agriculture sector subsidy & food processing section 2 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
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agriculture sector subsidy & food processing section 10
Question : 11
Which is not a source of Agriculture finance in India?
a) Commercial Banks
b) Co-operative societies
c) Regional Rural Banks
d) None of these
Answer »Answer: (d)
Co-operative societies, Commercial Banks and Regional Rural Banks are sources of agriculture finance in India.
They provide finance under various schemes run by central government and state governments to purchase seeds, implements, fertilizer, pesticides etc.
Question : 12
Which one of the following is not included in the Agriculture and Allied Services of Indian Economy?
a) Forestry
b) Fishing
c) Logging
d) Food Processing
Answer »Answer: (d)
Agriculture and allied sectors are considered to be the mainstay of the Indian economy.
They are the important source of raw material and demand for many industrial products, particularly fertilizers, pesticides, agricultural implements and a variety of consumer goods. They contribute nearly 22 per cent of the Gross Domestic Product (GDP) of India.
About 65-70 per cent of the population is dependent on agriculture for their livelihood.
The ‘Agriculture and allied’ industry is further divided into several segments, namely:
- horticulture and its allied sectors (including fruits and vegetables, flowers, plantation crops, spices, aromatic and medicinal plants);
- fisheries sector;
- animal husbandry and livestock;
- and sericulture.
India’s varied agro-climatic conditions are highly favourable for the growth of the large number of horticultural crops, which occupy around 10 per cent of the gross cropped area of the country producing 160.75 million tonnes.
However, food processing does not fall under this category.
Question : 13
What are the factors that have a definite impact on investment in agriculture?
- Size of holdings
- The pattern of ownership
- The method of inheritance and security of tenure
a) All the above
b) Only I
c) I & II
d) None of the above
Answer »Answer: (a)
Factors like the size of holdings, the pattern of ownership, the method of inheritance and security of tenure have a definite impact on investment in agriculture.
Question : 15
Which of the following is the chief characteristic of mixed farming?
a) Cultivation of two or more crops in the same field
b) Cultivation of both cash crops and food crops
c) Rearing of animals and cultivation of crops together
d) None of the above
Answer »Answer: (c)
Rearing of animals and cultivation of crops together is the chief characteristic of mixed farming.
IMPORTANT indian economy mcq EXERCISES
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500+ Indian Agriculture Sector GK MCQ Quiz For UPSC IAS »
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Top 500+ Agriculture Sector MCQ Quiz PDF For SSC RRB IBPS »
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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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New 500+ Indian Food Processing & Subsidy GK MCQ Quiz PDF »
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500+ Agriculture Subsidy & Food Processing GK MCQ For RRB »
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500+ Indian Agriculture Schemes GK MCQ For IBPS SSC RRB »
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Top Indian Primary Sector GDP Impacts Issues MCQ Quiz PDF »
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600+ Indian Agriculture GK Questions and Answers Quiz PDF »
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New 499+ Food Processing Questions and Answers For IBPS »
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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