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
(a) Regional Rural Banks
(b) Scheduled Commercial Banks
(c) Co-operative Banks
(d) NABARD
The correct answers to the above question in:
Answer: (d)
A Kisan Credit Card is a credit card to provide affordable credit for farmers. It was started by the Government of India, Reserve Bank of India (RBI), and National Bank for Agricultural and Rural Development (NABARD) in 1998–99 to help farmers access timely and adequate credit.
The credit is available to farmers in most of the banks like commercial banks cooperative banks and regional rural banks. However, in day to day operations, NABARD is not included.
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Question : 1
Public Distribution System (PDS) means distribution of essential commodities to a large number of people through a network of Fair Price Shops on a recurring basis. The Commodities distributed under PDS are:
- Wheat
- Rice
- Sugar
- Pulses
- Kerosene
a) 1, 2, 3 and 5
b) 1,2 and 4
c) 1, 2, 3 and 4
d) All of the above
Answer »Answer: (a)
The commodities distributed under PDS are as follows:-
- Wheat
- Rice
- Sugar
- Kerosene
Question : 2
The target for agricultural credit for 2017-18 per person, is fixed at which of the following amounts?
a) Rs. 15 lakhs
b) Rs. 8 lakhs
c) Rs. 10 lakhs
d) Rs. 12 lakhs
Answer »Answer: (c)
Question : 3
What are the primary defects in the system of agricultural marketing in India?
- Inadequate warehouses
- Lack of grading and standardization
- Inadequate transport facilities
- Presence of a large number of middlemen
a) Only IV
b) I & II
c) I, II & III
d) All the above
Answer »Answer: (d)
Question : 4
What is National Food Security Mission?
- Mission To increase the production of rice, wheat and pulses by 10, 8 and 2 million tonnes respectively.
- To enhance investment in agriculture and allied sectors to achieve a 4% growth rate.
- For the promotion of holistic growth of horticulture sector, including fruits, vegetables, root and tuber crops, mushroom, spices, flowers, aromatic plants, cashew and cocoa.
- Provides flexibility to states in implementation based on a regionally differentiated approach for promoting crop diversification and providing a focus to the programme.
a) IV
b) II
c) III
d) I
Answer »Answer: (d)
NFSM was launched in 2007-08 to increase the production of rice, wheat and pulses by 10, 8 and 2 million tonnes respectively, by the end of 11th plan through productivity enhancement and area enhancement, enhancing farm level economy and creating employment opportunities. This has been extended to the 12th plan too with additional production targets.
Question : 5
Which of the following statements is incorrect?
a) The National Agriculture Insurance scheme was launched from 1999-2000.
b) The technology mission on oil seeds was launched by the Central Government in 1987.
c) The Kiasan Credit Card Scheme was launched in August, 1998.
d) Kisan call centre was launched in January 2004.
Answer »Answer: (b)
The technology mission on oilseeds was launched by the central government in 1986. The National Agriculture Insurance scheme was launched from 1999-2000.
The Kisan Credit Card Scheme was launched in August 1998. Kisan Call Centres were launched in January 2004.
Question : 6
Consider the following statements :
- 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.
a) 2 only
b) Both 1 and 2
c) 1 only
d) Neither1 nor 2
Answer »Answer: (b)
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.
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