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 : 31
Which one of the following crops has been exceeding target since 2004-05 in India but its growers have been committing suicide in large numbers in many parts of the country every year?
a) Cotton
b) Pulse
c) Oilseeds
d) Wheat
Answer »Answer: (a)
A study conducted in 2014 found that there are three specific characteristics associated with high-risk farmers:
- “those that grow cash crops such as coffee and cotton;
- those with ‘marginal’ farms of less than one hectare; and
- those with debts of 300 Rupees or more.”
The study also found that the Indian states in which these three characteristics are most common had the highest suicide rates and also accounted for “almost 75% of the variability in state-level suicides.
Question : 32
Which of the following are the objectives of the Commission for Agricultural Costs and Prices (CACP)?
- To stabilize agricultural prices
- To ensure meaningful real income levels to the farmers
- To protect the interest of the consumers by providing essential agricultural commodities at reasonable rates through public distribution system.
- To ensure maximum price for the farmer
a) 1, 3 and 4
b) 1, 2 and 3
c) 1, 2 and 4
d) 2, 3 and 4
Answer »Answer: (b)
Question : 33
Match the following total institutional credit to agriculture:
List I | List II |
(Banks) | (Percentage) |
I. Commercial bank | a. 28 % |
II. RRB’s | b. 61 % |
III. Co-operative banks | c. 11 % |
a) I – c, II – a, III – b
b) I – b, II – c, III – a
c) I – a, II – b, III – c
d) I – b, II –a, III – c
Answer »Answer: (b)
Question : 34
Which statement is correct regarding AICIL?
- It was incorporated in 2002 and is under the administrative control of the Ministry of Finance, Government of India, and under the operational supervision of the Ministry of Agriculture, Government of India.
- It seeks to provide insurance coverage and financial support to the farmers in the failure of any of the notified crops.
- It encourages the farmers to adopt progressive farming practices, high-value in-puts and higher technology; to help stabilize farm incomes, particularly in disaster years.
a) Only III
b) I & II
c) II & III
d) All the above
Answer »Answer: (d)
Agriculture Insurance Company of India Limited was incorporated in 2002 and is under the administrative control of the Ministry of Finance, Government of India, and under the operational supervision of the Ministry of Agriculture, Government of India.
It seeks to provide insurance coverage and financial support to the farmers in the failure of any of the notified crops.
IMPORTANT indian economy mcq EXERCISES
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Indian Agriculture Subsidy & Food Processing MCQ Quiz PDF »
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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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