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

Answer: (c)

The area under foodgrains has declined in the last two decades and the average farm size in the country is very small and declining over the years.

Answer: (b)

A Kisan Credit Card is a credit card to provide affordable credit for farmers in India.

It was started by the government of India, Reserve Bank of India (RBI), and National Bank for Agricultural and Rural Development (NABARD) in 1998-99 to help farmers access timely and adequate short term credit.

The farmers can use cards to withdraw from most of the banks like commercial banks, cooperative banks and regional rural banks.

Answer: (d)

The outbreak of devastating epiphytotic brown spot disease of rice (Helminthosporium spp) in 1942 in the then Bengal Province (the areas of which are now in the state of West Bengal in India and Bangladesh resulted in a serious shortage of rice.

Added to this, the failure of the civil administration to cope with such a disastrous situation culminated in what was called the Great Bengal Famine of 1943. With this background, the Central Government, in the year 1944, decided to intensify research on all aspects of rice crop. In 1945, the Government of India decided to establish a central Institute for rice research.

As a result, the Central Rice Research Institute (CRRI) was set up on 23 April 1946 at Bidhyadharpur, Cuttack, Odisha with experimental farmland of 60 hectares provided by the Government of Orissa.

Subsequently, in 1966, the administrative control of the institute was transferred to the Indian Council of Agricultural Research (ICAR).

Answer: (b)

Rural Infrastructure Development Fund (RIDF) was instituted in NABARD with an announcement in the Union Budget 1995-96 with the sole objective of giving low-cost fund support to State governments and state-owned corporations for quick completion of ongoing projects relating to medium and minor irrigation, soil conservation, watershed management and other forms of rural infrastructure.

Answer: (d)

There are seven broad categories of essential commodities covered by the Act. These are

1. Drugs;
2. Fertilizer, inorganic, organic or mixed;
3. Foodstuffs, including edible oilseeds and oils;
4. Hank yarn made wholly from cotton;
5. Petroleum and petroleum products;
6. Raw jute and jute textile;

7. (i) seeds of food-crops and seeds of fruits and vegetables;

   (ii) seeds of cattle fodder; and

   (iii) jute seeds. Recently cotton seed was also included in the list.

Answer: (b)

In India, the commercial banks disburse around 60% credit followed by cooperative banks around 30% and RRB and others.