agriculture sector subsidy & food processing section 4 MCQ Questions & Answers Detailed Explanation

MOST IMPORTANT indian economy mcq - 10 EXERCISES

Top 30,000+ Indian Economy Memory Based Exercises

The following question based on Agriculture Sector, Subsidy and Food Processing topic of indian economy mcq

Questions : What will be the ultimate impact on the poor and landless farmers if all of a sudden, government decides to raise the Minimum Support Prices of rice & foodgrains inexorably or excessively?

(a) The markets will crash

(b) The poor farmers will become rich

(c) The poor farmers will get poorer

(d) This will encourage the exports of rice and food grains

The correct answers to the above question in:

Answer: (c)

Practice Agriculture Sector, Subsidy and Food Processing (agriculture sector subsidy & food processing section 4) Online Quiz

Discuss Form

Valid first name is required.
Please enter a valid email address.
Your genuine comment will be useful for all users! Each and every comment will be uploaded to the question after approval.

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

Question : 1

Consider the following statements:

  1. Coconut Palm Insurance Scheme (CPIS) is implemented in the Kerala, Karnataka and Tamil Nadu on Pilot basis.
  2. Coconut Palm Insurance Scheme (CPIS) is started implementing since 2009–10. 3. 50% subsidy in premium is provided by Government of India and 25% by the concerned state government.
Which of the statements given above is/are correct?

a) 2 and 3 only

b) 1 only

c) 2 only

d) 1, 2 and 3

Answer: (a)

A pilot Coconut Palm Insurance Scheme (CPIS) was introduced in 2009–10 for the benefit of coconut growers in major coconut growing states –

  1. Kerala,
  2. Karnataka,
  3. Tamil Nadu,
  4. Goa,
  5. Andhra Pradesh,
  6. West Bengal and
  7. Maharashtra.

Coconut plants of the age from 4th year to 60th year are covered. Insurance coverage is provided for total loss/death/ becoming useless of the plant.

50% subsidy in premium is provided by the Government of India and 25% by the concerned state government.

Question : 2

Which statement is correct regarding Evergreen Revolution?

  1. The emphasis in this revolution is on sustainable agriculture by means of organic and green agriculture.
  2. Dr. MS Swaminathan gave this concept
  3. It includes the use of integrated pest management, nutrient supply and resource management.

a) Only III

b) I & II

c) Only II

d) All the above

Answer: (d)

The emphasis in this revolution is on sustainable agriculture by means of organic and green agriculture. Dr. MS Swaminathan gave this concept. It includes the use of integrated pest management, nutrient supply and resource management.

Question : 3

Consider the following statements:

  1. Both Coffee and Tea prefer slightly acidic Soiloth
  2. Coffee and Tea show winter dormancy
Which among the above statements is / are correct?

a) Both 1 and 2 are correct

b) Only 1 is correct

c) Only 2 is correct

d) Neither 1 nor 2 is / are correct

Answer: (b)

Question : 4

Which one of the following schemes is not included in the Rashtriya Krishi Vikas Yojana (RKVY)?

a) Saffron mission

b) National mission for protein supplements

c) Accelerated fodder development programme

d) All of the above

Answer: (d)

Rashtriya Krishi Vikas Yojana was launched in August 2007 as a part of the 11th Five Year Plan by the Government of India.

Launched under the aegis of the National Development Council, it seeks to achieve 4% annual growth in agriculture through the development of Agriculture and its allied sectors during the period under the 11th Five Year Plan (2007–11).

Question : 5

The Minimum Support Price and procurement prices for agriculture products are fixed by the Government on the recommendations of

a) National Development Council

b) Planning Commission

c) Competition Commission of India

d) Commission for Agricultural Costs and Prices (CACP)

Answer: (d)

The Commission for Agricultural Costs & Prices (CACP) came into existence in January 1965.

Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices.

The minimum support prices are announced by the Government of India at the beginning of the sowing season for certain crops on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP).

Question : 6

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
Which among the above statements is are correct?

a) Both 1 and 2 are correct

b) Only 1 is correct

c) Only 2 is correct

d) Neither 1 nor 2 is correct

Answer: (a)

Recently Added Subject & Categories For All Competitive Exams

SSC STENO: Time & Work Questions Solved Problems with PDF

Free Time and work Aptitude-based Practice multiple questions with solutions, Quiz series, Mock Test & Downloadable PDF for SSC Steno (Grade C & D) 2024 Exam

27-Apr-2024 by Careericons

Continue Reading »

SSC STENO 2024: Free Reading Comprehension MCQ Test PDF

Top Reading Comprehension English Section-wise multiple choice questions and answers, Full Mock Test Series & Online Quiz for SSC Steno Grade C & D 2024 Exam

26-Apr-2024 by Careericons

Continue Reading »

Free Percentage Questions Answers for SSC STENO 2024 Exam

Important Top Percentage Aptitude-based multiple choice questions and answers practice quiz series, Online Mock Test PDF for SSC Steno Grade C & D 2024 Exam

25-Apr-2024 by Careericons

Continue Reading »

Free Antonyms (English) MCQ Test for SSC STENO 2024 Exam

Top Antonyms General English Section-based multiple choice questions and answers, Free Full Test Series & Online Quiz PDF for SSC Steno Grade C & D 2024 Exam

24-Apr-2024 by Careericons

Continue Reading »