agriculture sector subsidy & food processing section 4 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 : What is Cooperative tenant farming?
  1. Where the society holds the land and leases it to individual members.
  2. Where land is irrevocably surrendered to the collective.
  3. Where the farmers pool their land and reap the economies of scale, although the ownership continues to remain with the individual farmer.

(a) Only III

(b) I & II

(c) Only I

(d) None of the above

The correct answers to the above question in:

Answer: (c)

In Cooperative tenant farming, the society holds the land and leases it to individual members.

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

Question : 1

Intensive Agriculture District Programme (IADP) was started in

a) 1960-61

b) 1961-62

c) 1959-60

d) 1962-63

Answer: (a)

The Intensive Agriculture District Programme (IADP) was launched as the first major experiment in intensive agriculture development in the year 1960.

The intensive Agriculture Development program (IADP) was the first major experiment of the Indian government in the field of agriculture and it was also known as a “package programme” as it was based upon the package approach.

The core philosophy was to provide loans for seeds and fertilizers to farmers.

Question : 2

Consider the following statements :

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

a) 2 only

b) 1 only

c) Both 1 and 2

d) Neither 1 nor 2

Answer: (d)

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. Both the given statements are not correct.

Question : 3

When was the Kisan Credit Card schemes for the farmers started in India?

a) 1998–1999

b) 2005–2006

c) 1995–1996

d) 2007–2008

Answer: (a)

A Kisan Credit Card is a credit card to provide affordable credit for farmers. It was started by the Reserve Bank of India (RBI), and National Bank for Agricultural and Rural Development (NABARD) in 1998–99 to help farmers access timely and adequate credit.

Question : 4

Which among the following is largest producer of wheat in India?

a) Uttar Pradesh

b) Punjab

c) Rajasthan

d) Madhya Pradesh

Answer: (a)

Question : 5

Consider the following statements

  1. The recent decision of Government of India to partially decontrol the sugar industry gives the millers the freedom to sell sugar in open market and removes their obligation to supply sugar at subsidised rates to ration shops.
  2. C. Rangarajan panel also suggested decontrolling of sugar industry in India.
Which of the statements given above is/ are correct?

a) Both 1 and 2

b) Only 1

c) Only 2

d) Neither 1 nor 2

Answer: (a)

The decision to partially decontrol the sugar sector was taken by the Cabinet Committee on Economic Affairs (CCEA).

This gives millers the freedom to sell in the open market and remove their obligation to supply the sweetener at subsidised rates to ration shops.

The Rangarajan Committee has recommended total decontrol of the sugar industry by doing away with the levy sugar obligation, release mechanism and freeing of export-import.

Question : 6

What is the contribution of livestock in agricultural sector?

a) 15%

b) 5%

c) 25%

d) 10%

Answer: (c)

Livestock contributes 25 per cent of gross value added in the agriculture sector and provides self-employment to about 21 million people.

Growth of livestock output averaged 4.8 per cent per annum during the Eleventh Plan recovering from an average of 3.6 per cent in the Ninth and the tenth Plans.

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