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

MOST IMPORTANT indian economy mcq - 10 EXERCISES

Top 30,000+ Indian Economy Memory Based Exercises

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

Questions : 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

The correct answers to the above question in:

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.

Practice Agriculture Sector, Subsidy and Food Processing (agriculture sector subsidy & food processing section 10) Online Quiz

Discuss Form

Valid first name is required.
Please enter a valid email address.
Your genuine comment will be useful for all users! Each and every comment will be uploaded to the question after approval.

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

Question : 1

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 : 2

What are the land reforms taken after Independence?

  1. Abolition of intermediaries like zamindars, jagirdars, etc., resulted in several states promulgating laws for putting an end to ‘absentee landlordism’.
  2. Imposition of ceiling laws which lay down the maximum land that can be owned by a landholder
  3. Consolidation of holding was introduced as a measure of improving farming efficiency

a) Only I

b) I & II

c) I & III

d) All the above

Answer: (d)

Question : 3

In which of the following years was the Food Corporation of India (FCI) set up ?

a) 1960

b) 1965

c) 1955

d) 1970

Answer: (b)

The Food Corporation of India (FCI) was set up in 1965. Its objectives are effective price support operations for safeguarding the interests of the farmers.

Distribution of food grains throughout the country for the public distribution system and maintaining a satisfactory level of operational and buffer stocks of foodgrains to ensure National Food Security.

Question : 4

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 : 5

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

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.

Question : 6

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)

Recently Added Subject & Categories For All Competitive Exams

Most Important Antonyms Vocabulary - IBPS Clerk Prelims 2024

Latest Antonyms multiple choice questions and answers with free PDFfor IBPS Clerk Prelims 2024. English Vocabulary practice exercise for all bank exam

17-May-2024 by Careericons

Continue Reading »

Syllogism Practice Questions Answers PDF - IBPS Clerk 2024

Practice Verbal Reasoning Syllogism multiple choice questions and answers with Fully solved explanation, PDF for the IBPS Clerk Prelims 2024 Bank Exam

16-May-2024 by Careericons

Continue Reading »

IBPS Clerk Prelims 2024 Synonyms Questions Solved Answers

Most important IBPS Clerk Prelims 2024 Synonyms and Antonyms multiple choice questions and answers with detailed solutions, English vocabulary PDF Download

14-May-2024 by Careericons

Continue Reading »

New Cloze Test Questions and Answers PDF - IBPS Clerk 2024

The most important Cloze Test questions with detailed answers for upcoming IBPS Clerk prelims 2024. Latest English verbal ability practice MCQs, PDF

13-May-2024 by Careericons

Continue Reading »