agriculture sector subsidy & food processing section 7 MCQ Questions & Answers Detailed Explanation

Question : 1

In 1982, the Rural Planning and Credit Cell (RPCC) of Reserve Bank of India was merged to which of the following banks?

a) NABARD

b) SIDBI

c) IDBI

d) RRB

Question : 2

An objective of the National Food Security Mission is to increase the production of certain crops which are

a) Rice, wheat and pulses only

b) Rice and wheat only

c) Rice, wheat, pulses and oil seeds only

d) Rice, wheat, pulses, oil seeds and vegetables

Question : 3

Swaroop Committee is associated with

a) sugar marketing

b) financial products marketing

c) banking

d) capital marketing

Question : 4

Which among the following states is the highest producer of Soya bean in India?

a) Andhra Pradesh

b) Uttar Pradesh

c) Rajasthan

d) Madhya Pradesh

Question : 5

Which statement is correct regarding AICIL?

1. It was incorporated in 2002 and is under the administrative control of the Ministry of Finance, Government of India, and under the operational supervision of the Ministry of Agriculture, Government of India.
2. It seeks to provide insurance coverage and financial support to the farmers in the failure of any of the notified crops.
3. It encourages the farmers to adopt progressive farming practices, high-value in-puts and higher technology; to help stabilize farm incomes, particularly in disaster years.

a) Only III

b) I & II

c) II & III

d) All the above

Question : 6

Match the following total institutional credit to agriculture:

a) I – c, II – a, III – b

b) I – b, II – c, III – a

c) I – a, II – b, III – c

d) I – b, II –a, III – c