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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Question : 37
Which of the following is correct regarding Rashtriya Krishi Vikas Yojana?
- RKVY was launched in 2007-08
- The aim was 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.
a) All the above
b) Only I
c) Only II
d) None of the above
Answer »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)?
- It permitted the developed countries to continue to provide farm subsidies but under certain restrictions.
- It permitted the developing countries to continue to provide farm subsidies but under certain restrictions.
- 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 »Answer: (c)
The WTO Agreement on Agriculture (AoA), 1995 permitted the developed countries to continue to provide farm subsidies, but under certain restrictions
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 »Answer: (a)
Bharat Nirman is an Indian business plan for creating and augmenting basic rural infrastructure.
It comprises projects on
- irrigation,
- roads (Pradhan Mantri Gram Sadak Yojana),
- housing (Indira Awaas Yojana),
- water supply (National Rural Drinking Water Programme),
- electrification (Rajiv Gandhi Grameen Vidyutikaran Yojana) and
- telecommunication connectivity.
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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