agriculture sector subsidy & food processing section 2 MCQ Questions & Answers Detailed Explanation

Question : 1

What are the functions of NABARD?

1. It is associated with the policy, planning, operation and even monitoring levels for providing agricultural credit.
2. Its primary task is to function as a refinancing institution for all types of lending for agricultural and rural development.
3. In addition to this, it provides term credit to state cooperative banks, regional rural banks, land development banks and state governments (only for share capital contribution to cooperative credit societies).

a) II & III

b) Only I

c) I & II

d) All the above

Question : 2

Which one of the following agencies assigns the Agricultural Income Tax to states in India?

a) National Development Council

b) Inter – State council

c) Agriculture Finance Corporation

d) Finance commission

Question : 3

Which of the fallowing are responsible for the decrease of per capita holding of cultivated land in India?

1. Low per capita income.
2. Rapid rate of increase of population.
3. Practice of dividing land equally among the heirs.
4. Use of traditional techniques of ploughing.

a) 1 and 4

b) 1 and 2

c) 2 and 3

d) 2, 3 and 4

Question : 4

Which one of the following agencies is not included in the operation of the Kisan Credit Cards?

a) Co-operative Banks

b) Scheduled Commercial Banks

c) Regional Rural Banks

d) NABARD

Question : 5

Indian poverty is said to be predominantly rural. Yet the problem of urban poverty appears to have reached unmanageable proportions. The paradox is explained by:

1. greater visibility of urban poverty
2. migration of rural population to urban areas
3. seasonality of agricultural operations
4. the cycle of drought and floods

a) 1 and 4

b) 1 only

c) 1 and 2

d) All of these

Question : 6

Which of the following state is/are included under the Oil Palm Development Programme under ISOPOM ?

a) Gujarat

b) Tripura

c) Tamil Nadu

d) All of the above