Symbol No.....................                             RE-ANS/PLS201
         Candidates are required to give their answer according to the given instructions.
Time: 1 hrs. 15 minutes                                                                       Full Marks: 40
Group 'A'
Attempt any ten questions. 10x1=10
1. Define wealth.
2. Which is an active factor of production?
3. What is the major objective of farm management?
4. Define farm power.
5. Define productivity.
6. Give any two techniques of farm planning.
7. What are the types of farm budgeting?
8. Define farm market.
9. When and where did first cooperative established in Nepal?
10. Define farm record.
11. Define physical function of marketing.
12. Why there is spatial price variation of agricultural commodities?
13. What does WTO stand for?
Group 'B'
Attempt any five questions. 5x2=10
14. Define production factors. Enlist two characteristics of land.
15. Write the scope of farm management.
16. Differentiate between fixed cost and variable cost
17. Write the importance of farm planning.
18. Enlist the different types of farm record.
19. Discuss the different types of marketing functions.
20. What are the challenges of TWO for Nepal?
Group 'C'
Attempt any five questions. 5x4=20
21. Define law of diminishing marginal utility. Show the relationship between
total utility and marginal utility with figure.
22. Define farm management and explain its importance.
23. What does principle of substitution solve? Describe the principle of product
substitution.
24. Define farm budgeting. Write the importance of farm budgeting.
25. Describe the Nepalese experiences in cooperatives.
26. Classify the market on the basis of degree of competition