agriculture sector subsidy & food processing section 5 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 16

Consider the following statements:

1. Accelerated Irrigation Benefit Programme (AIBP) for the 12th Five Year Plan (FYP) has been deferred by CCEA.
2. The programme supports in states to improve the irrigation infrastructure

a) 1 and 2 both

b) 1 only

c) 2 only

d) None

Question : 17

What is Cooperative joint farming?

1. Where the society holds the land and leases it to individual members
2. Where land is irrevocably surrendered to the collective;
3. 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 II

d) None of the above

Question : 18

What is the procurement price?

1. It is the price at which government purchases the crop after harvesting, while MSP is the minimum price at which government declares it will buy the crop.
2. It is that price at which people purchases the crop after harvesting, while MSP is the maximum price at which government declares it will buy the crop
3. It is the price at which people purchase the product from the government

a) Only III

b) Only I

c) II & III

d) None of the above

Question : 19

Which is correct with respect to the second green revolution?

1. It seeks to minimize post-harvest wastage
2. Improve storage and help Indian farmers meet the phytosanitary conditions so that they can participate productively in the global agricultural trade.
3. It is assisted by research undertaken by public institutions such as Universities.
4. It is directed by proprietary research and governed by Intellectual Property Rights.

a) I, II & IV

b) I & II

c) I, II & III

d) All the above

Question : 20

With reference to the agriculture sector of India, consider the following statements

1. Rural Infrastructure Development Fund disperses loans to the states to complete the minor irrigation projects.
2. Rural Infrastructure Development Fund is managed by the public sector Commercial Banks.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2