agriculture sector subsidy & food processing section 10 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) 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.
Practice Agriculture Sector, Subsidy and Food Processing (agriculture sector subsidy & food processing section 10) Online Quiz
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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?
- Agriculture is the primary occupation in India as it provides direct livelihood to 70% of its labour force.
- Agriculture contributes to about 10% of the total value of India’s commodity exports.
- 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 »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 »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 »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:
- Uneconomic & Fragmented Holdings
- Inefficient Labor Force
- No use of HYV seeds
a) Only 2 & 3
b) Only 1
c) Only 1 & 2
d) 1, 2 & 3
Answer »Answer: (b)
Question : 5
Consider the following statements :
- Coconut Palm Insurance Scheme (CPIS) is implemented in the Kerala, Karnataka and Tamil Nadu on Pilot basis.
- Coconut Palm Insurance Scheme (CPIS) was started since 2009-10.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »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 »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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