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
agriculture sector subsidy & food processing section 2
agriculture sector subsidy & food processing section 3
agriculture sector subsidy & food processing section 4
agriculture sector subsidy & food processing section 5
agriculture sector subsidy & food processing section 6
agriculture sector subsidy & food processing section 7
agriculture sector subsidy & food processing section 8
agriculture sector subsidy & food processing section 9
agriculture sector subsidy & food processing section 10
Question : 26
What is the contribution of livestock in agricultural sector?
a) 15%
b) 5%
c) 25%
d) 10%
Answer »Answer: (c)
Livestock contributes 25 per cent of gross value added in the agriculture sector and provides self-employment to about 21 million people.
Growth of livestock output averaged 4.8 per cent per annum during the Eleventh Plan recovering from an average of 3.6 per cent in the Ninth and the tenth Plans.
Question : 27
Consider the following statements
- The recent decision of Government of India to partially decontrol the sugar industry gives the millers the freedom to sell sugar in open market and removes their obligation to supply sugar at subsidised rates to ration shops.
- C. Rangarajan panel also suggested decontrolling of sugar industry in India.
a) Both 1 and 2
b) Only 1
c) Only 2
d) Neither 1 nor 2
Answer »Answer: (a)
The decision to partially decontrol the sugar sector was taken by the Cabinet Committee on Economic Affairs (CCEA).
This gives millers the freedom to sell in the open market and remove their obligation to supply the sweetener at subsidised rates to ration shops.
The Rangarajan Committee has recommended total decontrol of the sugar industry by doing away with the levy sugar obligation, release mechanism and freeing of export-import.
Question : 29
What is Cooperative tenant farming?
- Where the society holds the land and leases it to individual members.
- Where land is irrevocably surrendered to the collective.
- Where the farmers pool their land and reap the economies of scale, although the ownership continues to remain with the individual farmer.
a) Only III
b) I & II
c) Only I
d) None of the above
Answer »Answer: (c)
In Cooperative tenant farming, the society holds the land and leases it to individual members.
Question : 30
Intensive Agriculture District Programme (IADP) was started in
a) 1960-61
b) 1961-62
c) 1959-60
d) 1962-63
Answer »Answer: (a)
The Intensive Agriculture District Programme (IADP) was launched as the first major experiment in intensive agriculture development in the year 1960.
The intensive Agriculture Development program (IADP) was the first major experiment of the Indian government in the field of agriculture and it was also known as a “package programme” as it was based upon the package approach.
The core philosophy was to provide loans for seeds and fertilizers to farmers.
IMPORTANT indian economy mcq EXERCISES
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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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