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) Hyderabad
(b) Lucknow
(c) New Delhi
(d) Mumbai
The correct answers to the above question in:
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.
Practice Agriculture Sector, Subsidy and Food Processing (agriculture sector subsidy & food processing section 4) Online Quiz
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
“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 : 2
Among the items of export of agricultural and allied products from India during the year 2005- 06, which one of the following was the highest in the value?
a) Coffee
b) Rice
c) Tea
d) Marine products
Answer »Answer: (b)
Question : 3
Recently the term “Economic Threshold Limit” was there in the news. It is related to which of the following?
a) Pest management for crops
b) Potential GDP growth
c) Capacity utilization of the economy
d) Underground water level
Answer »Answer: (a)
In integrated pest management, Economic Threshold Limit is the insect’s population level or extent of crop damage at which the value of the damaged crops exceeds the cost of controlling the pests.
Central Institute of Cotton Research (CICR), Nagpur, in June 2019 said that the Pink Bollworm infestation on cotton crops has crossed the “Economic Threshold limit” in some parts of Maharashtra.
Question : 4
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 : 5
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 : 6
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.
GET Agriculture Sector, Subsidy and Food Processing PRACTICE TEST EXERCISES
agriculture sector subsidy & food processing section 1
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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
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