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

Answer: (c)

The farm power availability in India is much lower than that of Korea. India is meeting 85% of the Urea fertilizer through indigenous production. However, we are deficient in phosphatic and potassic resources and around 90% is imported.

Answer: (b)

Cooperative Banks operate on no profit no loss basis, and they operate in all sectors including the agriculture sector.

NABARD is not a Cooperative Bank. National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India.

Answer: (d)

The head office of the National Bank for Agriculture and Rural Development (NABARD) is located in Mumbai. It helps farmers access timely and adequate credit.

Answer: (d)

On January 21, 2004, the Department of Agriculture & Cooperation (DAC), Ministry of Agriculture, Govt. of India established Kisan Call Centers across the country to deliver extension services to the farming community.

The aim is to respond in the local language to the problems faced by farmers.

Answer: (d)

The introduction of high-yielding varieties of seeds and the increased use of chemical fertilizers and irrigation are known collectively as the Green Revolution.

The impact of the Green Revolution was felt most in the production of wheat. India saw annual wheat production rise from 10 million tons in the 1960s to 73 million in 2006.

Answer: (c)

Guaranteed maximum prices have not been a component of the agriculture strategy that brought about the green revolution.

The strategy aimed at increasing the yield of crops using fertilizer, pesticides and high yielding varieties in agriculture.