agriculture sector subsidy & food processing section 4 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 31

Consider the following statements :

  1. National Agricultural Insurance Scheme (NAIS) was launched in the Sixth Five Year Plan of the Indian Economy.
  2. The growth rate of the primary sector of the Indian Economy sector never reached 8% during the planning history of Indian economy.
Which of the statements given above is/are correct?

a) 2 only

b) 1 only

c) Both 1 and 2

d) Neither 1 nor 2

Answer: (d)

In the year 1999, the National Agricultural Insurance Scheme was introduced by replacing the comprehensive crop Insurance Scheme. NAIS covers all food crops (cereals and pulses), oilseeds, horticultural and commercial crops.

It covers all farmers, both loanees and non-loanees, under the scheme. The growth rate of the primary sector reached above 8% with the green revolution. Both the given statements are not correct.

Question : 32

When was the Kisan Credit Card schemes for the farmers started in India?

a) 1998–1999

b) 2005–2006

c) 1995–1996

d) 2007–2008

Answer: (a)

A Kisan Credit Card is a credit card to provide affordable credit for farmers. It was started by the Reserve Bank of India (RBI), and National Bank for Agricultural and Rural Development (NABARD) in 1998–99 to help farmers access timely and adequate credit.

Question : 33

Consider the following statements:

  1. Among Fruits, Largest Area under cultivation in India is that of Banana
  2. Among Fruits, Largest Production is India is that of Mango
Which among the above is / are correct statements?

a) Both statements are correct

b) Only 1 is correct

c) Only 2 is correct

d) Both statements are incorrect

Answer: (d)

Question : 34

The importance of agriculture in Indian Economy is indicated by its contribution to which of the following?

a) Industrial development and international trade

b) National income and employment

c) Supply of foodgrains

d) All of the above

Answer: (d)

The importance of agriculture in Indian Economy is indicated by its contribution to national income, industrial development and supply of foodgrains.

It contributes around 13.7% to GDP, supplies raw materials for the development of industries along with supplying food grains for livelihood.

Question : 35

The importance of agriculture in Indian economy is indicated by its contribution to which of the following?

a) Industrial development and international trade

b) National Income and Employment

c) Supply of food-grains

d) All the above

Answer: (d)

The importance of agriculture in the Indian Economy is indicated by its contribution to national income, industrial development and supply of foodgrains.

It contributes around 13.7% to GDP, supplies raw material for the development of industries along with supplying foodgrains for livelihood.

IMPORTANT indian economy mcq EXERCISES

Agriculture Sector, Subsidy and Food Processing Shortcuts »

Click to Read...

agriculture sector subsidy & food processing section 4 Online Quiz

Click to Start..
1218 Subsidy and Food Processing based indian economy MCQ section 4 question answer explanation pdf

Recently Added Subject & Categories For All Competitive Exams

New 100+ Compound Interest MCQ with Answers PDF for IBPS

Compound Interest verbal ability questions and answers solutions with PDF for IBPS RRB PO. Aptitude Objective MCQ Practice Exercises all competitive exams

02-Jul-2024 by Careericons

Continue Reading »

100+ Mixture and Alligation MCQ Questions PDF for IBPS

Most importantly Mixture and Alligation multiple choice questions and answers with PDF for IBPS RRB PO. Aptitude MCQ Practice Exercises all Bank Exams

02-Jul-2024 by Careericons

Continue Reading »

IBPS Profit and Loss Questions Solved Problems with PDF

Most important Profit and Loss multiple choice questions and answers with PDF for IBPS RRB PO. 100+ Aptitude MCQ Practice Exercises all competitive exams

28-Jun-2024 by Careericons

Continue Reading »

100+ Average Aptitude Questions Answers solutions MCQ PDF

New Average multiple choice questions and answers with PDF for IBPS RRB PO. 100+ Quantitative Aptitude MCQ Practice Exercises all competitive exams

28-Jun-2024 by Careericons

Continue Reading »