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

Questions : Which of the following are features of Indian agriculture?
  1. Disguised unemployment
  2. High productivity
  3. Majority of large farmers
  4. Dependent on monsoon

(a) 2 and 4

(b) 1 and 2

(c) 2 and 3

(d) 1 and 4

The correct answers to the above question in:

Answer: (d)

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Read more agriculture sector subsidy and food processing Based Indian Economy Questions and Answers

Question : 1

Consider the following statements about National Watershed Development Project for rainfed areas launched in India?

  1. National Watershed Development Project for rainfed areas was launched in 1990-91.
  2. National Watershed Development Project for rainfed areas was launched throughout the country.
Which of the statements given above is/are correct?

a) 2 only

b) 1 only

c) Both 1 and 2

d) Neither 1 nor 2

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 : 2

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: (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 : 3

Which of the following ministeries is implementing the National Bamboo Mission in India?

a) Ministry of Rural development

b) Ministry of Science and Technology

c) Ministry of Agriculture

d) Ministry of North-Eastern Region

Answer: (c)

The National Bamboo Mission is a Centrally Sponsored Scheme in which the contribution of the Central Government will be 100%.

The Scheme is implemented by the Division of Horticulture under the Department of Agriculture and Cooperation in the Ministry of Agriculture.

Question : 4

What were the objectives of Land reforms?

  1. to increase production by ensuring the security of tenure to the cultivator;
  2. to increase the purchasing power of the rural population and thereby boost the demand for industrial products; and
  3. 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: (c)

Question : 5

The Commission of Agricultural Costs and Prices fixes the

a) Wholesale price

b) Retail price

c) Support price

d) None of these

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 : 6

Index ‘Residex’ is associated with

  1. Share Prices
  2. Mutual Fund Prices
  3. Price Inflation Index
  4. Land Prices
Choose the right option

a) 3 only

b) 1 only

c) 1 and 2

d) 4 only

Answer: (d)

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