The kinds of time preference are:
Correct answer: C. Both (a) & (b)
- A. Individual time preference
- B. Social time preference
- C. Both (a) & (b)
- D. None of these
Explanation
Time preference may be considered at the individual level, reflecting private choices, or at the social level, reflecting society’s valuation of present versus future benefits. Hence both categories are recognised.
Last updated
Practise Forest Management
269 free Forest Management MCQs from Forestry, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Forestry questions like this
Forestry is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.
Related questions
A country where _____ per cent of the total aea consists of moutains, gullied foot hills, arid waste and deserts, can never achieve the desired progress unless major part of this usable waste is harnessed to the advantage of its people:
A geologic formation which contains water and transmits it from one point to another in quantities sufficient to permit economic development is called ________.
A large variety of wild fruits and nuts is obtained from the:
A research cum training field station has been started at:
A research institute has been established at Gatwala in ________ by the Government of Punjab where it is proposed to conduct research on regional problems: