agriculture sector subsidy & food processing section 2 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
- Where the society holds the land and leases it to individual members.
- Where land is irrevocably surrendered to the collective.
- Where the farmers pool their land and reap the economies of scale, although the ownership continues to remain with the individual farmer.
(a) Only III
(b) I & II
(c) Only II
(d) None of the above
The correct answers to the above question in:
Answer: (c)
Cooperative collective farming, where land is irrevocably surrendered to the collective
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
The National Mission for Saffron has been launched as a sub-scheme of which among the following programmes?
a) National Horticulture Mission
b) National Food Security Mission
c) Rashtriya Krishi Vikas Yojana
d) National Cash Crop Programme
Answer »Answer: (c)
Three new sub-schemes have been introduced under RKVY from 2010-11.
National Mission for Saffron-Economic Revival of J&K Saffron Sector has been provided with special grants.
Question : 2
Which of the following does not form part of current account of Balance of Payments?
a) Income receipts and payments
b) Export and import of goods
c) Export and import of services
d) Capital receipts and payments
Answer »Answer: (d)
Capital receipts and payments do not form part of current account of Balance of Payment.
Question : 3
Which statements regarding wheat production is/ are incorrect?
- Maximum area under wheat is in Uttar Pradesh
- Maximum production is in Uttar Pradesh
- Highest productivity is in Haryana
a) 1 and 2
b) 1 and 3
c) 2 only
d) 3 only
Answer »Answer: (d)
Question : 4
The Rastriya Krishi Vikas Yojana of Government of India envisages the development in the following fields in India:
- Production of Pulses and Oilseeds
- Production of Fodder
- Development of Rainfed areas of India
- Cultivation of Saffron
- Development of Vegetable clusters
a) 1, 3 & 4
b) 1, 2 & 3
c) 1, 3, 4 & 5
d) 1, 2, 3, 4 & 5
Answer »Answer: (d)
Provision of Rs. 9217 crore has been made for this scheme in the Budget of 2012-13. It includes 9 sub-components.
These are:
- a special initiative for pulses and oilseeds development in selected pulses and oilseed growing villages in rain-fed areas,
- the scheme to bridge the yield gap in agriculture in eastern India,
- an initiative on vegetable clusters,
- the accelerated fodder development programme,
- the rain-fed area development programme,
- promotion of oil palm,
- Nutri- cereals,
- national mission for protein supplements and
- saffron mission.
Question : 5
Which one among the following Agricultural Sectors is covered under the Market Intervention Scheme (MIS) of the Indian Government?
a) Irrigation
b) Forestry
c) Horticulture
d) Animal Husbandry
Answer »Answer: (c)
Government implements a Market Intervention Scheme (MIS) at the request of a State/UT Government for the procurement of agricultural and horticultural commodities not covered under the Price Support Scheme.
The MIS is implemented in order to protect the growers of these commodities from making distress sales in the event of the bumper crop when the prices tend to fall below the economic level/cost of production.
Losses, if any, incurred by the procuring agencies are shared by the Central Government and the concerned State Government on a 50:50 basis (75:25 in the case of the North-Eastern States).
However, the amount of loss to be shared between the Central Government and the concerned State Government is restricted to 25% of the value of procurement. Profit, if any, earned by the procuring agencies are retained by them.
Question : 6
Which of the following statement is correct?
- ISOPOM provides flexibility to states in implementation based on a regionally differentiated approach for promoting crop diversification and providing a focus to the programme.
- This scheme is under implementation in the country for the increasing area, production and yield of these crops from 2009-10
- The pulses component was merged with NFSM w.e.f. April 2013.
a) Only II
b) I & II
c) Only I
d) All the above
Answer »Answer: (c)
ISOPOM provides flexibility to states in implementation based on a regionally differentiated approach for promoting crop diversification and providing a focus to the programme.
This scheme is under implementation in the country for the increasing area, production and yield of these crops from 2004- 05.
The pulses component was merged with NFSM w.e.f. April 2010.
GET Agriculture Sector, Subsidy and Food Processing PRACTICE TEST EXERCISES
agriculture sector subsidy & food processing section 1
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agriculture sector subsidy & food processing section 8
agriculture sector subsidy & food processing section 9
agriculture sector subsidy & food processing section 10
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