agriculture sector subsidy & food processing section 8 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 10 EXERCISES
-
500+ Indian Agriculture Sector GK MCQ Quiz For UPSC IAS »
-
Top 500+ Agriculture Sector MCQ Quiz PDF For SSC RRB IBPS »
-
Indian Agriculture Subsidy & Food Processing MCQ Quiz PDF »
-
Top 500+ Indian Agriculture GK Online MCQ Test For IBPS »
-
New 500+ Indian Food Processing & Subsidy GK MCQ Quiz PDF »
-
500+ Agriculture Subsidy & Food Processing GK MCQ For RRB »
-
500+ Indian Agriculture Schemes GK MCQ For IBPS SSC RRB »
-
Top Indian Primary Sector GDP Impacts Issues MCQ Quiz PDF »
-
600+ Indian Agriculture GK Questions and Answers Quiz PDF »
-
New 499+ Food Processing Questions and Answers For IBPS »
The following question based on Agriculture Sector, Subsidy and Food Processing topic of indian economy mcq
(a) National Mission for Sustainable Agriculture
(b) Integrated Scheme for Oilseeds, Pulses, Oil Palm and Maize
(c) Mission for Integrated Development in Horticulture
(d) Rainfed Area Development Programme
The correct answers to the above question in:
Answer: (d)
RADP was launched by the government as a pilot scheme under RKVY, focusing on small and marginal farmers and farming systems.
It targets integrated farming, on-farm water management, storage marketing and value addition of farm produce in order to enhance farmers’ income in rainfed areas.
Practice Agriculture Sector, Subsidy and Food Processing (agriculture sector subsidy & food processing section 8) Online Quiz
Discuss Form
Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
Consider the following statements :
- Regional Rural Banks grant direct loans and advances to marginal farmers and rural artisans.
- NABARD is responsible for laying down policies and overseeing the operations of the RRBs.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »Answer: (c)
National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India.
It was established on 12 July 1982 in the sixth five-year plan and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture and rural non-farm sector and laying down policies and overseeing the operations of the RRBs.
Moreover, Regional Rural Banks grant direct loans and advances to marginal farmers and rural artisans. So both statements are correct.
Question : 2
Consider the following statements:
- Price Stabilization Fund Scheme was launched for Coffee, Tea, Rubber and Tobacco growers in the country
- In this scheme Government procures the commodities when the prices fell below a certain level to support the growers
a) Both 1 and 2 are correct
b) Only 1 is correct
c) Only 2 is correct
d) Neither 1 nor 2 is correct
Answer »Answer: (b)
Question : 3
Consider the following statements regarding ‘Operation Greens’:
- It is under the Ministry of Food Processing Industries
- NAFED will be the nodal agency to implement it
- It focuses on building post-harvest processing facilities and agri logistics
a) (i) & (iii) only
b) (i) & (ii) only
c) (ii) & (iii) only
d) All of the above
Answer »Answer: (d)
In the budget speech of Union Budget 2018-19, a new Scheme “Operation Greens” was announced on the line of “Operation Flood”, with an outlay of Rs.500 crore to promote Farmer Producers Organizations (FPOs), agri-logistics, processing facilities and professional management.
Accordingly, the Ministry of Food Processing Industries (MoFPI) has formulated a scheme for the integrated development of the Tomato, Onion and Potato (TOP) value chain.
The scheme will have a two-pronged strategy of Price stabilization measures (for the short term) and Integrated value chain development projects (for the long term).
Short term Price Stabilization Measures:
- NAFED will be the Nodal Agency to implement price stabilization measures. MoFPI will provide 50% of the subsidy on the following two components:
- Transportation of Tomato Onion Potato (TOP) Crops from production to storage
- The hiring of appropriate storage facilities for TOP Crops
Long Term Integrated value chain development projects
- Capacity Building of FPOs & their consortium
- Quality production
- Post-harvest processing facilities
- Agri-Logistics
- Marketing / Consumption Points
- Creation & Management of e-platform for demand and supply management of TOP Crops
Question : 4
Consider the following statements about the Agriculture Income Tax
- Agriculture Income Tax is levied and collected by the Union Government.
- Agriculture Income Tax is levied throughout the country in India.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »Answer: (d)
Agricultural income tax is levied on the income from Agriculture.
At present agriculture is subjected to – two direct taxes and they are Agricultural Income Tax and Land Tax. They are levied by the state governments. Not all states levy agricultural income tax.
Question : 5
Where is the Central Rice Research Institute located?
a) Kanpur
b) Bangaluru
c) Coimbatore
d) Cuttack
Answer »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).
Question : 6
Consider the following statements :
- Kisan credit card scheme facilitates the short term credits to farmers.
- Kisan credit card is implemented only by the commercial banks of India.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »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.
GET Agriculture Sector, Subsidy and Food Processing PRACTICE TEST EXERCISES
agriculture sector subsidy & food processing section 1
agriculture sector subsidy & food processing section 2
agriculture sector subsidy & food processing section 3
agriculture sector subsidy & food processing section 4
agriculture sector subsidy & food processing section 5
agriculture sector subsidy & food processing section 6
agriculture sector subsidy & food processing section 7
agriculture sector subsidy & food processing section 8
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
Verbal Reasoning
Question & Answer Quiz
Non Verbal Reasoning
Question & Answer Quiz
Quantitative Aptitude
Question & Answer Quiz
Computer MCQ
Question & Answer Quiz
General English
Question & Answer Quiz
History GK
Question & Answer Quiz
Polity GK
Question & Answer Quiz
Geography GK
Question & Answer Quiz
Economy GK
Question & Answer Quiz
General Awareness GK
Question & Answer Quiz
Recently Added Subject & Categories For All Competitive Exams
Top Trigonometric Ratios and Identities MCQ for IBPS Exam
Trigonometric Ratios & Identities MCQ Objective Questions and Answers Explanations for IBPS Clerk Prelims 2024. Aptitude Mcq Practice exercise for all exams
Continue Reading »
Puzzle Reasoning Questions Answers PDF: IBPS Clerk 2024
Top Reasoning Puzzle Test questions with answers, fully solved explanation and download PDF for IBPS Clerk Prelims 2024. Aptitude MCQ-based practice test
Continue Reading »
Most Important Antonyms Vocabulary - IBPS Clerk Prelims 2024
Latest Antonyms multiple choice questions and answers with free PDFfor IBPS Clerk Prelims 2024. English Vocabulary practice exercise for all bank exam
Continue Reading »
Syllogism Practice Questions Answers PDF - IBPS Clerk 2024
Practice Verbal Reasoning Syllogism multiple choice questions and answers with Fully solved explanation, PDF for the IBPS Clerk Prelims 2024 Bank Exam
Continue Reading »