agriculture sector subsidy & food processing section 3 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 5
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agriculture sector subsidy & food processing section 7
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agriculture sector subsidy & food processing section 9
agriculture sector subsidy & food processing section 10
Question : 6
Consider the following statements regarding “Protection of Plant Varieties and Farmers Rights (PPVFR) Act 2001:
- The ‘Breeder’ of the new variety will decide the royalty
- The farmer is allowed to sell his unbranded farm produce including seeds of a variety protected under this act
a) Both (i) & (ii)
b) (i) only
c) (ii) only
d) Neither (i) nor (ii)
Answer »Answer: (c)
The PPVFR Act 2001 provides for the establishment of an effective system for the protection of plant varieties, the rights of farmers and plant breeders and to encourage the development of new varieties of plants. The breeder will be entitled to benefit-sharing (royalty) under this Act as decided by the PPVFR Authority.
The farmer shall be deemed to be entitled to save, use, sow, resow, exchange, share or sell his farm produce including seed of a variety protected under this Act in the same manner as he was entitled before the coming into force of this Act, provided that the farmer shall not be entitled to sell branded (packaged) seed of a variety protected under this Act.
Question : 7
Consider the following statements :
- India has about 15% of the livestock population of the world.
- India is second to China in the population of buffalo livestock in the world.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »Answer: (b)
Regarding the livestock population, India has about 15% of the livestock population of the world.
However, the world population of buffalo has been estimated at over 140 million head. Of these, 97 per cent are found in Asia and the Pacific regions, mainly in India (75 million), China (21 million), Pakistan (14 million).
Question : 9
With reference to the agriculture sector of India, consider the following statements
- Rural Infrastructure Development Fund disperses loans to the states to complete the minor irrigation projects.
- Rural Infrastructure Development Fund is managed by the public sector commercial banks.
a) Only 2
b) Only 1
c) Both 1 and 2
d) Neither 1 nor 2
Answer »Answer: (b)
The RIDF was set up by the Government in 1995-96 for financing ongoing rural Infrastructure projects.
The Fund is maintained by the National Bank for Agriculture and Rural Development (NABARD).
The scope of RIDF has been widened to include activities such as rural drinking water schemes, soil conservation, rural market yards, rural health centres and primary schools, mini hydel plants, Shishu Shiksha Kendra, Anganwadi, and system improvement in the power sector.
The activities to be financed under RIDF include minor irrigation projects/micro-irrigation, flood protection, watershed development/reclamation of waterlogged areas, drainage, forest development, market yard/godown, apna mandi, rural haats and other marketing infrastructure, cold storage, seed/ agriculture/horticulture farms, plantation and horticulture, grading and certifying mechanisms such as testing and certifying laboratories, etc.,
community irrigation wells for irrigation purposes for the village as a whole, fishing harbour/jetties, riverine fisheries, animal husbandry and modern abattoir.
Question : 10
When was the National Food Security Mission (NFSM) launched in India?
a) Kharif Season (1999–2000)
b) Rabi Season (2007–2008)
c) Rabi Season (1999–2000)
d) Kharif Season (2007–2008)
Answer »Answer: (b)
The National Development Council (NDC) on 29th May 2007 adopted a resolution to launch a Food Security Mission comprising rice, wheat and pulses to increase the production of rice by 10 million tons, wheat by 8 million tons and pulses by 2 million tons by the end of the Eleventh Plan (2011–12).
Accordingly, a centrally sponsored Scheme, ‘National Food Security Mission’, had been launched from the rabi season 2007–08 to operationalize the above-mentioned resolution.
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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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