Imputed value of family labour is included in the
Correct answer – (d) Cost C includes all costs including imputed value of family labour. It represents the total cost of cultivation. Hence, family labour is counted under Cost C.
Information Booster / Facts Cost A includes paid-out costs only. Cost B includes rental value of land and interest on fixed capital.
Why other options are incorrect (a) Cost A excludes family labour. (b) Cost A2 includes rent paid but not family labour. (c) Cost B excludes family labour.
English
60 Questions
60 Marks
45 Mins English English100 Questions100 Marks120 Mins English English100 Questions100 Marks120 Mins English| List-I (Schemes/Events) |
List-II (Year) |
| (A) Lead Bank Scheme |
(I) 1954 |
| (B) All India Rural Credit Survey Committee |
(II) 1975 |
| (C) Regional Rural Banks |
(III) 1989 |
| (D) Service Area Approach |
(IV) 1969 |
| List-I (Rural Development Programmes) |
List-II (Year of Starting) |
| (A) Prime Minister Rozgar Yojana |
(I) 2006 |
| (B) Mahatma Gandhi National Rural Employment Guarantee Act |
(II) 1999 |
| (C) Swarnajayanti Gram Swarojgar Yojana |
(III) 1989 |
| (D) Integrated Watershed Development Programme |
(IV) 15th August 1993 |
| LIST I |
LIST II |
|
| A |
Price maker |
I. Price of output is fixed |
| B |
Price taker |
II. Jointly determine the price by the firm |
| C |
Collusion |
III. Ability to influence the price of output |
| D |
Cartel |
IV. Several firms decide one price |
| LIST I |
LIST II |
|
| A |
Engel Curve |
I. A good that is scarce |
| B |
Consumer |
II. Trade barriers |
| C |
Free trade agreement |
III. An individual that purchase goods or service |
| D |
Economic good |
IV. Relationship between income and quantity demanded |
Suggested Test Series
Suggested Test Series
| List-I (Schemes/Events) |
List-II (Year) |
| (A) Lead Bank Scheme |
(I) 1954 |
| (B) All India Rural Credit Survey Committee |
(II) 1975 |
| (C) Regional Rural Banks |
(III) 1989 |
| (D) Service Area Approach |
(IV) 1969 |
| List-I (Rural Development Programmes) |
List-II (Year of Starting) |
| (A) Prime Minister Rozgar Yojana |
(I) 2006 |
| (B) Mahatma Gandhi National Rural Employment Guarantee Act |
(II) 1999 |
| (C) Swarnajayanti Gram Swarojgar Yojana |
(III) 1989 |
| (D) Integrated Watershed Development Programme |
(IV) 15th August 1993 |
| LIST I |
LIST II |
|
| A |
Price maker |
I. Price of output is fixed |
| B |
Price taker |
II. Jointly determine the price by the firm |
| C |
Collusion |
III. Ability to influence the price of output |
| D |
Cartel |
IV. Several firms decide one price |
| LIST I |
LIST II |
|
| A |
Engel Curve |
I. A good that is scarce |
| B |
Consumer |
II. Trade barriers |
| C |
Free trade agreement |
III. An individual that purchase goods or service |
| D |
Economic good |
IV. Relationship between income and quantity demanded |
