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) Dr. Manmohan Singh
(b) Atal Bihari Vajpayee
(c) Narendra Modi
(d) I.K.Gujral
The correct answers to the above question in:
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.
Practice Agriculture Sector, Subsidy and Food Processing (agriculture sector subsidy & food processing section 7) Online Quiz
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
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 : 2
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 : 3
Consider the following statements about the National Cooperative Marketing Federation of India Limited (NAFED).
- NAFED promotes the inter-state trade as well as export of certain agricultural commodities to many foreign countries.
- NAFED is responsible for the movement of the essential commodities from surplus areas to scarcity areas
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »Answer: (c)
National Cooperation Marketing Federation of India Limited (NAFED) promotes cooperative marketing, promotes inter-state trade as well as export of certain agricultural commodities to many foreign countries.
It is responsible for stabilizing the prices of commodities and thus responsible for the movement of the essential commodities from surplus areas to scarcity areas.
Question : 4
Which one of the following five year plans has the highest growth rate in Agriculture sector in India ?
a) Seventh Five Year Plan
b) Sixth Five Year Plan
c) Eighth Five Year Plan
d) Ninth Five Year Plan
Answer »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).
Question : 5
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 : 6
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)
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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