agriculture sector subsidy & food processing section 7 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
(a) Seventh Five Year Plan
(b) Sixth Five Year Plan
(c) Eighth Five Year Plan
(d) Ninth Five Year Plan
The correct answers to the above question in:
Answer: (c)
The growth performance of the agriculture sector has been fluctuating across the plan periods. It witnessed a growth rate of 4.8 per cent during the Eighth plan period (1992–97).
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
Who announced the launch of Rashtriya Krishi Vikas Yojana?
a) Dr. Manmohan Singh
b) Atal Bihari Vajpayee
c) Narendra Modi
d) I.K.Gujral
Answer »Answer: (a)
The former Prime Minister Dr Manmohan Singh announced the launch of Rashtriya Krishi Vikas Yojana at the 53rd meeting of NDC with a Central allocation of Rs. 25,000 crore to increase the share of investment in agriculture in their state plans so as to hike agriculture and allied sector’s growth from the existing 2% to 4%.
7,810.87 crore was the allocation under RKVY for the year 2011-12.
Question : 2
Which of the fallowing are responsible for the decrease of per capita holding of cultivated land in India?
- Low per capita income.
- Rapid rate of increase of population.
- Practice of dividing land equally among the heirs.
- Use of traditional techniques of ploughing.
a) 2 and 3
b) 1 and 4
c) 1 and 2
d) 2,3 and 4
Answer »Answer: (a)
Rapid rate of increase of population and practice of dividing land equally among the heirs are responsible for the decrease of per capita holding of cultivated land in India.
Question : 3
When the Kisan Credit Card schemes for the farmers started in India?
a) 1998–1999
b) 1995–1996
c) 2005–2006
d) 2007–2008
Answer »Answer: (a)
A Kisan Credit Card is a credit card to provide affordable credit for farmers. It was started by the 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.
Question : 4
Consider the following statements :
- India is meeting 85% of the urea fertilizer through indigenous production.
- India produces a surplus amount of fertilizers containing phosphorous and potassium.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »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.
Question : 5
Which among the below are the products in which India is 1st in the world?
- Milk
- Pulses
- Spices
- Jute
a) II, III &IV
b) I, II & III
c) I, II & IV
d) All the above
Answer »Answer: (d)
Question : 6
Which one of the following is not the aim of the Rainbow Revolution of Indian Economy formulated in the National Agricultural Policy, 2000?
a) Greater private sector participation in agriculture
b) Target to achieve 4% growth rate in agriculture
c) National Agriculture Insurance Scheme for all farmers
d) Import of High Yielding Varieties of crops from other countries
Answer »Answer: (d)
In July 2000, the Centre Government of India had announced the first-ever national agriculture policy.
The policy aimed at achieving a growth rate of over 4 per cent per annum by introducing ‘rainbow revolution’ in the next two decades so that the total GDP growth can be sustained at 6.5 per cent.
Import of High Yielding Varieties of crops from other countries was not included in the objective of this revolution.
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