agriculture sector subsidy & food processing section 1 Practice Questions Answers Test with Solutions & More Shortcuts
Agriculture Sector, Subsidy and Food Processing PRACTICE TEST [10 - EXERCISES]
agriculture sector subsidy & food processing section 1
agriculture sector subsidy & food processing section 2
agriculture sector subsidy & food processing section 3
agriculture sector subsidy & food processing section 4
agriculture sector subsidy & food processing section 5
agriculture sector subsidy & food processing section 6
agriculture sector subsidy & food processing section 7
agriculture sector subsidy & food processing section 8
agriculture sector subsidy & food processing section 9
agriculture sector subsidy & food processing section 10
Question : 6
The importance of agriculture in Indian Economy is indicated by its contribution to which of the following?
a) Industrial development and international trade
b) Supply of foodgrains
c) National income and employment
d) All of the above
Answer »Answer: (d)
The importance of agriculture in the Indian Economy is indicated by its contribution to national income, industrial development and supply of foodgrains.
It contributes around 13.7% to GDP, supplies raw materials for the development of industries along with supplying food grains for livelihood.
Question : 7
Where is the Indian Institute of Sugarcane Research Institute situated?
a) Varanasi
b) Kanpur
c) New Delhi
d) Lucknow
Answer »Answer: (d)
The Indian Institute of Sugarcane Research (acronym IISR) is an autonomous institute of higher learning, established under the umbrella of the Indian Council of Agricultural Research (ICAR) by the Ministry of Agriculture, Government of India for advanced research in sugar cane agriculture.
The institute is located on Raibareli Road, Dilkusha in Lucknow, Uttar Pradesh, India.
Question : 8
Consider the following statements
- Food for Work Programme was launched in India during the 10th Five Year Plan.
- The Planning commission in India is a constitutional body.
a) Both 1 and 2
b) Only 1
c) Only 2
d) Neither 1 nor 2
Answer »Answer: (b)
According to The National Food for Work Programme, food subsidy should be better targeted through targeted public distribution system and specific programmes for the poor like Food for Work Programme.
The National Food for Work Programme was launched on 14 November 2004 in 150 of the most backward districts of India with the objective of generating supplementary wage employment. The Planning commission is not a constitutional body.
Question : 9
Which of the following has not been a component of the agriculture strategy that brought about the Green Revolution?
a) Guaranteed maximum prices
b) New agricultural technology
c) Greater intensity of crops
d) Package of inputs
Answer »Answer: (a)
The Directorate of Marketing and Inspection (DMI) headed by the Agricultural Marketing Advisor, Department of Agriculture & Cooperation (DAC) implements agricultural marketing policies and programmes of the Government of India.
It undertakes:
- Standardisation,
- Grading and Quality Control of Agricultural and Allied produce,
- Market Research and Surveys along with other functions.
Question : 10
In India, agriculture income is calculated by
a) input method
b) expenditure method
c) output method
d) commodity flow method
Answer »Answer: (c)
In India, agriculture, forestry and logging, fishing, mining and quarrying, registered manufacturing and construction units are included in category A. The output method is applied to category A.
The value added by this category is found by subtracting the value of raw materials and other inputs from the aggregate of commodity-wise output.
Expenditure Method-This method measure National income sum total of final expenditure incurred by household, business firm, Govt. & Foreigners.
Commodity flow method - This method is used to estimate the purchase of commodities by intermediate or final users. This method generally begins with an estimate of the total supply of a commodity available for domestic users.
IMPORTANT indian economy mcq EXERCISES
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Agriculture Sector, Subsidy and Food Processing Shortcuts »
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indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
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» Banking, Security Market & Insurance
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