agriculture sector subsidy & food processing section 5 MCQ Questions & Answers Detailed Explanation

Question : 1

What is the procurement price?

1. It is the price at which government purchases the crop after harvesting, while MSP is the minimum price at which government declares it will buy the crop.
2. It is that price at which people purchases the crop after harvesting, while MSP is the maximum price at which government declares it will buy the crop
3. It is the price at which people purchase the product from the government

a) Only III

b) Only I

c) II & III

d) None of the above

Question : 2

Which is correct with respect to the second green revolution?

1. It seeks to minimize post-harvest wastage
2. Improve storage and help Indian farmers meet the phytosanitary conditions so that they can participate productively in the global agricultural trade.
3. It is assisted by research undertaken by public institutions such as Universities.
4. It is directed by proprietary research and governed by Intellectual Property Rights.

a) I, II & IV

b) I & II

c) I, II & III

d) All the above

Question : 3

With reference to the agriculture sector of India, consider the following statements

1. Rural Infrastructure Development Fund disperses loans to the states to complete the minor irrigation projects.
2. Rural Infrastructure Development Fund is managed by the public sector Commercial Banks.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Question : 4

Consider the following statements:

1. Accelerated Irrigation Benefit Programme (AIBP) for the 12th Five Year Plan (FYP) has been deferred by CCEA.
2. The programme supports in states to improve the irrigation infrastructure

a) 1 and 2 both

b) 1 only

c) 2 only

d) None

Question : 5

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

Question : 6

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.

a) 2 only

b) 1 only

c) Both 1 and 2

d) Neither 1 nor 2