agriculture sector subsidy & food processing section 6 MCQ Questions & Answers Detailed Explanation

Question : 1

Consider the following statements :

1. Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.
2. 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

Question : 2

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

Question : 3

Which one of the following agencies is not included in the operation of the Kisan Credit Cards?

a) Regional Rural Banks

b) Co-operative Banks

c) Scheduled Commercial Banks

d) NABARD

Question : 4

Consider the following statements:

1. Minimum Export Price (MEP) is the price below which exports are not permitted
2. MEP is imposed to curb the price rise and prevent disruptions in domestic supply
3. Minimum Import Price (MIP) is the price below which imports are not allowed
4. 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

Question : 5

Which one of the following apex co-operative organisation at the national level of India?

a) NAFED

b) TRIFED

c) FCS

d) RRBs

Question : 6

Consider the following statements:

1. Commercial banks have the highest share in the disbursement of credit to agriculture and allied activities.
2. The commercial banks disburse around 90% credit.

a) 1 and 2 both

b) 1 only

c) 2 only

d) None