Practice Quiz set 10 - indian economy mcq Online Quiz (set-1) For All Competitive Exams

Q-1)   Rashtriya Krishi Vikas Yojna was launched in the year?

(a)

(b)

(c)

(d)

Explanation:

Rashtriya Krishi Vikas Yojana was launched in August 2007 as a part of the 11th Five Year Plan by the Government of India.

Launched under the aegis of the National Development Council, it seeks to achieve 4% annual growth in agriculture through the development of Agriculture and its allied sectors during the period under the 11th Five Year Plan (2007–11).


Q-2)   Among the items of export of agricultural and allied products from India during the year 2005-06, which one of the following was the highest in the value?

(a)

(b)

(c)

(d)

Explanation:

Marine Product was the highest in value among export items of agricultural and allied products from India during the year 2005-06.


Q-3)   In which of the following years was the Food Corporation of India (FCI) set up ?

(a)

(b)

(c)

(d)

Explanation:

The Food Corporation of India (FCI) was set up in 1965. Its objectives are effective price support operations for safeguarding the interests of the farmers.

Distribution of food grains throughout the country for the public distribution system and maintaining a satisfactory level of operational and buffer stocks of foodgrains to ensure National Food Security.


Q-4)   As a policy to boost the agricultural sector, the GOI has taken special measures over time. Which of the following are not a measure with a direct impact on the agricultural sector?
  1. Setting up of a National Food Processing Bank
  2. Opening irrigation, sanitation and water projects for Private Participation.
  3. Efforts to reduce fiscal deficit to 5.5 per cent level of GDP

(a)

(b)

(c)

(d)


Q-5)   Consider the following statements regarding the objectives of the Second Green Revolution announced in 2005:
  1. It seeks to minimise post-harvest wastage
  2. It will focus on improved storage
  3. It will help the Indian farmers meet phyto-sanitary conditions
  4. It will equip the Indian farmers to participate more fully in global agricultural trade
Which of these statement/s is/are correct?

(a)

(b)

(c)

(d)


Q-6)   The central nodal agency for implementing the price support operations for commercial crops is:

(a)

(b)

(c)

(d)


Q-7)   With reference to agriculture sector of India, consider the following statements.
  1. Command Area Development (CAD) programme was started in 1995-96.
  2. CAD was aimed to maximise the agricultural productivity through optimisation of the irrigation of the command areas.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

The centrally sponsored Command Area Development (CAD) Programme was launched in 1974-75 with the main objectives of improving the utilization of created irrigation potential and optimizing agriculture production and productivity from irrigated agriculture.


Q-8)   Consider the following statements:
  1. Regarding the procurement of foodgrains, Government of India follows a procurement target rather than an open-ended procurement policy.
  2. Government of India announces minimum support prices only for cereals
  3. For distribution under Targeted Public Distribution System (TPDS), wheat and rice are issued by the Government of India at uniform Central issue prices to the States/Union Territories.
Which of the statements given below above is/are correct?

(a)

(b)

(c)

(d)


Q-9)   Consider the following statements :
  1. Coconut Palm Insurance Scheme (CPIS) is implemented in the Kerala, Karnataka and Tamil Nadu on Pilot basis.
  2. Coconut Palm Insurance Scheme (CPIS) was started since 2009-10.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

A pilot Coconut Palm Insurance Scheme (CPIS) was introduced in 2009-10 for the benefit of coconut growers in major coconut growing states like Kerala, Karnataka, Tamilnadu, Goa, AP, West Bengal and Maharashtra.

In this scheme, coconut plants of the age from 4th year to 60th year are covered.

Insurance coverage is provided for total loss/death/becoming useless of the plant. Fifty per cent subsidy in premium is provided by the Government of India and twenty-five per cent by the concerned State Government.


Q-10)   What are the land reforms taken after Independence?
  1. Abolition of intermediaries like zamindars, jagirdars, etc., resulted in several states promulgating laws for putting an end to ‘absentee landlordism’.
  2. Imposition of ceiling laws which lay down the maximum land that can be owned by a landholder
  3. Consolidation of holding was introduced as a measure of improving farming efficiency

(a)

(b)

(c)

(d)

Explanation: