LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
M.A. DEGREE EXAMINATION – ECONOMICS
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FOURTH SEMESTER – APRIL 2006
EC 4952 – AGRICULTURAL ECONOMICS
(Also equivalent to EC 4950)
Date & Time : 27-04-2006/9.00-12.00 Dept. No. Max. : 100 Marks
PART – A
Answer any FIVE questions in about 75 words each. (5 ´ 4 = 20 Marks)
- Define package program. What is multiple cropping?
- Mention the various problems of agriculture before independence of India.
- Define marketable surplus. What are the factors determining marketable surplus?
- Justify agriculture taxation in India.
- Mention the importance of farm size and productivity.
- Distinguish between ‘support price’, ‘issue price’ and ‘procurement price’.
- Mention the reasons for the failure of Second and Third five-year plans in India.
PART – B
Answer any FOUR questions in about 250 words each. (4 ´ 10 = 40 Marks)
- Mention the applicability of supply and demand theory in agriculture.
- Discuss the importance of Law of returns and explain the law of variable proportion and its importance in agriculture sector.
- Critically examine the working of banking and non-banking financial institutions.
- Make out a brief resume of food subsidies and food security in India.
- State the important role played by agriculture sector for the development of Indian economy.
- Define agriculture marketing. What are the defects of agriculture marketing? How will you rectify the same?
- Evaluate the performance of Seventh and Eighth five-year plan for the development of agriculture sector in India.
PART – C
Answer any TWO questions in about 900 words each. (2 ´ 20 = 40 Marks)
- Critically examine the progress of Green revolution in India.
- Examine the performance of Ninth and Tenth five-year plans for the development of agriculture in India.
- Discuss the success and failures of land reform policies in India. Mention the future plan of government of India.
- Differentiate Cobb-Douglas production function with Homogeneous production function and mention the same in agriculture sector. How does Rajkrishna model of production function is superior than Nerlovian model.
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