agriculture sector subsidy & food processing section 8 MCQ Questions & Answers Detailed Explanation

Answer: (a)

Answer: (a)

1. First Five Year Plan (1951-56)- Agriculture and community development

2. Second Five Year Plan (1956-61)- Heavy Industry

3. Fifth Five Year Plan (1974-79)- Removal of Poverty

4. Ninth Five Year Plan (1997-2002)- Food Security and woman empowerment.

Answer: (d)

Objectives of the Agriculture Export Policy are as under:

1. To double agricultural exports from ~USD 30+ Billion (2017-18) to ~USD 60+ Billion by 2022 and reach USD 100 Billion in the next few years thereafter, with a stable trade policy regime
2. To diversify our export basket, destinations and boost high value and value-added agricultural exports including a focus on perishables
3. To promote novel, indigenous, organic, ethnic, traditional and non-traditional Agri products exports
4. To provide an institutional mechanism for pursuing market access, tackling barriers and deal with sanitary and phytosanitary issues.
5. To strive to double India’s share in world agri exports by integrating with the global value chain at the earliest
6. Enable farmers to get the benefit of export opportunities in the overseas market

This policy will play a major role in doubling farmers income by 2022

Answer: (d)

Answer: (d)

National Agricultural Insurance Scheme is a central sector, government-sponsored crop insurance scheme, in operation since 1999.

This scheme aims at tackling the issue of production risk faced by the agricultural sector. It provides financial support to the farmers in the failure of any of the crops.

The AICIL is the implementing agency of this scheme. NAIS has been further modified as MNAIS with the aim of further helping the farm sector.

Answer: (a)

National cooperation marketing federation of India limited NAFED promotes cooperative marketing, promotes the 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.