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
- Minimum Export Price (MEP) is the price below which exports are not permitted
- MEP is imposed to curb the price rise and prevent disruptions in domestic supply
- Minimum Import Price (MIP) is the price below which imports are not allowed
- MIP is imposed to curb imports and protect domestic producers
(a) (ii), (iii) & (iv) only
(b) (i) & (iii) only
(c) (ii) & (iii) only
(d) All of the above
The correct answers to the above question in:
Answer: (d)
Practice Agriculture Sector, Subsidy and Food Processing (agriculture sector subsidy & food processing section 6) Online Quiz
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
Gray Revolution belongs to
a) Milk
b) Oil seeds
c) Fish
d) Fertilizers
Answer »Answer: (d)
Gray revolution - Fertilizers.
Question : 2
Consider the following statements :
- Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.
- The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India.
a) Both 1 and 2
b) 1 only
c) 2 only
d) Neither 1 nor 2
Answer »Answer: (a)
The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India.
Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.
Question : 3
Which among the following commodity come under the preview of Open Market Sale Scheme of the Government of India to maintain a minimum buffer stock for meeting the unforeseen exigencies like drought, flood and other natural calamities and also for providing food grains required for Public Distribution System and the other food grain based welfare programmes of the Government?
a) Wheat & Rice
b) Wheat only
c) Wheat , Rice and Pulses
d) Wheat , Rice and Oilseeds
Answer »Answer: (a)
Question : 4
Which one of the following apex co-operative organisation at the national level of India?
a) NAFED
b) TRIFED
c) FCS
d) RRBs
Answer »Answer: (a)
The Tribal Cooperative Marketing Development Federation of India Limited (TRIFED) started functioning in 1988 under the Administrative control of the Ministry of Tribal Affairs, Govt. of India. FCS is the food and supplies department. RRB is a regional rural bank.
All the above three are not apex bodies at the national level. However National Agricultural cooperative Marketing Federation of India Ltd. (NAFED) is one of the Central Nodal Agencies and apex bodies that implement PSS.
Question : 5
Consider the following statements:
- Commercial banks have the highest share in the disbursement of credit to agriculture and allied activities.
- The commercial banks disburse around 90% credit.
a) 1 and 2 both
b) 1 only
c) 2 only
d) None
Answer »Answer: (b)
In India, commercial banks have the highest share in the disbursement of credit to agriculture and allied activities. The commercial banks disburse around 60% credit followed by cooperative banks around 30% and RRB and others.
Question : 6
The Green Revolution in India has contributed to
a) inter-class inequality
b) inter-crop inequality
c) inter-regional inequality
d) all of the above
Answer »Answer: (d)
The Green Revolution in India has contributed to inter-regional, inter-class and inter-crop inequality as certain regions like UP and Punjab which used HYVs performed much better than others and become more advanced than other states.
GET Agriculture Sector, Subsidy and Food Processing PRACTICE TEST EXERCISES
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agriculture sector subsidy & food processing section 10
Agriculture Sector, Subsidy and Food Processing Shortcuts and Techniques with Examples
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