agriculture sector subsidy & food processing section 5 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 : The Rural Infrastructure Development Fund (RIDF), which is used by the state governments to develop infrastructure in rural areas, is managed by which among the following?

(a) RBI

(b) IDBI

(c) NABARD

(d) Rural Ministry of India

The correct answers to the above question in:

Answer: (c)

Practice Agriculture Sector, Subsidy and Food Processing (agriculture sector subsidy & food processing section 5) Online Quiz

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

Question : 1

Which sector is the backbone of Indian economy?

a) Financial Sector

b) Tourism Sector

c) Service Sector

d) Agriculture Sector

Answer: (d)

Agriculture is the pillar of the Indian economy because of its high share in employment and livelihood creation.

Question : 2

Consider the following statements :

  1. National Project for Cattle and Buffalo Breeding (NPCBB) was started for genetic improvement.
  2. National Project for Cattle and Buffalo Breeding (NPCBB) was launched in 2000.
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: (c)

Government of India has initiated a major programme ‘National Project for Cattle and Buffalo Breeding’ (NPCBB) from October 2000.

The NPCBB envisages genetic upgradation on a priority basis with a focus on the development and conservation of important indigenous breeds.

Question : 3

Which one among the following Agricultural sectors is covered under the market Intervention scheme (MIS) of the Indian Government?

a) Irrigation

b) Forestry

c) Horticulture

d) Animal Husbandry

Answer: (c)

The Market Intervention Scheme (MIS)is an Adhoc scheme under which horticultural commodities and other agricultural commodities falls which are perishable in nature and are not covered under the minimum price support scheme.

Question : 4

Which of the statement is true?

  1. Co-operative farming had been advocated by Mahatma Gandhi as far back as 1942.
  2. The phenomenon of the Green Revolution in India led to an increase in yields due to improved agronomic technology.
  3. The third Green Revolution is called Gene Revolution
  4. The first phase of the green revolution included the introduction of high-yielding varieties of crops and the application of modern agricultural techniques

a) II & III

b) I, II & III

c) I & III

d) I, II & IV

Answer: (d)

Question : 5

Match List I with List II and select the correct answer using the codes given below the lists.

List I List II
A. The Technology Mission on Oil Seeds 1. 1998
B. The National Agriculture Insurance Scheme 2. 2004
C. The Kisan Credit Card Scheme 3. 1999-2000
D. Kisan Call Centre 4. 1986
Choose the correct option. A B C D

a) 4 3 1 2

b) 2 4 3 1

c) 2 3 4 1

d) 1 3 2 1

Answer: (a)

The Technology Mission on Oil Seeds was launched by the central government in 1986.

The National Agriculture Insurance Scheme was launched from 1999–2000.

The Kisan Credit Card Scheme was launched in August 1998,

Kisan Call Centre was launched in January 2004.

Question : 6

The commission in India dealing with minimum support price, procurement price etc., in connection with agricultural goods is the

a) Agricultural costs and price commission

b) Planning commission

c) Agricultural price commission

d) National marketing commission

Answer: (c)

The Agricultural Prices Commission was set up in January 1965 to advise the Government on the price policy of major agricultural commodities with a view to evolving a balance and integrated price structure in the perspective of the overall needs of the economy and with due regard to the interests of the producer and the consumer.

Since March 1985, the Commission has been known as Commission for Agricultural Costs and Prices.

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