agriculture sector subsidy & food processing section 9 MCQ Questions & Answers Detailed Explanation
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The following question based on Agriculture Sector, Subsidy and Food Processing topic of indian economy mcq
(a) Kharif Season (1999–2000)
(b) Rabi Season (1999–2000)
(c) Rabi Season (2007–2008)
(d) Kharif Season (2007–2008)
The correct answers to the above question in:
Answer: (c)
The National Development Council (NDC) on 29th May 2007 adopted a resolution to launch a Food Security Mission comprising rice, wheat and pulses to increase the production of rice by 10 million tons, wheat by 8 million tons and pulses by 2 million tons by the end of the Eleventh Plan (2011–12).
Accordingly, a centrally sponsored Scheme, ‘National Food Security Mission’, had been launched from the rabi season 2007–08 to operationalize the above-mentioned resolution.
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
Index ‘Residex’ is associated with
- Share Prices
- Mutual Fund Prices
- Price Inflation Index
- Land Prices
a) 3 only
b) 1 only
c) 1 and 2
d) 4 only
Answer »Answer: (d)
Question : 2
The Commission of Agricultural Costs and Prices fixes the
a) Wholesale price
b) Retail price
c) Support price
d) None of these
Answer »Answer: (c)
The Commission of Agricultural Costs & Prices (CACP since 1985, earlier named as Agricultural Prices Commission) came into existence in January 1965.
It is mandated to recommend minimum support prices (MSPs) to incentivize the cultivators to adopt modern technology and raise productivity and overall grain production in line with the emerging demand patterns in the country.
Question : 3
What were the objectives of Land reforms?
- to increase production by ensuring the security of tenure to the cultivator;
- to increase the purchasing power of the rural population and thereby boost the demand for industrial products; and
- to achieve social justice along with economic growth through a single set of measures rather than through different, and sometimes contradictory, measures.
a) I & III
b) I & II
c) I, II & III
d) None of the above
Answer »Answer: (c)
Question : 4
Which among the following facility has been started in India for refinance assistance for small irrigation, IRDP, Dairy Development and Mechanism of farms?
a) National Rural Credit Fund
b) National Credit Fund
c) National Credit Stabilization Fund
d) Rural Infrastructural Development Fund
Answer »Answer: (c)
Question : 5
Which one of the following five year plans hasthe highest GDP growth rate in Agriculture sector in India?
a) Ninth Five Year Plan
b) Eighth Five Year Plan
c) Tenth Five Year Plan
d) Eleventh Five Year Plan
Answer »Answer: (b)
The growth performance of the agriculture sector has been fluctuating across the plan periods. It witnessed a growth rate of 4.8 per cent during the Eighth plan period (1992–97).
Question : 6
Match the following states with Land Tenure System:
List I | List II |
(States) | (Land Tenure System) |
I. Bengal, Bihar | 1. Ryotwari System |
II. North India | 2. Zamindari system |
III. Madras, Bombay | 3. Mahalwari system |
a) I – c, II – b, III – a
b) I – b, II – c, III – a
c) I – a, II – b, III – c
d) None of the above
Answer »Answer: (b)
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agriculture sector subsidy & food processing section 9
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Agriculture Sector, Subsidy and Food Processing Shortcuts and Techniques with Examples
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