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
(a) Wholesale price
(b) Support price
(c) Retail price
(d) None of these
The correct answers to the above question in:
Answer: (b)
The Commission of Agricultural Costs & Prices (CACP since 1985, earlier named as Agricultural Prices Commission) came into existence in January 1965.
It is mandated to recommend minimum support prices (MSPs) to incentivize the cultivators to adopt modern technology and raise productivity and overall grain production in line with the emerging demand patterns in the country.
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
Which one of the following is correctly matched? Revolution Sector
a) Blue : Fisheries
b) Rainbow : Industry
c) Yellow : Agriculture and Allied Services
d) None of the above
Answer »Answer: (a)
The Blue Revolution is similar to the Green Revolution only that it deals with aquaculture, fish and water preservation for human use.
Question : 2
Which statement is correct according to the growth and productivity of agriculture?
- The total irrigated area increased from less than one million hectares per annum before the green revolution to about 2.5 million hectares per annum during the 1970’s
- The total gross irrigated area now is 40 million hectares.
- The yield per hectare of food grains has shown remarkable increase in the pre Green Revolution period.
a) I & III
b) Only I
c) I & II
d) None of the above
Answer »Answer: (b)
The total irrigated area increased from less than one million hectares per annum before the green revolution to about 2.5 million hectares per annum during the 1970’s. The total gross irrigated area now is 80 million hectares.
Question : 3
Which one of the following is correctly matched? Revolution Sector
a) Blue : Fisheries
b) Yellow : Agriculture and Allied Services
c) Rainbow : Industry
d) None of the above
Answer »Answer: (a)
The Blue Revolution is similar to the Green Revolution only that it deals with aquaculture, fish and water preservation for human use.
Question : 4
In which five year plan was NABARD was established?
a) Fifth
b) Sixth
c) First
d) Eighth
Answer »Answer: (b)
NABARD was established in Sixth Five Year Plan.
Question : 5
Which among the following gives a justification about the fact that “ Green Revolution has not been green as it made out to be” ?
- It confined only to wheat
- It confined to selected areas only
- It helped only big farmers
a) 1, 2 & 3
b) Only 1
c) 1 & 2
d) 2 & 3
Answer »Answer: (c)
Question : 6
Consider the following statements
- Farm Income Insurance Scheme at the beginning covered only rice and wheat crops.
- National Agricultural Insurance Scheme is withdrawn from the crops which are covered under the Farm Income Insurance Scheme.
a) Only 2
b) Only 1
c) Both 1 and 2
d) Neither 1 nor 2
Answer »Answer: (c)
Farm Income Insurance Scheme was designed to provide a comprehensive crop insurance cover to farmers against loss in farm income due to fluctuations in yield and price, the scheme was adopted as a pilot project in respect of paddy and wheat at a block each in 25 States.
Implemented by the National Insurance Company, the scheme carried a subsidy of 75 per cent on the premium, given by the Union Government in respect of small and marginal farmers and 50 per cent in respect of others.
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Agriculture Sector, Subsidy and Food Processing Shortcuts and Techniques with Examples
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