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
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agriculture sector subsidy & food processing section 10
Question : 21
On which of the following item groups, is the share of food expenditures increasing at the fastest rate in India?
a) Pulses
b) Cereals
c) Milk and its Products
d) Vegetables
Answer »Answer: (c)
Milk and milk products exhibited high rates of inflation recently.
Pulses, MFE, and milk and milk products which together constituted around 30 per cent of the total food expenditure in 2009-10 (2004-05=100, as per the 66th NSSO Round) were responsible for around 42 per cent of food inflation during the latter period.
This signifies that protein sources of food, both plant and animal, have emerged as an important driver of food inflation in recent periods.
Question : 22
Consider the following statements:
- National Agricultural Insurance Scheme (NAIS) was launched in 1999.
- The growth rate of the primary sector of the Indian Economy sector never reached 8% during the planning history of the Indian economy.
a) 1 and 2
b) 1 only
c) 2 only
d) None
Answer »Answer: (b)
In the year 1999, the National Agricultural Insurance Scheme was introduced by replacing the Comprehensive Crop Insurance Scheme.
NAIS covers all food crops (cereals and pulses), oilseeds, horticultural and commercial crops. It covers all farmers, both loanees and non-loanees, under the scheme.
The growth rate of the primary sector reached above 8% with the green revolution.
Question : 23
In the context of the food and nutritional security of India, enhancing the ‘Seed Replacement Rates’ of various crops helps in achieving the food production targets of the future. But what is/are the constraints/ constraints in its wider/greater implementation?
- There is no National Seeds Policy in place.
- There is no participation of private sector seed companies in the supply of quality seeds of vegetables and planting materials of horticultural crops.
- There is a demand-supply gap regarding quality seeds in the case of low value and high volume crops.
a) 2 and 3
b) 1 and 2
c) 3 only
d) None
Answer »Answer: (c)
We have a National Seed policy made in 2002.
So 1 is not a constraint. The private sector produces high-priced seeds but in lower volume. It supplies nearly the entire hybrid seeds required for vegetables.
So 2 is not a constraint. In the case of low value and high volume crops such as wheat and rice, farmers tend to use their own preserved seeds as there is a demand and supply gap.
So 3 is a constraint.
Question : 24
Consider the following:
- Prevent Black marketing
- Trade and earn revenue
- Become the sole controller of food grain supply
a) Only 2 & 3
b) Only 1
c) Only 1 & 3
d) 1, 2 & 3
Answer »Answer: (b)
Question : 25
Consider the following statements regarding “National Gene Fund”:
- It has been established under the Protection of Plant Varieties and Farmers Rights Act 2001
- It has been established under the Indian Patent Act of 1970
- It will receive benefit-sharing from the breeder
a) (i) & (ii) only
b) (i) only
c) (ii) only
d) (i) & (iii) only
Answer »Answer: (d)
As per the Protection of Plant Variety and Farmers Rights Act, 2001 Section 45, “National Gene Fund” has been constituted to receive (or give) contributions from:
The Breeder will have to pay royalty which will go to the National Gene Fund
The amount of the benefit sharing to a variety will have to be deposited by the breeder of such variety to the National Gene Fund.
If someone gives a claim that the genetic material possessed by him was used in the· development of the seed variety by the breeder then the claimant will get benefit sharing from the National Gene Fund
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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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