agriculture sector subsidy & food processing section 3 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 36

Agriculture sector directly employs one of the following percentages of labour force in India

a) 30%

b) 40%

c) 20%

d) 52%

Answer: (d)

Agriculture, diary, horticulture and related occupations alone employ 52 percent of labour in India.

Question : 37

Which of the following is correct regarding Rashtriya Krishi Vikas Yojana?

  1. RKVY was launched in 2007-08
  2. The aim was to incentivize states to enhance investment in agriculture and allied sectors to achieve a 4% growth rate.
  3. 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.

a) All the above

b) Only I

c) Only II

d) None of the above

Answer: (a)

RKVY was launched in 2007-08 for the 11th plan to incentivize states to enhance investment in agriculture and allied sectors to achieve a 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 : 38

What is the WTO Agreement on Agriculture (AoA)?

  1. It permitted the developed countries to continue to provide farm subsidies but under certain restrictions.
  2. It permitted the developing countries to continue to provide farm subsidies but under certain restrictions.
  3. It does not permit the developed countries to continue to provide farm subsidies.

a) Only II

b) Only III

c) Only I

d) None of the above

Answer: (c)

The WTO Agreement on Agriculture (AoA), 1995 permitted the developed countries to continue to provide farm subsidies, but under certain restrictions

Question : 39

Pink revolution is related to

a) Oil seeds

b) Milk

c) Shrimp

d) Wool

Answer: (c)

Question : 40 [UP-PCS 2015]

Which one of the following pairs is not correctly matched?

a) Social Security Measures – Bharat Nirman

b) Rural Credit – NABARD

c) Industrial Finance – SIDBI

d) Rural Employment – SJSRY

Answer: (a)

Bharat Nirman is an Indian business plan for creating and augmenting basic rural infrastructure.

It comprises projects on

  1. irrigation,
  2. roads (Pradhan Mantri Gram Sadak Yojana),
  3. housing (Indira Awaas Yojana),
  4. water supply (National Rural Drinking Water Programme),
  5. electrification (Rajiv Gandhi Grameen Vidyutikaran Yojana) and
  6. telecommunication connectivity.

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1217 Agriculture Sector, Subsidy based indian economy MCQ section 3 question answer explanation pdf

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