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
(a) 30%
(b) 40%
(c) 20%
(d) 52%
The correct answers to the above question in:
Answer: (d)
Agriculture, diary, horticulture and related occupations alone employ 52 percent of labour in India.
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
Which of the following is correct regarding Rashtriya Krishi Vikas Yojana?
- RKVY was launched in 2007-08
- The aim was to incentivize states to enhance investment in agriculture and allied sectors to achieve a 4% growth rate.
- The government has approved the continuation of the RKVY scheme in the 12th plan whereby the funding will be routed into three components- production growth, infrastructure and assets, and sub-schemes and Flexi-fund.
a) All the above
b) Only I
c) Only II
d) None of the above
Answer »Answer: (a)
RKVY was launched in 2007-08 for the 11th plan to incentivize states to enhance investment in agriculture and allied sectors to achieve a 4% growth rate.
The government has approved the continuation of the RKVY scheme in the 12th plan whereby the funding will be routed into three components production growth, infrastructure and assets, and sub-schemes and Flexi-fund.
Question : 2
What is the WTO Agreement on Agriculture (AoA)?
- It permitted the developed countries to continue to provide farm subsidies but under certain restrictions.
- It permitted the developing countries to continue to provide farm subsidies but under certain restrictions.
- It does not permit the developed countries to continue to provide farm subsidies.
a) Only II
b) Only III
c) Only I
d) None of the above
Answer »Answer: (c)
The WTO Agreement on Agriculture (AoA), 1995 permitted the developed countries to continue to provide farm subsidies, but under certain restrictions
Question : 3
Pink revolution is related to
a) Oil seeds
b) Milk
c) Shrimp
d) Wool
Answer »Answer: (c)
Question : 4
Which one of the following is not included in the Agriculture and Allied Services of Indian Economy?
a) Forestry
b) Logging
c) Fishing
d) Food Processing
Answer »Answer: (d)
Agriculture (crops) and allied sectors are like forestry, logging and fishing. Food processing is not included in the Agriculture and allied services of the Indian Economy.
Question : 5
Consider the following statements:
- Indian government announces the minimum support price for 10 agricultural commodities for each Kharif and Rabi crop in a year.
- The common paddy has a higher minimum support price than the paddy grade-A.
a) 1 and 2 both
b) 1 only
c) 2 only
d) None
Answer »Answer: (d)
Minimum support prices fixed by Government (Rs./Quintal) in 2015-16 covers 25 agricultural commodities
i.e., 14 Kharif, 7 Rabi and 4 other crops. Common paddy has Rs. 1410/quintal & Grade A has Rs. 1450/quintal.
Question : 6
What is Rashtriya Krishi Vikas Yojana?
- Mission To increase the production of rice, wheat and pulses by 10, 8 and 2 million tonnes respectively.
- To enhance investment in agriculture and allied sectors to achieve a 4% growth rate.
- For the promotion of holistic growth of horticulture sector, including fruits, vegetables, root and tuber crops, mushroom, spices, flowers, aromatic plants, cashew and cocoa.
- Provides flexibility to states in implementation based on a regionally differentiated approach for promoting crop diversification and providing a focus to the programme.
a) IV
b) II
c) III
d) I
Answer »Answer: (b)
RKVY was launched in 2007-08 for the 11th plan to incentivize states to enhance investment in agriculture and allied sectors to achieve 4% growth rate.
The government has approved the continuation of the RKVY scheme in the 12th plan whereby the funding will be routed into three components production growth, infrastructure and assets, and sub-schemes and Flexi-fund.
GET Agriculture Sector, Subsidy and Food Processing PRACTICE TEST EXERCISES
agriculture sector subsidy & food processing section 1
agriculture sector subsidy & food processing section 2
agriculture sector subsidy & food processing section 3
agriculture sector subsidy & food processing section 4
agriculture sector subsidy & food processing section 5
agriculture sector subsidy & food processing section 6
agriculture sector subsidy & food processing section 7
agriculture sector subsidy & food processing section 8
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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