Practice Quiz set 3 - indian economy mcq Online Quiz (set-1) For All Competitive Exams

Q-1)   Agriculture sector directly employs one of the following percentages of labour force in India

(a)

(b)

(c)

(d)

Explanation:

Agriculture, diary, horticulture and related occupations alone employ 52 percent of labour in India.


Q-2)   Yellow Revolution refers to the production of

(a)

(b)

(c)

(d)

Explanation:

Yellow revolution refers to the production of oil seeds.


Q-3)   What is Rashtriya Krishi Vikas Yojana?
  1. Mission To increase the production of rice, wheat and pulses by 10, 8 and 2 million tonnes respectively.
  2. To enhance investment in agriculture and allied sectors to achieve a 4% growth rate.
  3. For the promotion of holistic growth of horticulture sector, including fruits, vegetables, root and tuber crops, mushroom, spices, flowers, aromatic plants, cashew and cocoa.
  4. Provides flexibility to states in implementation based on a regionally differentiated approach for promoting crop diversification and providing a focus to the programme.

(a)

(b)

(c)

(d)

Explanation:

RKVY was launched in 2007-08 for the 11th plan to incentivize states to enhance investment in agriculture and allied sectors to achieve 4% growth rate.

The government has approved the continuation of the RKVY scheme in the 12th plan whereby the funding will be routed into three components production growth, infrastructure and assets, and sub-schemes and Flexi-fund.


Q-4)   Arrange the following in the descending order of the largest agricultural imports of India:
  1. Pulses
  2. Wood and Wood Products
  3. Edible Vegtable Oils

(a)

(b)

(c)

(d)


Q-5)   National Agriculture Insurance Scheme replacing comprehensive crop Insurance scheme was introduced in the year

(a)

(b)

(c)

(d)

Explanation:

In the year 1999, the National Agriculture Insurance Scheme was introduced by replacing the comprehensive crop Insurance Scheme.

NAIS covers all food crops (cereals and pulses), oilseeds, horticultural and commercial crops.

It covers all farmers, both loanees and non-loanees, under the scheme.


Q-6)   Consider the following reasons :
  1. Lack of irrigation facilities, low productivity of land.
  2. Single crop mode of cultivation.
  3. Indian Agriculture gamble on the monsoon.
Which of the reasons given above is/are responsible for the migration of people from rural to urban areas

(a)

(b)

(c)

(d)


Q-7)   Which one of the following Co-Operative societies is responsible for the production of fertilizers?

(a)

(b)

(c)

(d)

Explanation:

Indian Farmers Fertilizer Cooperative Ltd (IFFCO) is the cooperative society responsible for the production of fertilizers.

IFFCO was registered on November 3, 1967, as a Multi-unit Co-operative Society.

NCDC: National Co-operative Development Co-operation was established by the Act of parliament in 1963 as a statutory co-operation under the ministry of Agriculture.


Q-8)   Consider the following statements :
  1. India is meeting 85% of the urea fertilizer through indigenous production.
  2. India produces a surplus amount of fertilizers containing phosphorous and potassium.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

In the given statements, India is meeting 85% of the urea fertilizer through indigenous production is correct.

However, we are deficient in phosphatic and potassic resources and around 90% is imported.


Q-9)   Consider the following statements :
  1. India has about 15% of the livestock population of the world.
  2. India is second to China in the population of buffalo livestock in the world.
Which of the statements given above is correct?

(a)

(b)

(c)

(d)

Explanation:

Regarding the livestock population, India has about 15% of the livestock population of the world.

However, the world population of buffalo has been estimated at over 140 million head. Of these, 97 per cent are found in Asia and the Pacific regions, mainly in India (75 million), China (21 million), Pakistan (14 million).


Q-10)   With reference to the agriculture sector of India, consider the following statements
  1. Rural Infrastructure Development Fund disperses loans to the states to complete the minor irrigation projects.
  2. Rural Infrastructure Development Fund is managed by the public sector commercial banks.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

The RIDF was set up by the Government in 1995-96 for financing ongoing rural Infrastructure projects.

The Fund is maintained by the National Bank for Agriculture and Rural Development (NABARD).

The scope of RIDF has been widened to include activities such as rural drinking water schemes, soil conservation, rural market yards, rural health centres and primary schools, mini hydel plants, Shishu Shiksha Kendra, Anganwadi, and system improvement in the power sector.

The activities to be financed under RIDF include minor irrigation projects/micro-irrigation, flood protection, watershed development/reclamation of waterlogged areas, drainage, forest development, market yard/godown, apna mandi, rural haats and other marketing infrastructure, cold storage, seed/ agriculture/horticulture farms, plantation and horticulture, grading and certifying mechanisms such as testing and certifying laboratories, etc.,

community irrigation wells for irrigation purposes for the village as a whole, fishing harbour/jetties, riverine fisheries, animal husbandry and modern abattoir.