agriculture sector subsidy & food processing section 6 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 : Consider the following statements :
  1. India is meeting 85% of the urea fertilizer through indigenous production.
  2. India produces a surplus amount of fertilizers containing phosphorous and potassium.
Which of the statements given above is/are correct?

(a) 1 and 2

(b) 1 only

(c) 2 only

(d) None

The correct answers to the above question in:

Answer: (b)

In the given statements, India is meeting 85% of the urea fertilizer through indigenous production is correct.

However, we are deficient in phosphatic and potassic resources and around 90% is imported.

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

Question : 1

Consider the following statements:

  1. National Bamboo Mission is implemented by the Division of Horticulture
  2. The National Bamboo Mission is a 50:50 centrally and state sponsored scheme.
Which of the statements given above is/are correct?

a) 1 and 2

b) 1 only

c) 2 only

d) None

Answer: (b)

The National Bamboo Mission is a centrally sponsored scheme, in which the contribution of the Central government will be 100%.

The Scheme is implemented by the Division of Horticulture under the Department of Agriculture and Cooperation in the Ministry of Agriculture.

Question : 2

What are short term loans?

  1. These are provided for a period of fewer than 15 months to meet our expenses of routine farming and domestic consumptions.
  2. These are provided for a period of 15 months to 5 years to purchase agricultural types of equipment, animals and for land improvements.
  3. These are provided for a period of more than 5 years.

a) Only III

b) Only II

c) Only I

d) None of the above

Answer: (c)

These are provided for a period of fewer than 15 months to meet our expenses of routine farming and domestic consumptions.

Question : 3

Consider the following statements :

  1. Regional Rural Banks grant direct loans and advances to marginal farmers and rural artisans.
  2. NABARD is responsible for laying down policies and to oversee the operations of the RRBs.
Which of the statements given above is/are correct?

a) Both 1 and 2

b) 1 only

c) 2 only

d) Neither 1 nor 2

Answer: (a)

National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India.

It was established on 12 July 1982 in the sixth five year plan and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture and rural non-farm sector and laying down policies and to oversee the operations of the RRBs.

Moreover, Regional Rural Banks grant direct loans and advances to marginal farmers and rural artisans. So both statements are correct.

Question : 4

First Agricultural University in India was established in

a) Kanpur

b) Jabalpur

c) Faizabad

d) Pant Nagar

Answer: (d)

G. B. Pant University of Agriculture and Technology (GBPUA&T, Pant Nagar,Uttara Khand) is the first agricultural university of India. It was inaugurated by Jawahar Lal Nehru on 17 November 1960.

Question : 5

During which of the following years, average growth/rate (at constant prices) of agriculture and allied sectors negative?

a) 2003-04

b) 2005-06

c) 2002-03

d) 2006-07

Answer: (c)

During 2002-03, average growth rate of agriculture and allied sectors negative.

Question : 6

Consider the following statements :

  1. In the Eleventh Five Year Plan, the average foodgrains production was more than 200 million tonnes.
  2. The main reason for the increase in the production of the coarse cereals in 2000s is mainly due to increase in demand of coarse cereals as a nutri-food.
Which of the statements given above is/are correct?

a) 2 only

b) 1 only

c) Both 1 and 2

d) Neither 1 nor 2

Answer: (c)

In the Eleventh Five Year Plan, the average foodgrains production was more than 200 million tonnes, and during 2000s production of the coarse cereals increased mainly due to increase in demand of coarse cereals as a nutri-food.

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