Agricultural Economics - Study Mode

[#251] A holding which is smaller than economic holding a reasonable standard of living to the cultivator but not sufficient for the purpose of agricultural operations, is known as
Correct Answer

(B) Basic holding

[#252] The most liquid assets are
Correct Answer

(A) Current assets

[#253] Nationalization of banks was carried out on
Correct Answer

(B) 19 th July, 1969

Explanation

Solution: The nationalization of banks in India was carried out on 19 th July, 1969 . The Government of India nationalized 14 major commercial banks with deposits of over ₹50 crores each to enhance banking penetration and boost economic development. The objective was to ensure banking services reached rural areas and to provide credit support to agriculture, small industries, and exports. A second phase of nationalization took place in 1980 , where 6 more banks were nationalized, bringing the total to 20.

[#254] If E(u) = 0, the estimated line lies
Correct Answer

(D) On true line

[#255] The share of agriculture sector in national income of India is
Correct Answer

(A) 28%