agriculture sector subsidy & food processing section 9 MCQ Questions & Answers Detailed Explanation

Question : 1

Which among the following has been discontinued after the Cabinet decision in small saving schemes?

a) Kisan Vikas Patras (KVP)

b) National Saving Certificates (NSC)

c) Monthly Income Scheme (MIS)

d) Recurrent Deposit Schemes

Question : 2

Consider the following statements:

1. The Union Government fixes the statutory minimum price of sugarcane for each sugar season.
2. Sugar and sugarcane are essential commodities under the Essential Commodities Act.

a) 1 and 2 both

b) 1 only

c) 2 only

d) None

Question : 3

With reference to the agriculture sector of India, consider the following statements

1. Rural Infrastructure Development Fund disperses loans to the states to complete the minor irrigation projects.
2. Rural Infrastructure Development Fund is managed by the public sector Commercial Banks.

a) Both 1 and 2

b) 1 only

c) 2 only

d) Neither 1 nor 2

Question : 4

Which of the following scheme is not part of PM-AASHA

a) Price Deficiency Payment Scheme

b) Price Support Scheme

c) Price Stabilization Scheme

d) Pilot of Private Procurement and Stockist Scheme

Question : 5

Which statement is correct regarding the Ryotwari system?

1. The system was introduced in North India in terms of which the village community was jointly and severally responsible for the payment of rent.
2. Zamindars acted as intermediaries between the cultivators and the government.
3. Revenue was ‘settled’ by the government with zamindars, either permanently or temporarily.

a) Only II

b) I & II

c) Only III

d) None of the above

Question : 6

In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?

a) Co-operative Banks

b) Commercial Banks

c) Regional Rural Banks

d) Microfinance Institutions