agriculture sector subsidy & food processing section 1 MCQ Questions & Answers Detailed Explanation

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The following question based on Agriculture Sector, Subsidy and Food Processing topic of indian economy mcq

Questions : Consider the following statements:
  1. In India, the Nutrient Based Subsidy (NBS) Policy for fertilizers was implemented in 2010.
  2. The Nutrient Based Subsidy (NBS) Policy for fertilizers is applied only to nitrogen and phosphorus-based fertilizers.
  3. India is meeting 85% of its urea requirement through indigenous production.
Which of the statements given above is/are correct?

(a) 1 and 2

(b) 1 only

(c) 1 and 3 both

(d) 1, 2 and 3

The correct answers to the above question in:

Answer: (c)

Nutrient Based Subsidy (NBS) Policy on decontrolled Phosphatic and potassic fertilizer came into effect from 1st April 2010.

It has been decided to fix the subsidy on the nutrients:

  • ‘N’ – Nitrogen,
  • ‘P’ – Phosphorus,
  • ‘K’ – Potash and
  • ‘S’ – Sulphur contents.

India is meeting 85% of the urea fertilizer through indigenous production. However, we are deficient in phosphatic and potassic resources and around 90% is imported.

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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers

Question : 1

The importance of agriculture in Indian Economy is indicated by its contribution to which of the following?

a) Industrial development and international trade

b) Supply of foodgrains

c) National income and employment

d) All of the above

Answer: (d)

The importance of agriculture in the Indian Economy is indicated by its contribution to national income, industrial development and supply of foodgrains.

It contributes around 13.7% to GDP, supplies raw materials for the development of industries along with supplying food grains for livelihood.

Question : 2

Where is the Indian Institute of Sugarcane Research Institute situated?

a) Varanasi

b) Kanpur

c) New Delhi

d) Lucknow

Answer: (d)

The Indian Institute of Sugarcane Research (acronym IISR) is an autonomous institute of higher learning, established under the umbrella of the Indian Council of Agricultural Research (ICAR) by the Ministry of Agriculture, Government of India for advanced research in sugar cane agriculture.

The institute is located on Raibareli Road, Dilkusha in Lucknow, Uttar Pradesh, India.

Question : 3

Consider the following statements

  1. Food for Work Programme was launched in India during the 10th Five Year Plan.
  2. The Planning commission in India is a constitutional body.
Which of the statements given above is/are correct?

a) Both 1 and 2

b) Only 1

c) Only 2

d) Neither 1 nor 2

Answer: (b)

According to The National Food for Work Programme, food subsidy should be better targeted through targeted public distribution system and specific programmes for the poor like Food for Work Programme.

The National Food for Work Programme was launched on 14 November 2004 in 150 of the most backward districts of India with the objective of generating supplementary wage employment. The Planning commission is not a constitutional body.

Question : 4

An objective of the National Food Security Mission is to increase the production of certain crops which are

a) Rice, wheat and pulses only

b) Rice, wheat, pulses and oil seeds only

c) Rice and wheat only

d) Rice, wheat, pulses, oil seeds and vegetables

Answer: (a)

‘National Food Security Mission’, had been launched from the rabi season 2007–08 to increase the production of rice by 10 million tons, wheat by 8 million tons pulse by 2 million tons decided by National Development Council.

Question : 5

Increase in agricultural production is due to:

  1. increase in cultivable area.
  2. improvement in yield
  3. better cropping pattern
  4. implementation of land reforms:

a) 1, 2 and 3

b) 1 and 3

c) 1 and 2

d) 1, 2, 3 and 4

Answer: (a)

Question : 6

With reference to Indian agriculture, consider the following statements:

  1. Agriculture provides direct livelihood to 59% of the labour force in India.
  2. It contributes more than 20% to the GDP
  3. It accounts for about 10% of the total value of India’s commodity exports
  4. Almost 80% of the area under agriculture is irrigated.
Which of the above statement/s is/are correct?

a) 3 only

b) 1, 2, 3 and 4

c) 1, 2 and 3

d) 4 only

Answer: (c)

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