Dr.

PANJABRAO DESHMUKH KRISHI VIDYAPEETH, AKOLA

SEMESTER END THEORY EXAMINATION
B.Sc. (Hons.) ABM
Semester : VI Term : II Academic Year : 2021-22
Course No. : MKT-369 Title : Trading of Agricultural Commodities II
Credits : (1+1)
Day & Date : Time : 1.00 Hr Total Marks : 40

Note: 1) Solve ANY FOUR questions from SECTION-A

2) Solve ANY SIX questions from SECTION-B
3) ALL questions from SECTION-C are compulsory
4) Send the PDF file of answer sheet to the email id of respective course teacher

SECTION-A
(Write the answers in 4-5 sentences only. Each question carries 4 marks)
Q. 1 Thomson has classified the marketing functions as-
I) Primary Functions: Assembling or procurement
Processing
Dispersion or distribution
II)Secondary Functions: Packaging or packing
Transportation
Grading, standardization and quality control
Storage and warehousing
Determination or discovery of prices
Risk taking
Financing
Buying and selling
Demand creation
Dissemination of market information
III)Tertiary Functions: Banking
Insurance
Communication - post and telecommunication
Supply of energy – electricity

Q. 2 Grading – Sorting of unlike lots of produce into different lots according to the quality
specifications.
Types of Grading:
1) Fixed or mandatory grading – It includes sorting of produce according to the size quality and
other characteristics which are of fixed standards.
2)Permissive and variable grading – It includes grading according to the standards which are
varying according to the time.
3)Centralized or decentralized grading – Based on degree of supervision done by Govt. agencies.
Centralized grading includes the authorized packer sets his own lab managed by qualified chemist.
4)Grading at producers level - Grading is done at producers according to his knowledge about
grading on the basis of color and size.

Q. 3 Factors for sugarcane pricing policy:

1.Cost of production of sugarcane.
2.Return to the growers from alternative crops and the general trend of prices of agricultural
commodities.
3.Availability of the sugar to consumer at a fair price.
4.Price at which sugar produce from sugarcane is sold by the sugar producers.
5.Recovery of sugar from sugarcane.
6.The realization made from sale of by products like molasses, bagasse and press mud of their input
value.
 7. Margins for the growers of the sugarcane on account of risk and profit.

Q. 4 Warehouse – Warehousing is the scientific storage structure especially constructed for protection of
quality and quantity of store products.
Types of Warehouses:

A) On the basis of ownership

a) Private warehouse
b) Public warehouse
c) Bonded warehouses

B) On the basis of type of commodities stored

a) General warehouse
b) Refrigerated warehouse

Q. 5 Post-Harvest Management of Citrus:

1)Grading – Fruits are graded on the basis of their size and color.
2)Storage – Green and fully ripped fruits can stored in evaporated cool chamber at 8 degrees
Celsius to 10 degree Celsius and 90 to 95 Percent.
3)Packaging – The harvested fruits are usually wash with Chlorine (1000 pm) and after removing
the surface water they are coated with stay fresh High Shine Wax (2.5%) containing Bavistin (4000
ppm) and finally dried at 50 to 55 degree Celsius in the tunnel dryer.
4)Transportation – Mandarins are generally transported by rail or road as ordinary carry without
refrigeration.
SECTION-B
(Write the answers in one sentence only. Each question carries 2 marks)
Q. 6 (Answer in one sentence/Do as directed/Define)
a) MSP – Minimum Support Price
FRP - Fair and Remunerative Price
b) Marketing Cost – Marketing costs are the all expenses that the company makes to market and
sell its products and develop and promote its brand.
c)Trade – The act or process of buying, selling or exchanging commodities, at either wholesale or
retail, within a country or between countries.
d)Export – An export in international trade is a good produced in one country that is sold into
another country or a service provided in one country for a national or resident of another country.
e) Red color of Tomato is due to Lycopene.
f) India rank 2nd in cotton production.
g) AGMARK – Agriculture Marketing
The AGMARK is legally enforced in India by the Agricultural Produce Act of 1937.
AGMARK Laboratory is situated at Nagpur.
SECTION-C
(Choose the correct option. Each question carry 1 mark)
Q. 7 1) Converting groundnut into oil creates?
a) Place utility b) Form utility
c) Time utility d) Possession utility
2) Commission agent earn their income as?
a) Profit b) Per cent of sales value
c) Per cent of quantity sold d) Service charge
3) Risk taking is a function of?
a) Agent middlemen b) Merchant middlemen
c) Speculator d) Facilitative middlemen
4) Farmers share in consumer rupee will be the least in marketing of?

a) Rice b) Milk
c) Cotton d) Gram
 5) Price spread will be the least in marketing of?
a) Rice b) Milk
c) Green leaves d) Coconut
6) Cotton Corporation of India was established during the year?
a) 1955 b) 1965
c) 1970 d) 1975
PTO

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7) Globalisation of country’s economy would increase its?

a) Export b) Import
c) Both a and b d) Foreign Exchange Reserve
8) Quality of agricultural commodities is ensured by?

a) AGMARK b) ISI
c) BSI d) ISO
9) Wholesalers perform the following functions except?
a) Assembling b) Sorting
c) Advancing loans d) None of the above
10) Who among the following recommends the minimum support prices (MSP) and issue
prices for paddy and wheat?

a) Commission for agricultural costs and b) NABARD

prices
c) Ministry of Agriculture and Farmer’s d) NITI Aayog
Welfare
11)Muga silk is associated to which of the following states of India?

a) Arunachal Pradesh b) Bihar

c) Maharashtra d) Assam
12) India rank--------in Banana Production.

a) 2nd b) 3rd
c) 1st d) 4th
*****

Signature of the course teacher Signature of Head of the Department

Name : Shubham B. Akhare Name :
Designation : Asst. Prof. Dept. ABM Department :
College : RSMCABM, Sadak Arjuni, Dist. Gondia. Mobile No. :
Mobile No. : 8928323651 Office Seal :