Can you ace these NDDC Scholarship Agric Economics Aptitude Test questions? Start honing your skills with some past questions practice and get a preview of what you can expect on test day.
We pulled these Agric Economics questions from our study pack NDDC Scholarship aptitude-test past questions studypack. Each sample question includes correct answers, so you can see how to crack it!
Sample NDDC Scholarship Agric Economics Aptitude Test Past Questions and answers
Sample NDDC Scholarship Agric Economics Aptitude Test Past Questions and answers
1. ______ an application of the accounting principles to the business of farming:
A. Farm planning
B. Farm budgeting
C. Farm accounting
D. Marketing
2. Beef’ and ‘hides’ are examples of:
A. Independent enterprise
B. Joint enterprise
C. Supplementary enterprise
D. Competitive enterprise
3. Which of the following is not correctly matched?
A. App rises continuously till APP and MPP is both equal.
B. MPP rises continuously – Till MPP is more than APP
C. TPP rises continuously – Till MPP is not equal to Zero
D. APP & MPP both fall but TPP rises. When MPP is less than APP but more than zero
4. “Rent is the price paid for the use of land” who said it?
A. Ricardo
B. Carber
C. Keynes
D. None of above
5. “Under free and prefect competition there could not be any involuntary unemployment amongst wage earners in the labour market”. This theory was established by:
A. Prof. J.B. Say
B. Prof. Pigou
C. Prof. Keynes
D. None of above
Click here to get the complete NDDC Scholarship past questions pack for Agric Economics category
6. Which one of the following pairs is not correctly matched?
A. Elasticity of production = Stage III of classical production function greater than unity
B. Negative marginal product = Stage III of classical production function
C. Negative elasticity of production = Stage III of classical production function
D. Average product decreases but is greater than marginal product = Stage II of classical production function
7. Nigeria’s current Minister for Agriculture and Rural development is
A. Chief Benson Alfred
B. Engr Enyinaya Abaribe
C. Chief Audu Ogbeh
D. Mr Ibukun Awojobi
8. A consumer spends his income according to the law of:
A. Diminishing marginal utility
B. Increasing cost
C. Equi-marginal utility
D. Least cost
9. A crop loan over NGN 1,00,000 will require:
A. Equitable mortgage
B. Registered mortgage of land
C. Personal security
D. None of these
10. A farmer having less than one hectare of irrigated the land, is known as:
A. Small farmers
B. Marginal farmers
C. Big farmers
D. None of the above
