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

Answer: (a)

Disguised unemployment in India exists in agricultural sector.

Answer: (c)

NABARD is the apex institution for providing credit facilities to agricultural and rural areas.

It came into existence on July 12, 1982, and took over the functions of the erstwhile Agricultural Credit Development (ACD), Rural Planning and Credit Cell (RPCC) of RBI and the Agricultural Refinance Development Corporation (ARDC).

Answer: (d)

The provisional data for the 20th Livestock Census 2018 was released in Oct 2019 by the Dept. of Animal Husbandry and Dairying under the “Ministry of Fisheries, Animal Husbandry and Dairying”.

As per the data, West Bengal has the largest number of cattle (in the previous census UP had the largest cattle population) and Tamil Nadu has the largest number of poultry. Livestock population increased by 4.6% over Census 2011-12.

Livestock is commonly defined as domesticated animals raised in an agricultural setting to produce labour and commodities such as meat, eggs, milk, fur, leather, and wool.

Livestock (major species) includes Cattle (cows & ox), Buffalo, Sheep, Goat, Pig, Mithun, Yak, Horses & Ponies, Mule, Donkey, Camel etc. which stood at 54 crores in the latest census.

Answer: (d)

Answer: (b)

Three new sub-schemes have been introduced under RKVY from 2010-11, first on extending green revolution to Eastern Region of the country – covering States of Bihar, Chhattisgarh, Jharkhand, Orissa, Eastern UP and West Bengal.

The second subscheme is a special initiative for Pulses and Oilseeds in Dryland Areas during 2010- 11, with an allocation of Rs. 300 crore in the current year.

The third sub-scheme is the National Mission for Saffron-Economic Revival of J&K Saffron Sector with an allocation of Rs. 39.43 crore for the current year.

Answer: (c)

The Committee on Investor Awareness and Protection chaired by Shri D Swaroop, Chairman, Pension Fund Regulatory and Development Authority is associated with the financial products marketing.