agriculture sector subsidy & food processing section 7 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 6

In which year National Seed Policy was announced?

a) 2002

b) 2000

c) 2003

d) 2004

Answer: (a)

National seed policy was announced in 2002. National seed policy is based on the recommendations 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.

Question : 7

Which one of the following is not the aim of the Rainbow Revolution of Indian Economy formulated in the National Agricultural Policy, 2000?

a) Greater private sector participation in agriculture

b) Target to achieve 4% growth rate in agriculture

c) National Agriculture Insurance Scheme for all farmers

d) Import of High Yielding Varieties of crops from other countries

Answer: (d)

In July 2000, the Centre Government of India had announced the first-ever national agriculture policy.

The policy aimed at achieving a growth rate of over 4 per cent per annum by introducing ‘rainbow revolution’ in the next two decades so that the total GDP growth can be sustained at 6.5 per cent.

Import of High Yielding Varieties of crops from other countries was not included in the objective of this revolution.

Question : 8

Which among the below are the products in which India is 1st in the world?

  1. Milk
  2. Pulses
  3. Spices
  4. Jute

a) II, III &IV

b) I, II & III

c) I, II & IV

d) All the above

Answer: (d)

Question : 9

Consider the following statements :

  1. India is meeting 85% of the urea fertilizer through indigenous production.
  2. India produces a surplus amount of fertilizers containing phosphorous and potassium.
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: (b)

In the given statements, India is meeting 85% of the urea fertilizer through indigenous production is correct.

However, we are deficient in phosphatic and potassic resources and around 90% is imported.

Question : 10

Which one of the following five year plans has the highest growth rate in Agriculture sector in India ?

a) Seventh Five Year Plan

b) Sixth Five Year Plan

c) Eighth Five Year Plan

d) Ninth Five Year Plan

Answer: (c)

The growth performance of the agriculture sector has been fluctuating across the plan periods. It witnessed a growth rate of 4.8 per cent during the Eighth plan period (1992–97).

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1221 Food Processing based indian economy MCQ section 7 question answer with explanation pdf

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