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
- 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
The correct answers to the above question in:
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.
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
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 : 2
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
Answer »Answer: (d)
A Kisan Credit Card is a credit card to provide affordable credit for farmers. It was started by the Government of India, Reserve Bank of India (RBI), and National Bank for Agricultural and Rural Development (NABARD) in 1998–99 to help farmers access timely and adequate credit.
The credit is available to farmers in most of the banks like commercial banks cooperative banks and regional rural banks. However, in day to day operations, NABARD is not included.
Question : 3
During the year 2014-15, India’s exports of animal products is reported to be over Rs.33,128.30 crore. Which of the following form of meat was the single largest item exported during the period?
a) Sheep/Goat meat
b) Processed and other meat
c) Poultry products
d) Buffalo meat
Answer »Answer: (d)
Buffalo meat was the single largest item exported during the period (Up to Feb. 2015) with the value of US $ 4410103663.
Question : 4
Gray Revolution belongs to
a) Milk
b) Oil seeds
c) Fish
d) Fertilizers
Answer »Answer: (d)
Gray revolution - Fertilizers.
Question : 5
Consider the following statements:
- 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
Answer »Answer: (d)
Question : 6
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.
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