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

Answer: (d)

The Green Revolution in India has contributed to inter-regional, inter-class and inter-crop inequality as certain regions like UP and Punjab which used HYVs much better than others have become more advanced than others.

Similarly, certain classes which were rich like big landlords could purchase HYV and thus have grown richer.

Similarly, certain crops like wheat have done better than others creating inequality.

Answer: (c)

The union government fixes the statutory minimum price of sugarcane for each sugar season. Sugar and sugarcane are essential commodities under the essential commodities Act. So both statements are correct.

Answer: (a)

The statement, “Everything else can wait, but not agriculture” is attributed to J.L. Nehru. Nehru mentioned these words after independence.

He said this in the context of the Bengal Famine of 1942–43 and the acute food scarcity prevailing in the country in 1947.

Answer: (a)

Agriculture contributes around 16.5 % in GDP, out of which fishing is around 1% and livestock is around 5%, crops around 9.5% and forestry around 1%.

Answer: (c)

The International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations, was established as an international financial institution in 1977 as one of the major outcomes of the 1974 World Food Conference.

The conference was organized in response to the food crises of the early 1970s that primarily affected the Sahelian countries of Africa.

It resolved that "an International Fund for Agricultural Development should be established immediately to finance agricultural development projects primarily for food production in the developing countries."

Through low-interest loans and grants, IFAD works with governments to develop and finance programmes and projects that enable rural poor people to overcome poverty.

Answer: (d)