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) NABARD
(b) RBI
(c) SIDBI
(d) RRB
The correct answers to the above question in:
Answer: (a)
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
The Bonded Labour System (Abolition) Act was legislated in
a) 1976
b) 1977
c) 1974
d) 1978
Answer »Answer: (a)
The Bonded Labour System (Abolition) Act, 1976 was enacted to provide for the abolition of bonded labour system with a view to preventing the economic and physical exploitation of the weaker sections of the society.
It freed all the bonded labourers from bondage with simultaneous liquidation of their debts. It made the practice of bondage a cognisable offence punishable by law.
The Act is being administered and implemented by the Ministry of Labour and the State governments concerned.
Question : 2
Which one of the following crops has been exceeding target since 2004-05 in India but its growers have been committing suicide in large numbers in many parts of the country every year?
a) Cotton
b) Pulse
c) Oilseeds
d) Wheat
Answer »Answer: (a)
A study conducted in 2014 found that there are three specific characteristics associated with high-risk farmers:
- “those that grow cash crops such as coffee and cotton;
- those with ‘marginal’ farms of less than one hectare; and
- those with debts of 300 Rupees or more.”
The study also found that the Indian states in which these three characteristics are most common had the highest suicide rates and also accounted for “almost 75% of the variability in state-level suicides.
Question : 3
Which of the following are the objectives of the Commission for Agricultural Costs and Prices (CACP)?
- To stabilize agricultural prices
- To ensure meaningful real income levels to the farmers
- To protect the interest of the consumers by providing essential agricultural commodities at reasonable rates through public distribution system.
- To ensure maximum price for the farmer
a) 1, 3 and 4
b) 1, 2 and 3
c) 1, 2 and 4
d) 2, 3 and 4
Answer »Answer: (b)
Question : 4
Which of the following has not been a component of the agriculture strategy that brought about the Green Revolution?
a) Guaranteed maximum prices
b) Greater intensity of crops
c) New agricultural technology
d) Package of inputs
Answer »Answer: (a)
‘Guaranteed maximum prices’ has not been a component of the agriculture strategy that brought about the Green Revolution.
The strategy aimed at increasing the yield of crops using fertilizer, pesticides and high yielding varieties in agriculture.
Question : 5
Consider the following statements:
- Department of fisheries is under the Ministry of Agriculture and Farmers’ welfare
- Department of Animal Husbandry and dairying is under the Ministry of Agriculture and Farmers’ Welfare
- Department of Agriculture and Cooperation released the 20th Livestock Census
a) All of the above
b) (i) only
c) (i) & (ii) only
d) None of the above
Answer »Answer: (d)
A separate ministry “Ministry of Fisheries, Animal Husbandry and Dairying” has been carved out of “Ministry of Agriculture and Farmers’ Welfare”
‘Department of Fisheries’ is under “Ministry of Fisheries, Animal Husbandry and Dairying”
‘Department of Animal Husbandry and Dairying’ is under “Ministry of Fisheries, Animal Husbandry and Dairying”
Department of Animal Husbandry and Dairying, under “Ministry of Fisheries, Animal Husbandry and Dairying” released the 20th Livestock Census.
Question : 6
Indian agriculture is typically
a) Land surplus, labour surplus economy
b) Land surplus, labour scare economy
c) Land scare, labour surplus economy
d) Land scare, labour scare economy
Answer »Answer: (c)
Indian agriculture is typically characterised as land scare, labour surplus economy. India has high man/land ratio. There are large number of skilled labours but there is absence of land or capital.
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 5
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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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