agriculture sector subsidy & food processing section 4 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 10 EXERCISES
-
500+ Indian Agriculture Sector GK MCQ Quiz For UPSC IAS »
-
Top 500+ Agriculture Sector MCQ Quiz PDF For SSC RRB IBPS »
-
Indian Agriculture Subsidy & Food Processing MCQ Quiz PDF »
-
Top 500+ Indian Agriculture GK Online MCQ Test For IBPS »
-
New 500+ Indian Food Processing & Subsidy GK MCQ Quiz PDF »
-
500+ Agriculture Subsidy & Food Processing GK MCQ For RRB »
-
500+ Indian Agriculture Schemes GK MCQ For IBPS SSC RRB »
-
Top Indian Primary Sector GDP Impacts Issues MCQ Quiz PDF »
-
600+ Indian Agriculture GK Questions and Answers Quiz PDF »
-
New 499+ Food Processing Questions and Answers For IBPS »
The following question based on Agriculture Sector, Subsidy and Food Processing topic of indian economy mcq
- 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
The correct answers to the above question in:
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.
Practice Agriculture Sector, Subsidy and Food Processing (agriculture sector subsidy & food processing section 4) Online Quiz
Discuss Form
Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
Yellow Revolution refers to the production of
a) fish
b) shrimp
c) wool
d) Oil seeds
Answer »Answer: (d)
Yellow revolution refers to the production of oil seeds.
Question : 2
The head office of the National Bank for Agriculture and Rural Development (NABARD) located in
a) Hyderabad
b) Lucknow
c) New Delhi
d) Mumbai
Answer »Answer: (d)
The head office of the National Bank for agriculture and Rural Development (NABARD) is located in Mumbai. It helps farmers access timely and adequate credit.
Question : 3
“Private Entrepreneurs Guarantee Scheme” is related to which of the following?
a) Export promotion
b) Construction of Godowns in PPP mode
c) Construction of Mega Food Parks by private developers
d) Promotion of MSMEs
Answer »Answer: (b)
Private Entrepreneurs Guarantee (PEG) Scheme was formulated in 2008, for construction of storage godowns in Public-Private Partnership (PPP) mode through private entrepreneurs, Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs) to overcome storage constraints and ensure safe stocking of food grains across the country.
Assessment of additional storage capacities required under the scheme is based on the overall procurement/ consumption pattern and storage space already available.
Under the PEG scheme, no funds are allocated by the Central Government for the construction of godowns and full investment is done by the private parties/CWC/State Agencies by arranging their own funds and also the land.
After a godown is constructed and taken over, FCI gives a guarantee of rent for 10 years in the case of private investors and for 9 years in the case of CWC/SWCs/State Agencies, irrespective of the quantum of food grains stored.
Question : 4
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 : 5
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 : 6
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.
GET Agriculture Sector, Subsidy and Food Processing PRACTICE TEST EXERCISES
agriculture sector subsidy & food processing section 1
agriculture sector subsidy & food processing section 2
agriculture sector subsidy & food processing section 3
agriculture sector subsidy & food processing section 4
agriculture sector subsidy & food processing section 5
agriculture sector subsidy & food processing section 6
agriculture sector subsidy & food processing section 7
agriculture sector subsidy & food processing section 8
agriculture sector subsidy & food processing section 9
agriculture sector subsidy & food processing section 10
Agriculture Sector, Subsidy and Food Processing Shortcuts and Techniques with Examples
Verbal Reasoning
Question & Answer Quiz
Non Verbal Reasoning
Question & Answer Quiz
Quantitative Aptitude
Question & Answer Quiz
Computer MCQ
Question & Answer Quiz
General English
Question & Answer Quiz
History GK
Question & Answer Quiz
Polity GK
Question & Answer Quiz
Geography GK
Question & Answer Quiz
Economy GK
Question & Answer Quiz
General Awareness GK
Question & Answer Quiz
Recently Added Subject & Categories For All Competitive Exams
IBPS Clerk Prelims 2024 Synonyms Questions Solved Answers
Most important IBPS Clerk Prelims 2024 Synonyms and Antonyms multiple choice questions and answers with detailed solutions, English vocabulary PDF Download
Continue Reading »
New Cloze Test Questions and Answers PDF - IBPS Clerk 2024
The most important Cloze Test questions with detailed answers for upcoming IBPS Clerk prelims 2024. Latest English verbal ability practice MCQs, PDF
Continue Reading »
Mensuration Aptitude Practice Mcq Questions IBPS Clerk 2024
Most Important Practice Mensuration aptitude multiple choice questions, answers with detailed solutions, PDF beginner to advanced for IBPS Clerk Prelims 2024
Continue Reading »
Top Clock Aptitude Questions and Answers PDF IBPS Clerk 2024
Recent Important IBPS Clerk Prelims 2024 Aptitude Clock MCQ Questions and answers with easy and logical explanation, PDF. Topic wise Free online practice test
Continue Reading »