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. Farm Income Insurance scheme at the beginning covered only rice and wheat crops.
  2. National Agricultural Insurance scheme is withdrawn from the crops which are covered under the farm Income Insurance scheme.
Which of the statements given above is/are correct?

(a) 2 only

(b) 1 only

(c) Both 1 and 2

(d) Neither 1 nor 2

The correct answers to the above question in:

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 NAIS was withdrawn for the crops covered under FIIS.

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

Question : 1

The Blue Revolution is related with

a) Food grain production

b) Oilseed production

c) Fish production

d) Milk production

Answer: (c)

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

Question : 2

Which one of the following agencies of Indian Government implements the price support scheme (PSS)?

a) NAFED

b) Agriculture pricing agency of India

c) FCI

d) None of the above

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.

Question : 3

Participatory Guarantee System for India (PGS-India) is related to which of the following:

a) Banking

b) Organic Farming

c) Patents

d) None of the above

Answer: (b)

Participatory Guarantee System (PGS-India) programme is being implemented by the Ministry of Agriculture through the National Centre for Organic Farming.

It is a self-certification process for organic crops which involves a peer-review approach and is supported through the Paramparagat Krishi Vikash Yojana.

Here, farmers play a role in certifying whether the farms in their vicinity adhered to organic cultivation practices.

Question : 4

What are the primary defects in the system of agricultural marketing in India?

  1. Inadequate warehouses
  2. Lack of grading and standardization
  3. Inadequate transport facilities
  4. Presence of a large number of middlemen

a) Only IV

b) I & II

c) I, II & III

d) All the above

Answer: (d)

Question : 5

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: (c)

Question : 6

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:

  1. Wheat
  2. Rice
  3. Sugar
  4. Pulses
  5. Kerosene
Select the correct option:

a) 1, 2, 3 and 5

b) 1,2 and 4

c) 1, 2, 3 and 4

d) All of the above

Answer: (a)

The commodities distributed under PDS are as follows:-

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

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