University of Mumbai 2007 M.A Economics Agricultural ( Part 1,) - Question Paper

Agricultural Economics, April 2007

(3 Hours)
Total Marks: 100
N.B.: 1) Q1 is compulsory
2) ans any three ques. from the remaining six
3) All ques. carry equal marks

1.Write short notes on any three of the following:
a.Engel's legal regulations
b.Nerlovian Model
c.Functions of agricultural prices
d.Informational asymmetries and credit rationing
e.Forms of free labour
f.Mechanism of land transfer

2.….
a.What are the strategies that governments and individuals can use to deal with the issue of hunger?
b.What are the basic goals of National Food Policy? How well have they been achieved?

3.List out the factors that affect supply of farm products.

4.….
a.Explain the behaviour of a rational farmer with respect to factor-product relationship.
b.Explain the different kinds of uncertainties in agriculture and explain prominent measures to overcome them.

5.….
a.Examine the relative share of co-operatives in rural credit.
b."The fear of default creates a tendency to ask for collateral in rural credit markets." explain.

6.Differentiate ranging from direct and indirect methods of measurement of unemployment. Critically evaluate any 1 indirect method.

7.Answer any two of the following:
a.Briefly discuss the five characteristics of land markets in India.
b.Differentiate ranging from classic and reverse tenancy..
c.Explain the various kinds of lessors and leases.
OR
Critically evaluate Cheung's Theory of Share Tenancy in the Indian situation.

Earning:   Approval pending.