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

Question : 1

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 : 2

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

Question : 3

What is a Green Box subsidy?

1. These include direct payments to farmers to limit production and certain government assistance to encourage agriculture and rural development in developing countries
2. These include government policies of Minimum Support Prices (MSP) for agricultural products or any help directly related to production quantities (for eg. power, fertiliser, seeds, pesticides, irrigation etc.).
3. These include amounts spent on research, disease control, infrastructure and food security

a) Only III

b) I & III

c) Only II

d) III & II

Question : 4

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 : 5

Gray Revolution belongs to

a) Milk

b) Oil seeds

c) Fish

d) Fertilizers

Question : 6

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