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
- 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
The correct answers to the above question in:
Answer: (d)
Practice Agriculture Sector, Subsidy and Food Processing (agriculture sector subsidy & food processing section 2) Online Quiz
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
Which is not a source of Agriculture finance in India?
a) Commercial Banks
b) Co-operative societies
c) Regional Rural Banks
d) None of these
Answer »Answer: (d)
Co-operative societies, Commercial Banks and Regional Rural Banks are sources of agriculture finance in India.
They provide finance under various schemes run by central government and state governments to purchase seeds, implements, fertilizer, pesticides etc.
Question : 2
Which one of the following is not included in the Agriculture and Allied Services of Indian Economy?
a) Forestry
b) Fishing
c) Logging
d) Food Processing
Answer »Answer: (d)
Agriculture and allied sectors are considered to be the mainstay of the Indian economy.
They are the important source of raw material and demand for many industrial products, particularly fertilizers, pesticides, agricultural implements and a variety of consumer goods. They contribute nearly 22 per cent of the Gross Domestic Product (GDP) of India.
About 65-70 per cent of the population is dependent on agriculture for their livelihood.
The ‘Agriculture and allied’ industry is further divided into several segments, namely:
- horticulture and its allied sectors (including fruits and vegetables, flowers, plantation crops, spices, aromatic and medicinal plants);
- fisheries sector;
- animal husbandry and livestock;
- and sericulture.
India’s varied agro-climatic conditions are highly favourable for the growth of the large number of horticultural crops, which occupy around 10 per cent of the gross cropped area of the country producing 160.75 million tonnes.
However, food processing does not fall under this category.
Question : 3
What are the factors that have a definite impact on investment in agriculture?
- Size of holdings
- The pattern of ownership
- The method of inheritance and security of tenure
a) All the above
b) Only I
c) I & II
d) None of the above
Answer »Answer: (a)
Factors like the size of holdings, the pattern of ownership, the method of inheritance and security of tenure have a definite impact on investment in agriculture.
Question : 4
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 : 5
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 : 6
What is Cooperative collective farming?
- 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
Answer »Answer: (c)
Cooperative collective farming, where land is irrevocably surrendered to the collective
GET Agriculture Sector, Subsidy and Food Processing PRACTICE TEST EXERCISES
agriculture sector subsidy & food processing section 1
agriculture sector subsidy & food processing section 2
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agriculture sector subsidy & food processing section 9
agriculture sector subsidy & food processing section 10
Agriculture Sector, Subsidy and Food Processing Shortcuts and Techniques with Examples
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