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

Answer: (c)

The Central Government formulated the Farm Income Insurance Scheme (FIIS) during 2003-04. The scheme provided income protection to the farmers by insuring production and market risks.

Initially, the scheme covered only wheat and rice and was compulsory for farmers availing crop loans. NAIS was withdrawn for the crops covered under FIIS.

Answer: (c)

The Blue Revolution is similar to the green revolution as it deals with aquaculture, fish and water preservation for human use.

Answer: (a)

In Order to help the farmers in getting remunerative prices for their produce with a view to encourage higher investment and also to increase production and productivity of a commodity, the government declares Minimum Support Price (MSPs) for 25 notified agricultural commodities for each Kharif & Rabi crop season.

National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) is one of the Central Nodal Agencies which implements PSS.

Answer: (c)

Answer: (a)

The commodities distributed under PDS are as follows:-

1. Wheat
2. Rice
3. Sugar
4. Kerosene

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.