agriculture sector subsidy & food processing section 3 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 regarding “National Gene Fund”:
  1. It has been established under the Protection of Plant Varieties and Farmers Rights Act 2001
  2. It has been established under the Indian Patent Act of 1970
  3. It will receive benefit-sharing from the breeder
Select the correct answer using the code given below:

(a) (i) & (ii) only

(b) (i) only

(c) (ii) only

(d) (i) & (iii) only

The correct answers to the above question in:

Answer: (d)

As per the Protection of Plant Variety and Farmers Rights Act, 2001 Section 45, “National Gene Fund” has been constituted to receive (or give) contributions from:

The Breeder will have to pay royalty which will go to the National Gene Fund

The amount of the benefit sharing to a variety will have to be deposited by the breeder of such variety to the National Gene Fund.

If someone gives a claim that the genetic material possessed by him was used in the· development of the seed variety by the breeder then the claimant will get benefit sharing from the National Gene Fund

Practice Agriculture Sector, Subsidy and Food Processing (agriculture sector subsidy & food processing section 3) Online Quiz

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

Question : 1

National Agriculture Insurance Scheme replacing comprehensive crop Insurance scheme was introduced in the year

a) 1998

b) 1999

c) 1997

d) 2000

Answer: (b)

In the year 1999, the National Agriculture Insurance Scheme was introduced by replacing the comprehensive crop Insurance Scheme.

NAIS covers all food crops (cereals and pulses), oilseeds, horticultural and commercial crops.

It covers all farmers, both loanees and non-loanees, under the scheme.

Question : 2

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.

  • Blue Revolution - Fish Production
  • Green Revolution - Food grains
  • White Revolution - Milk production
  • Yellow Revolution - Oil seed production

Question : 3

Which one of the following Co-Operative societies is responsible for the production of fertilizers?

a) IFFCO

b) NCDC

c) NAFED

d) TRI FED

Answer: (a)

Indian Farmers Fertilizer Cooperative Ltd (IFFCO) is the cooperative society responsible for the production of fertilizers.

IFFCO was registered on November 3, 1967, as a Multi-unit Co-operative Society.

NCDC: National Co-operative Development Co-operation was established by the Act of parliament in 1963 as a statutory co-operation under the ministry of Agriculture.

Question : 4

Consider the following:

  1. Prevent Black marketing
  2. Trade and earn revenue
  3. Become the sole controller of food grain supply
Which among the above is/ are the primary objective of the government to buy food grains directly from the farmers?

a) Only 2 & 3

b) Only 1

c) Only 1 & 3

d) 1, 2 & 3

Answer: (b)

Question : 5

In the context of the food and nutritional security of India, enhancing the ‘Seed Replacement Rates’ of various crops helps in achieving the food production targets of the future. But what is/are the constraints/ constraints in its wider/greater implementation?

  1. There is no National Seeds Policy in place.
  2. There is no participation of private sector seed companies in the supply of quality seeds of vegetables and planting materials of horticultural crops.
  3. There is a demand-supply gap regarding quality seeds in the case of low value and high volume crops.
Select the correct answer using the code given below.

a) 2 and 3

b) 1 and 2

c) 3 only

d) None

Answer: (c)

We have a National Seed policy made in 2002.

So 1 is not a constraint. The private sector produces high-priced seeds but in lower volume. It supplies nearly the entire hybrid seeds required for vegetables.

So 2 is not a constraint. In the case of low value and high volume crops such as wheat and rice, farmers tend to use their own preserved seeds as there is a demand and supply gap.

So 3 is a constraint.

Question : 6

Consider the following statements:

  1. National Agricultural Insurance Scheme (NAIS) was launched in 1999.
  2. The growth rate of the primary sector of the Indian Economy sector never reached 8% during the planning history of the Indian economy.
Which of the statements given above is/are correct?

a) 1 and 2

b) 1 only

c) 2 only

d) None

Answer: (b)

In the year 1999, the National Agricultural Insurance Scheme was introduced by replacing the Comprehensive Crop Insurance Scheme.

NAIS covers all food crops (cereals and pulses), oilseeds, horticultural and commercial crops. It covers all farmers, both loanees and non-loanees, under the scheme.

The growth rate of the primary sector reached above 8% with the green revolution.

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