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

Question : 1

Which among the following gives a justification about the fact that “ Green Revolution has not been green as it made out to be” ?

1. It confined only to wheat
2. It confined to selected areas only
3. It helped only big farmers

a) 1, 2 & 3

b) Only 1

c) 1 & 2

d) 2 & 3

Question : 2

In which five year plan was NABARD was established?

a) Fifth

b) Sixth

c) First

d) Eighth

Question : 3

The Commission of Agricultural Costs and Prices fixes the

a) Wholesale price

b) Support price

c) Retail price

d) None of these

Question : 4

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 : 5

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 : 6

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