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]
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agriculture sector subsidy & food processing section 10
Question : 31
Consider the following statements :
- India ranks first in the world in dairy milk production.
- The per capita availability of dairy milk in India is more than the per capita availability of the world.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »Answer: (c)
The Indian dairy sector has acquired substantial growth momentum from the Ninth Five-Year Plan onwards, as a result of which the country now ranks first among the world’s milk-producing nations.
The per capita availability of milk has reached a level of 290g per day by the year 2012, which is more than the world average of 284g per day.
Question : 32
Consider the following statements regarding the scheme PM-KISAN:
- All the farmers are eligible without any exception
- The scheme will not be inflationary in nature
a) Both (i) & (ii)
b) (i) only
c) (ii) only
d) Neither (i) nor (ii)
Answer »Answer: (d)
All landholding farmers' families, which have cultivable landholding in their names are eligible to get benefit under the PM-KISAN scheme, in which government gives Rs. 6000 annually in three instalments of Rs. 2000 each. The following category of farmers are not eligible:
Institutional land-holders Farmer families in which one or more of its members belong to the following categories:
- Former and present holders of constitutional posts
- Former and present Ministers/ State Ministers and former/present Members of Lok Sabha/ Rajya Sabha/ state Legislative Assemblies/ State Legislative councils, former and present Mayors of Municipal corporations, former and present Chairpersons of District Panchayats.
- All serving or retired officers and employees of Central/ State Government Ministries /Offices/Departments and its field units Central or State PSEs and Attached offices /Autonomous institutions under Government as well as regular employees of the Local Bodies
- All superannuated/retired pensioners Rs.10,000/-or more
- All Persons who paid Income Tax in last assessment year
- Professionals like Doctors, Engineers' Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practices.
- Through the PM-KISAN scheme, money will reach the hands of the poor farmer which will ultimately increase the demand in the rural areas and may result in higher inflation.
Question : 33
What is Rashtriya Krishi Vikas Yojana?
- Mission To increase the production of rice, wheat and pulses by 10, 8 and 2 million tonnes respectively.
- To enhance investment in agriculture and allied sectors to achieve a 4% growth rate.
- For the promotion of holistic growth of horticulture sector, including fruits, vegetables, root and tuber crops, mushroom, spices, flowers, aromatic plants, cashew and cocoa.
- Provides flexibility to states in implementation based on a regionally differentiated approach for promoting crop diversification and providing a focus to the programme.
a) IV
b) II
c) III
d) I
Answer »Answer: (b)
RKVY was launched in 2007-08 for the 11th plan to incentivize states to enhance investment in agriculture and allied sectors to achieve 4% growth rate.
The government has approved the continuation of the RKVY scheme in the 12th plan whereby the funding will be routed into three components production growth, infrastructure and assets, and sub-schemes and Flexi-fund.
Question : 34
Consider the following statements:
- Indian government announces the minimum support price for 10 agricultural commodities for each Kharif and Rabi crop in a year.
- The common paddy has a higher minimum support price than the paddy grade-A.
a) 1 and 2 both
b) 1 only
c) 2 only
d) None
Answer »Answer: (d)
Minimum support prices fixed by Government (Rs./Quintal) in 2015-16 covers 25 agricultural commodities
i.e., 14 Kharif, 7 Rabi and 4 other crops. Common paddy has Rs. 1410/quintal & Grade A has Rs. 1450/quintal.
Question : 35
Which one of the following is not included in the Agriculture and Allied Services of Indian Economy?
a) Forestry
b) Logging
c) Fishing
d) Food Processing
Answer »Answer: (d)
Agriculture (crops) and allied sectors are like forestry, logging and fishing. Food processing is not included in the Agriculture and allied services of the Indian Economy.
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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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