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) Uttar Pradesh
(b) Madhya Pradesh
(c) West Bengal
(d) Bihar
The correct answers to the above question in:
Answer: (d)
Bihar is the first state to impose agricultural income tax in India. Agricultural income tax is levied on the income from Agriculture.
At present agriculture is subjected to two direct taxes and they are Agricultural Income-tax and Land Tax. They are levied by the state governments. Bihar was the first state in India to levy a tax on agricultural income in 1938.
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
Increase in wheat production depends on
- Area expansion
- Developing marketing infrastructure
- Better inputs
a) 1, 2 and 3
b) 1 only
c) 1 and 2
d) 2 and 3
Answer »Answer: (d)
Question : 2
Where is the Central Food Technological Research Institute (CFTRI) situated ?
a) Karnal
b) Mysore
c) Bangaluru
d) Lucknow
Answer »Answer: (b)
The Central Food Technological Research Institute (CFTRI) is situated in Mysore. It is a constituent laboratory of Council of Scientific and Industrial Research, New Delhi and came into existence during 1950.
Question : 3
In India, which of the following has the highest share in the disbursement of credit to agriculture and allied activities?
a) Co-operative Banks
b) Commercial Banks
c) Regional Rural Banks
d) Microfinance Institutions
Answer »Answer: (b)
In India, commercial banks have the highest share in the disbursement of credit to agriculture and allied activities.The commercial banks disburse around 60% credit followed by cooperative banks around 30% and RRB and others.
Question : 4
Green Revolution in India has been most successful in case of
a) Wheat and Potatoes
b) Mustard and Oilseeds
c) Wheat and Rice
d) Tea and Coffee
Answer »Answer: (c)
Green revolution’s main focus was on the production of only 2 cereals wheat and rice.
Question : 5
Among the following states, which one has the most suitable climatic conditions for the cultivation of a large variety of Orchids with the minimum cost of production and can develop an export oriented in this field?
a) Uttar Pradesh
b) Andhra Pradesh
c) Madhya Pradesh
d) Arunachal Pradesh
Answer »Answer: (d)
There are about 20,000 varieties of orchids in the world out of which about 1200 accounts in India. The ecological condition and climate variation in Arunachal Pradesh are so much favourable that the state holds about 60% of the Indian variety of orchids.
Till today about 605 spp. of orchids of Arunachal Pradesh have been identified and the work is in progress. The flowering of orchids depends on seasonal conditions and variations.
Question : 6
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.
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agriculture sector subsidy & food processing section 10
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