opportunities are the core of ________ entrepreneurship.

________ of an agricultural entrepreneur are different from non-agricultural entrepreneurs.

______ refers to the willingness of farmers to innovate to revitalize market offerings.

There are mainly ___ factors which impact agricultural entrepreneur.

When _____ is in good shape, an agricultural entrepreneur is able to sell more of his premium produce.

A conductive ________ with support from family and friends and rural groups can act as a catalyst for an Agripreneur.

________ is one of the opportunity available for an Agricultural Entrepreneur.

______ is one of the factor influencing Agricultural Entrepreneurship.

________ is required by farmers to survive successfully in a changing business environment.

______ is the co-ordinated science of supplying agricultural production inputs, and subsequently producing, processing and distribution of food and fiber.

Agriculture contributes around ___% to India's GDP.

Innovation practices resulting in growth in economic growth sector will result in _______ GDP for the country.

Agriculture provides employment to more than ___% of Indian's workforce.

Growing opportunities in employment sector can result in _______ GDP for the country.

India is managing ___ % of world population on 2.4% of world land.

____ of surplus food production in order to augment foreign exchange reserves of the country.

India has been exporting _______ goods to the world.

Rapid growth of agriculture is necessary for ________ of the country and also for meeting the food and nutritional security of the people.

Agripreneurs can bring about ________ of income and wealth in rural areas, reduce poverty and improve the quality of life.

Agripreneurs are required to develop _______ food products as well as improved methods and processes to farming.

India is today demanding _______ which have health benefits.

Innovative practices in agriculture, with a focus on cost reduction and profitable opportunities can result in increase in _____ in rural areas and to their overall ______.

Agripreneurs are required to adopt new _____ and share them with other farmers.

_______ enterprises refer to business units which are engaged in farming and farming related commercial activities.

Agribusiness deal with aspects such as production, processing and _______ , which are required to send an agricultural good to market.

Agribusiness enterprises are ____ business that integrate agricultural production, valueadded processing, packaging, distribution, and marketing activities.

The demand for pork is determined by:

A dairy cow held for breeding and production purposes is known as a:

Cattle futures are publicly traded on the:

Which state is the leading beef cattle state?

Which state is the leading dairy state?

Vertical integration is most common in which of the following agricultural enterprises?

Which of the following business types allows the most liability protection for the owners?

Which county produces the most poultry products in West Virginia?

Land is considered to be a:

Which of the following would most likely lead to an increase in soybean prices?

Which of the following is the equation for determining net worth?

Solvency of a business can be determined by evaluating the:

A plan of action for a business is known as a:

There are three types of goals known as short-term, intermediate, and long-term.

Money that you owe for operating expenses is known as accounts receivable.

Inventory values for December 31 of a given year should become the beginning values for the following year on January 1.

Innovative practices in agriculture, with a focus on cost reduction and profitable opportunities can result in increase in _ in rural areas and to their overall __.