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Posted Date: 30 Dec 2011      Posted By:: varun    Member Level: Silver  Points: 5 (Rs. 1)

2008 University of Mumbai M.A Economics Agricultural Economics (MA Economics Part 1, October 2008) University Question paper

Course: M.A Economics   University/board: University of Mumbai

Agricultural Economics, October 2008

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

1.Write short notes on any 3 of the following:
a.Measures government can take to combat hunger
b.Price responsiveness of Indian farmers
c.Objectives of agricultural price policy
d.Characteristics of informal rural credit markets
e.Determinants of wage rates in rural labour markets
f.Analysis of rural classes

2.List out the factors that affect demand for food.

3.How efficient are agricultural commodity markets in India?

a.Explain the behaviour of a rational farmer with respect to product-product relationship.
b.Distinguish between 'risk' and 'uncertainty', and discuss any three prominent measures to overcome them.

5.What are the main institutional and non-institutional sources of agricultural credit in India? Critically comment on their performance and relative importance in meeting the credit needs of farmers.

6.Answer any 2 of the following:
a.Briefly explain Rudra's method of calculation of labour surplus
b.Differentiate between free and unfree labour. Explain the various forms of free labour relationships existing in India.
c.Time allocation studies

7.Answer any 2 of the following:
a.Legal restrictions and directives on India's land market
b.Terms and conditions of a tenancy contract
c.Mechanisms of land transfer
Briefly examine the theoretical basis of Cheung's Theory of Share Tenancy.

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