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

Question : 1

Which among the following is an example of Green Field Investment?

a) Investment made by a company in a new factory complex in a remote land of the country where there was no facilities

b) Investment made by a real estate company in agriculture land to develop it later when the land prices increase

c) Investment made by a company to clean up a cement factory located in populated area because of its pollution and using it for a commercial office purpose

d) Investment made by a company to clean up a cement factory located in populated area because of its pollution and using it for a residential purpose

Question : 2

On which of the following item groups, is the share of food expenditures increasing at the fastest rate in India?

a) Pulses

b) Milk and its Products

c) Cereals

d) Vegetables

Question : 3

Consider the following statements :

1. In India, the Nutrient Based Subsidy (NBS) policy for fertilizers was implemented in 2010.
2. The Nutrient Based Subsidy (NBS) policy for fertilizers is applied only to Phosphorus based fertilizers.

a) 2 only

b) 1 only

c) Both 1 and 2

d) Neither 1 nor 2

Question : 4

National Horticulture Mission started in

a) 2005-06

b) 2006-07

c) 2003-04

d) 2008-09

Question : 5

Consider the following statements :

1. India is the 6th largest producer of coffee.
2. India’s share in Global Area under coffee is about 2%.
3. India contributes about 4% to world coffee production as well as in the International trade.

a) 1 and 2

b) 1 only

c) 2 only

d) 1, 2 and 3

Question : 6

Consider the following statements about the Agriculture Income Tax

1. Agriculture Income Tax is levied and collected by the Union Government.
2. Agriculture Income Tax is levied throughout the country in India.

a) Both 1 and 2

b) 1 only

c) 2 only

d) Neither 1 nor 2