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 : 21
Consider the following statements:
- Fishing contributes around 1% in overall GDP
- Livestock contributes around 5% in overall GDP
a) Both (i) & (ii)
b) (i) only
c) (ii) only
d) Neither (i) nor (ii)
Answer »Answer: (a)
Agriculture contributes around 16.5 % in GDP, out of which fishing is around 1% and livestock is around 5%, crops around 9.5% and forestry around 1%.
Question : 22
Which one of the following items has the highest share of India in the World Exports?
a) Pearls, precious stones, metals, coins, etc
b) Lac, gums, resins, vegetable saps, and extracts etc
c) Coffee, tea, mate, spices etc
d) Vegetable plaiting materials, vegetable products etc
Answer »Answer: (b)
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 : 23
The Green Revolution in India has contributed to
a) inter-class inequality
b) inter-crop inequality
c) inter-regional inequality
d) all of the above
Answer »Answer: (d)
The Green Revolution in India has contributed to inter-regional, inter-class and inter-crop inequality as certain regions like UP and Punjab which used HYVs much better than others have become more advanced than others.
Similarly, certain classes which were rich like big landlords could purchase HYV and thus have grown richer.
Similarly, certain crops like wheat have done better than others creating inequality.
Question : 24
Consider the following statements :
- The Union Government fixes the statutory minimum price of sugarcane for each sugar season.
- Sugar and sugarcane are essential commodities under the Essential Commodities Act.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither1 nor 2
Answer »Answer: (c)
The union government fixes the statutory minimum price of sugarcane for each sugar season. Sugar and sugarcane are essential commodities under the essential commodities Act. So both statements are correct.
Question : 25
“Everything else can wait, but not agriculture”. The statement is attributed to
a) J.L. Nehru
b) Mahatma Gandhi
c) Jagjivan Ram
d) Sardar Patel
Answer »Answer: (a)
The statement, “Everything else can wait, but not agriculture” is attributed to J.L. Nehru. Nehru mentioned these words after independence.
He said this in the context of the Bengal Famine of 1942–43 and the acute food scarcity prevailing in the country in 1947.
IMPORTANT indian economy mcq EXERCISES
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Indian Agriculture Subsidy & Food Processing MCQ Quiz PDF »
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Top 500+ Indian Agriculture GK Online MCQ Test For IBPS »
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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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