agriculture sector subsidy & food processing section 4 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 9
agriculture sector subsidy & food processing section 10
Question : 24
The price at which the Government purchase foodgrains for maintaining the public distribution system and for building up buffer stocks are known as
a) Procurement prices
b) Minimum support prices
c) Issue prices
d) Coiling prices
Answer »Answer: (a)
The price at which the Government purchases foodgrains for maintaining the public distribution system and for building up buffer stocks are known as procurement prices.
Question : 25
Consider the following statements regarding organic foods in India:
- FSSAI regulates organic foods in India
- Any food to be sold as ‘organic’ in India must be certified through National Program for Organic Production (NPOP)
- ‘Jaivik Bharat’ is a logo developed by FSSAI for organic products in India
a) (i) & (iii) only
b) (i) only
c) (iii) only
d) All of the above
Answer »Answer: (a)
Food Safety and Standards Authority of India (FSSAI) regulates organic foods in India. FSSAI in Nov 2017, published regulations on organic food which regulates the manufacture, sale, distribution and import of organic food in India.
As a consequence, any food to be sold as ‘organic’ in India will have to be certified under either of the two prevailing systems. The two systems are National Programme for Organic Production (NPOP) and the Participatory Guarantee System for India (PGS-India).
Prior to the application of these regulations, only food products meant for export have to be certified and that too under the NPOP system. The PGS-India system is meant for the domestic market only. Drafted with an objective of addressing the problem of fraud and mislabelling in food claimed as ‘organic’, the organic regulations allow the import of organic food into India without being re-certified in India if the organic standards of the exporting country have been recognised as equivalent to NPOP.
Apart from operationalising these regulations, FSSAI has also developed a common logo for organic food from India called ‘Jaivik Bharat’ which would integrate the logos of both—the NPOP system and PGS-India.
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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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