India · National Testing Agency for ICAR · pg
Computer-based test, 120 minutes, 120 MCQs, +4 / -1 / 0 for unattempted, English only. 2026 exam on 4 July 2026. Fills 30% of Master's seats at agricultural universities.
ICAR handed its entrance exams to NTA from 2019. The 2025 exam was a 2-hour CBT on 3 July 2025. 4,883 all-India-quota seats in 2025-26. Syllabus: https://icar.org.in/sites/default/files/Circulars/Syllabus%20AIEEA%20(PG).pdf. The pre-2019 format is not verified.
Official source: https://cdnbbsr.s3waas.gov.in/s388a839f2f6f1427879fc33ee4acf4f66/uploads/2026/05/202605091397132773.pdf
Original questions written to this exam's published syllabus and pattern. Not past papers.
1. A village dairy society collects every litre its members offer, but its chilling cost per litre is about double that of similar societies nearby. In management terms the society is:
D. Effective in reaching its procurement goal but inefficient in its use of resources
Effectiveness is reaching goals (all milk offered is collected); efficiency is output per unit of input (chilling cost per litre is high). The common error is to swap the two terms: low cost is efficiency, not effectiveness.
Principles of Management & Organisational Behaviour · Nature and scope of management
2. In Baumol's model of the firm, managers aim to
D. maximise total sales revenue subject to a minimum profit constraint
Baumol argued that managers of large firms value sales (size, prestige, bargaining power) and maximise revenue as long as profit meets the minimum shareholders will accept. Growth with a security constraint is Marris; staff and emoluments in the utility function is Williamson; aspiration levels are Simon's satisficing.
Managerial (Applied Agribusiness) Economics · Objective of the firm and mathematical tools
3. The slope of a production possibility frontier measures
A. the opportunity cost of one good in terms of the other
The slope of the PPF is the marginal rate of transformation: how much of one good must be given up to produce one more unit of the other, which is its opportunity cost. It equals the price ratio only at a competitive optimum, and the MRS is a consumption concept.
Microeconomic Theory & Applications · Scarcity and the production possibility frontier
4. Which of the following is excluded when GDP is measured?
C. An old-age pension paid by the government
A pension is a transfer payment: no current good or service is produced in exchange, so it is excluded from GDP (it does enter personal disposable income). Farm wages are factor income, own-consumed farm output is imputed and included, and a dealer's commission on a second-hand sale is payment for a current service even though the tractor itself is not counted again.
Macroeconomics & Policy · National income concepts and measurement
5. Daily milk yields (litres) of six cows are 8, 12, 10, 15, 9 and 11. What is the median yield?
C. 10.5 litres
Ordered: 8, 9, 10, 11, 12, 15. With an even count the median is the mean of the 3rd and 4th values: (10 + 11)/2 = 10.5. 10.83 is the mean (10.83), not the median; 10 or 11 alone takes only one middle value.
Business Statistics & Quantitative Methods · Measures of central tendency
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