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 : 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

The correct answers to the above question in:

Answer: (a)

The Blue Revolution is similar to the Green Revolution only that it deals with aquaculture, fish and water preservation for human use.

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

Question : 1

Which statement is correct according to the growth and productivity of agriculture?

  1. 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
  2. The total gross irrigated area now is 40 million hectares.
  3. 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: (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 : 2

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: (a)

The Blue Revolution is similar to the Green Revolution only that it deals with aquaculture, fish and water preservation for human use.

Question : 3

The minimum support price and procurement prices for agriculture products are fixed by the government on the recommendations of

a) National Development Council

b) Planning Commission

c) Competition Commission of India

d) Commission for Agricultural Costs and Prices (CACP)

Answer: (d)

The Commission for Agricultural Costs & Prices (CACP) came into existence in January 1965.

Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices.

The minimum support prices are announced by the Government of India at the beginning of the sowing season for certain crops on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP).

Question : 4

The Commission of Agricultural Costs and Prices fixes the

a) Wholesale price

b) Support price

c) Retail price

d) None of these

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.

Question : 5

In which five year plan was NABARD was established?

a) Fifth

b) Sixth

c) First

d) Eighth

Answer: (b)

NABARD was established in Sixth Five Year Plan.

Question : 6

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
Choose the correct options:

a) 1, 2 & 3

b) Only 1

c) 1 & 2

d) 2 & 3

Answer: (c)

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