agriculture sector subsidy & food processing section 7 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 : 6
In which year National Seed Policy was announced?
a) 2002
b) 2000
c) 2003
d) 2004
Answer »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 »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 : 9
Consider the following statements :
- India is meeting 85% of the urea fertilizer through indigenous production.
- India produces a surplus amount of fertilizers containing phosphorous and potassium.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »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 »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).
IMPORTANT indian economy mcq EXERCISES
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Indian Agriculture Subsidy & Food Processing MCQ Quiz PDF »
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Top 500+ Indian Agriculture GK Online MCQ Test For IBPS »
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500+ Indian Agriculture Schemes GK MCQ For IBPS SSC RRB »
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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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