agriculture sector subsidy & food processing section 3 MCQ Questions & Answers Detailed Explanation

Question : 1

Which one of the following pairs is not correctly matched?

a) Social Security Measures – Bharat Nirman

b) Rural Credit – NABARD

c) Industrial Finance – SIDBI

d) Rural Employment – SJSRY

Question : 2

Consider the following statements: India continues to be dependent on imports to meet the requirement of oilseeds in the country because

1. farmers prefer to grow foodgrains with highly remunerative support prices.
2. most of the cultivation of oilseed crops continues to be dependent on rainfall
3. oils from the seeds to tree origin and rice bran have remained unexploited
4. it is far cheaper to import oilseeds than to cultivate the oilseed crops

a) 3 and 4

b) 1 and 2

c) 1, 2 and 3

d) 1, 2, 3 and 4

Question : 3

Consider the following statements:

1. Most of the wool produced in India is not enough to fulfil demand of the country
2. Most of the wool produced in India is not of apparel grade

a) Both 1 and 2 are correct

b) Only 1 is correct

c) Only 2 is correct

d) Neither 1 nor 2 is correct

Question : 4

What is the WTO Agreement on Agriculture (AoA)?

1. It permitted the developed countries to continue to provide farm subsidies but under certain restrictions.
2. It permitted the developing countries to continue to provide farm subsidies but under certain restrictions.
3. 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

Question : 5

Which of the following is correct regarding Rashtriya Krishi Vikas Yojana?

1. RKVY was launched in 2007-08
2. The aim was to incentivize states to enhance investment in agriculture and allied sectors to achieve a 4% growth rate.
3. 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

Question : 6

Agriculture sector directly employs one of the following percentages of labour force in India

a) 30%

b) 40%

c) 20%

d) 52%