agriculture sector subsidy & food processing section 6 Practice Questions Answers Test with Solutions & More Shortcuts
Agriculture Sector, Subsidy and Food Processing PRACTICE TEST [10 - EXERCISES]
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Question : 36 [NABARD 2016]
During the year 2014-15, India’s exports of animal products is reported to be over Rs.33,128.30 crore. Which of the following form of meat was the single largest item exported during the period?
a) Sheep/Goat meat
b) Processed and other meat
c) Poultry products
d) Buffalo meat
Answer »Answer: (d)
Buffalo meat was the single largest item exported during the period (Up to Feb. 2015) with the value of US $ 4410103663.
Question : 37
What is a Green Box subsidy?
- These include direct payments to farmers to limit production and certain government assistance to encourage agriculture and rural development in developing countries
- These include government policies of Minimum Support Prices (MSP) for agricultural products or any help directly related to production quantities (for eg. power, fertiliser, seeds, pesticides, irrigation etc.).
- These include amounts spent on research, disease control, infrastructure and food security
a) Only III
b) I & III
c) Only II
d) III & II
Answer »Answer: (a)
Green Box subsidies include amounts spent on research, disease control, infrastructure and food security.
These also include direct payments made to farmers such as income support that do not stimulate production. These are not considered trade-distorting and are encouraged.
Question : 38
Consider the following statements
- The crop development scheme of the Government of India called National Food Security Mission (NFSM) was launched in 2007.
- Accelerated Pulses Production Programme is an important component of the National Food Security Mission (NFSM).
a) Only 2
b) Only 1
c) Both 1 and 2
d) Neither 1 nor 2
Answer »Answer: (c)
The National Development Council (NDC) in its 53rd meeting held on 29th May 2007 adopted a resolution to launch a Food Security Mission comprising rice, wheat and pulses to increase the production of rice by 10 million tons, wheat by 8 million tons and pulses by 2 million tons by the end of the Eleventh Plan (2011-12).
Accordingly, a Centrally Sponsored Scheme, ‘National Food Security Mission (NFSM), was launched in October 2007. The Mission is being continued during the 12th Five Year Plan with new targets of additional production of food grains of 25 million tons of food grains comprising of 10 million tons rice, 8 million tons of wheat, 4 million tons of pulses and 3 million tons of coarse cereals by the end of 12th Five Year Plan.
In order to accelerate the pulses production, the scope of the National Food Security Mission will be enhanced through the following changes:
- The merger of Integrated Scheme on Oilseeds Pulses, Oil palm and Maize (ISOPOM) Pulses components and area with NFSM pulses,
- Inclusion of additional programmes such as innovative “Accelerated Pulses Production Programme (A3P)” with nutrient and plant protection centric block demonstrations over 1 million hectares of pulses crop area and,
- Inclusion of innovative development and research projects.
Question : 39
Which one of the following is the apex cooperative organisation at the national level of India?
a) NAFED
b) TRIFED
c) FCS
d) RRBs
Answer »Answer: (a)
National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) is an apex organisation of marketing cooperatives for agricultural produce in India, under the Ministry of Agriculture, Government of India.
It was founded in October 1958 to promote the trade of agricultural produce and forest resources across the nation. NAFED is now one of the largest procurement as well as marketing agencies for agricultural products in India.
Question : 40
National Seed Policy, 2002 is based on the recommendation of
a) M.V Rao Committee
b) Y.V Reddy Committee
c) Kelkar Committee
d) Abhijit Sen Committee
Answer »Answer: (a)
National seed policy is based on the recommendation of the M.V. Rao committee in 2002. The Policy is meant to “strengthen the seed industry’’ in view of the liberalisation in the farm sector under the World Trade Organisation.
The policy seeks to provide intellectual property protection to stimulate investment in the research and development of new plant varieties.
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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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