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
- 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
The correct answers to the above question in:
Answer: (c)
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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers
Question : 1
Which of the following are features of Indian agriculture?
- Disguised unemployment
- High productivity
- Majority of large farmers
- Dependent on monsoon
a) 2 and 4
b) 1 and 2
c) 2 and 3
d) 1 and 4
Answer »Answer: (d)
Question : 2
Consider the following statements about National Watershed Development Project for rainfed areas launched in India?
- National Watershed Development Project for rainfed areas was launched in 1990-91.
- National Watershed Development Project for rainfed areas was launched throughout the country.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »Answer: (b)
The scheme of the National Watershed Development Project for Rainfed Areas (NWDPRA) was launched in 1990-91 in 25 States and 2 Union Territories based on twin concepts of integrated watershed management and sustainable farming systems.
At present, this scheme is being implemented as a programme of Centrally Sponsored Scheme of Macro Management of Agriculture in 28 States and 2 Union Territories.
Question : 3
Which one of the following Co-Operative societies is responsible for the production of fertilizers?
a) IFFCO
b) NCDC
c) NAFED
d) TRI FED
Answer »Answer: (a)
Indian Farmer Fertilizer Cooperative Ltd (IFFCO) is the cooperative society responsible for the production of fertilizers.
Indian Farmers Fertiliser Co-operative Limited (IFFCO) was registered on November 3, 1967, as a Multi-unit Co-operative Society.
Question : 4
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 : 5
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 : 6
When was the National Food Security Mission (NFSM) launched in India?
a) Kharif Season (1999–2000)
b) Rabi Season (1999–2000)
c) Rabi Season (2007–2008)
d) Kharif Season (2007–2008)
Answer »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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agriculture sector subsidy & food processing section 9
agriculture sector subsidy & food processing section 10
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