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

Question : 1

Which of the following statements are true regarding the "International Fund for Agricultural Development" (IFAD):

1. It is a specialized agency of the United Nations
2. It is a specialized agency of the World Bank Group
3. It focuses on food production in developing countries
4. It focuses on eradicating rural poverty in developing countries

a) (ii) & (iii) only

b) (i) & (iii) only

c) (i), (iii) & (iv) only

d) (ii), (iii) & (iv) only

Question : 2

Consider the following statements:

1. Fishing contributes around 1% in overall GDP
2. Livestock contributes around 5% in overall GDP

a) Both (i) & (ii)

b) (i) only

c) (ii) only

d) Neither (i) nor (ii)

Question : 3

Which one of the following items has the highest share of India in the World Exports?

a) Pearls, precious stones, metals, coins, etc

b) Lac, gums, resins, vegetable saps, and extracts etc

c) Coffee, tea, mate, spices etc

d) Vegetable plaiting materials, vegetable products etc

Question : 4

To address the problem of sustainable and holistic development of rainfed areas, including appropriate farming and livelihood system approaches, the government of India has set up the

a) National Watershed Development Project for Rainfed Areas

b) National Mission on Rainfed Areas

c) National Rainfed Area Authority

d) Command Area Development and Water Management Authority

Question : 5

Which of the following is an area of focus under RKVY?

a) Support to state seed farms

b) Encouraging non-farm activities

c) Agriculture mechanization

d) All the above

Question : 6

Which of the following statements are correct in accordance to Kisan Credit Cards?

1. NABARD formulated a model scheme for issue of Kisan Credit Cards (KCCs) to farmers so that they may use them to readily purchase agricultural inputs such as seeds, fertilizers, pesticides, etc.
2. These are operated by only commercial banks.
3. The scheme has helped in augmenting the flow of short-term crop loans for seasonal agricultural operations of farmers.
4. From January 31, 2006, the scheme has been extended to all types of loan requirements of borrowers of State Cooperative Agriculture Rural Development Banks (SCARDBs).

a) I, III & IV

b) I & II

c) Only IV

d) All the above