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) Karnal
(b) Mysore
(c) Bangaluru
(d) Lucknow
The correct answers to the above question in:
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.
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
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 : 2
Consider the following statements:
- 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) 1 and 2 both
b) 1 only
c) 2 only
d) None
Answer »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% of employment in the country according to Census 2011.
Question : 3
Consider the following statements :
- The farm power availability in India is much lower than that of Korea.
- India is meeting 80% of its urea requirement through indigenous production.
a) Both 1 and 2
b) 1 only
c) 2 only
d) Neither 1 nor 2
Answer »Answer: (a)
The farm power availability in India is much lower than that of Korea. India is meeting 85% of the urea fertilizer through indigenous production. However, we are deficient in phosphatic and potassic resources and around 90% is imported.
Question : 4
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 : 5
Which one of the following states is the first state to impose Agriculture Income Tax in India?
a) Uttar Pradesh
b) Madhya Pradesh
c) West Bengal
d) Bihar
Answer »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.
Question : 6
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.
GET Agriculture Sector, Subsidy and Food Processing PRACTICE TEST EXERCISES
agriculture sector subsidy & food processing section 1
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agriculture sector subsidy & food processing section 7
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agriculture sector subsidy & food processing section 9
agriculture sector subsidy & food processing section 10
Agriculture Sector, Subsidy and Food Processing Shortcuts and Techniques with Examples
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