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

Questions : 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

The correct answers to the above question in:

Answer: (a)

‘National Food Security Mission’, had been launched from the rabi season 2007–08 to increase the production of rice by 10 million tons, wheat by 8 million tons pulse by 2 million tons decided by National Development Council.

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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers

Question : 1

Swaroop Committee is associated with

a) sugar marketing

b) financial products marketing

c) banking

d) capital marketing

Answer: (b)

Swaroop Committee recommended the noentry load structure for insurance products. So it is associated with financial products marketing.

Question : 2

Which among the following is the largest food item imported by India?

a) Food Grains

b) Vegetable Oils

c) Milk and Dairy Products

d) Meat and Poultry products

Answer: (b)

Question : 3

To address the problem of sustainable and holistic development of rainfed areas, including appropriate farming and livelihood system approaches, the government of India has set up the

a) National Watershed Development Project for Rainfed Areas

b) National Mission on Rainfed Areas

c) National Rainfed Area Authority

d) Command Area Development and Water Management Authority

Answer: (c)

Question : 4

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

Answer: (a)

Question : 5

Consider the following statements regarding Urea subsidy:

  1. The subsidy amount is transferred directly into the farmer's account
  2. The per kg subsidy amount is fixed and does not change with market fluctuation
  3. The price of Urea is regulated by the government
Select the correct answer using the code given below:

a) (iii) only

b) (i) & (ii) only

c) (ii) & (iii) only

d) All of the above

Answer: (a)

The subsidy amount is transferred into fertilizer’s company account upon verification of sale to farmers through Aadhaar.

The price of Urea is regulated by Central Government and it is Rs. 5.36/kg and the per kg subsidy by the government varies with the market fluctuations in the price of Nitrogen and other costs.

Question : 6

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

Answer: (d)

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