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) Industrial development and international trade
(b) National Income and Employment
(c) Supply of food-grains
(d) All the above
The correct answers to the above question in:
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.
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
Consider the following statements regarding electronic National Agriculture Market (e-NAM)
- It will ensure that the people get the agri-commodities at the same price over the entire country
- Farmers can sell their agri-produce through e-NAM sitting at their homes without bringing it in the physical APMC mandis
a) Both (i) & (ii)
b) (i) only
c) (ii) only
d) Neither (i) nor (ii)
Answer »Answer: (d)
In an e-NAM sales, traders from all over India could bid and whoever quotes the highest price, the farmer can sell his produce to that trader (it may be across the state).
Then farmer will receive the payment in his account and then only the trader can take the physical product from the mandi. The transportation charge will be on the trader's account.
(Because of the transportation cost involved, e-NAM would not be able to ensure that the people get the agro commodity at the same price across the country. E-NAM will help that the farmers get the same price across different mandis).
Even if a farmer wants to sell his products online through e-NAM, presently, he needs to take the product in physical APMC mandi and then log in to the online portal. Govt is working on the modalities so that the farmers will be able to sell their produce online sitting at their home through their mobile with their physical produce at home, but it may take a year or more.
But on 2nd April 2020, new features were enabled in e-NAM through which:
Farmers stocking their produce in registered warehouses and having Electronic Negotiable Warehouse Receipts (e-NWR), will be able to trade on e-NAM without physically bringing their produce in the APMC mandis.
FPOs can trade their produce on e-NAM, from their collection centre without bringing the produce to APMC mandi.
Question : 2
Consider the following statements :
- India ranks first in the world in dairy milk production.
- The per capita availability of dairy milk in India is more than the per capita availability of the world.
a) 2 only
b) Both 1 and 2
c) 1 only
d) Neither 1 nor 2
Answer »Answer: (b)
The Indian dairy sector has acquired substantial growth momentum from the Ninth Five-Year Plan onwards, as a result of which the country now ranks first among the world’s milk-producing nations.
The per capita availability of milk has reached a level of 337g per day in the year 2017, which is more than the world average of 229g per day.
Question : 3
Which of the following statements about the Livestock sector in India is/are correct?
- Livestock contributed about 25 per cent of gross value added to agriculture
- It provides self-employment to a large segment of the population
- The rapid growth of the livestock sector can be egalitarian and inclusive
a) 1 and 2 only
b) 2 and 3 only
c) 3 only
d) 1, 2 and 3
Answer »Answer: (d)
Livestock sector employs 8% of the total labour force of India. It includes many small and marginal families, women and landless agricultural workers.
Out of the total agricultural GDP, the livestock sector contributed about 27% during the financial year 2012-13.
Question : 4
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 : 5
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 : 6
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 »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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