agriculture sector subsidy & food processing section 10 MCQ Questions & Answers Detailed Explanation

MOST IMPORTANT indian economy mcq - 10 EXERCISES

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The following question based on Agriculture Sector, Subsidy and Food Processing topic of indian economy mcq

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

(a) Co-operative Banks

(b) Regional Rural Banks

(c) Commercial Banks

(d) Microfinance Institutions

The correct answers to the above question in:

Answer: (c)

In India, commercial banks have the highest share in the disbursement of credit to agriculture and allied activities.

The commercial banks disburse around 60% credit followed by cooperative banks around 30% and RRB and others.

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

Question : 1

What are the features of Indian agriculture?

  1. Agriculture is the primary occupation in India as it provides direct livelihood to 70% of its labour force.
  2. Agriculture contributes to about 10% of the total value of India’s commodity exports.
  3. Almost 30% of tea and 50% of coffee and jute produced in the country are exported.

a) II & III

b) I,II,III

c) I & II

d) All the above

Answer: (a)

Question : 2

Which one of the following items has the highest share of India in the World Exports?

a) Pearls, precious stones, metals, coins, etc

b) Coffee, tea, mate, spices etc

c) Lac, gums, resins, vegetable saps, and extracts etc

d) Vegetable plaiting materials, vegetable products etc

Answer: (c)

These exports have marked a growth of 0.8 in the year 2012-13.

Recently India has diversified its export basket for these products.

Question : 3

Among the items of export of agricultural and allied products from India during the year 2005-06, which one of the following was the highest in the value?

a) Coffee

b) Rice

c) Tea

d) Marine products

Answer: (d)

Marine Product was the highest in value among export items of agricultural and allied products from India during the year 2005-06.

Question : 4

Consider the following:

  1. Uneconomic & Fragmented Holdings
  2. Inefficient Labor Force
  3. No use of HYV seeds
Which among the above is/ are the reasons for low productivity in Indian Agriculture?

a) Only 2 & 3

b) Only 1

c) Only 1 & 2

d) 1, 2 & 3

Answer: (b)

Question : 5

Consider the following statements :

  1. Coconut Palm Insurance Scheme (CPIS) is implemented in the Kerala, Karnataka and Tamil Nadu on Pilot basis.
  2. Coconut Palm Insurance Scheme (CPIS) was started since 2009-10.
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: (a)

A pilot Coconut Palm Insurance Scheme (CPIS) was introduced in 2009-10 for the benefit of coconut growers in major coconut growing states like Kerala, Karnataka, Tamilnadu, Goa, AP, West Bengal and Maharashtra.

In this scheme, coconut plants of the age from 4th year to 60th year are covered.

Insurance coverage is provided for total loss/death/becoming useless of the plant. Fifty per cent subsidy in premium is provided by the Government of India and twenty-five per cent by the concerned State Government.

Question : 6

Rashtriya Krishi Vikas Yojna was launched in the year?

a) 2004

b) 2006

c) 2003

d) 2007

Answer: (d)

Rashtriya Krishi Vikas Yojana was launched in August 2007 as a part of the 11th Five Year Plan by the Government of India.

Launched under the aegis of the National Development Council, it seeks to achieve 4% annual growth in agriculture through the development of Agriculture and its allied sectors during the period under the 11th Five Year Plan (2007–11).

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