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
(a) 1998–1999
(b) 2005–2006
(c) 1995–1996
(d) 2007–2008
The correct answers to the above question in:
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.
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
Consider the following statements:
- Among Fruits, Largest Area under cultivation in India is that of Banana
- Among Fruits, Largest Production is India is that of Mango
a) Both statements are correct
b) Only 1 is correct
c) Only 2 is correct
d) Both statements are incorrect
Answer »Answer: (d)
Question : 2
The importance of agriculture in Indian Economy is indicated by its contribution to which of the following?
a) Industrial development and international trade
b) National income and employment
c) Supply of foodgrains
d) All of the above
Answer »Answer: (d)
The importance of agriculture in Indian Economy is indicated by its contribution to national income, industrial development and supply of foodgrains.
It contributes around 13.7% to GDP, supplies raw materials for the development of industries along with supplying food grains for livelihood.
Question : 3
The importance of agriculture in Indian economy is indicated by its contribution to which of the following?
a) Industrial development and international trade
b) National Income and Employment
c) Supply of food-grains
d) All the above
Answer »Answer: (d)
The importance of agriculture in the Indian Economy is indicated by its contribution to national income, industrial development and supply of foodgrains.
It contributes around 13.7% to GDP, supplies raw material for the development of industries along with supplying foodgrains for livelihood.
Question : 4
Consider the following statements :
- National Agricultural Insurance Scheme (NAIS) was launched in the Sixth Five Year Plan of the Indian Economy.
- The growth rate of the primary sector of the Indian Economy sector never reached 8% during the planning history of Indian economy.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »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 : 5
Intensive Agriculture District Programme (IADP) was started in
a) 1960-61
b) 1961-62
c) 1959-60
d) 1962-63
Answer »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 : 6
What is Cooperative tenant farming?
- Where the society holds the land and leases it to individual members.
- Where land is irrevocably surrendered to the collective.
- 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
Answer »Answer: (c)
In Cooperative tenant farming, the society holds the land and leases it to individual members.
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