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]
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agriculture sector subsidy & food processing section 10
Question : 36
Consider the following statements regarding Urea subsidy:
- The subsidy amount is transferred directly into the farmer's account
- The per kg subsidy amount is fixed and does not change with market fluctuation
- The price of Urea is regulated by the government
a) (iii) only
b) (i) & (ii) only
c) (ii) & (iii) only
d) All of the above
Answer »Answer: (a)
The subsidy amount is transferred into fertilizer’s company account upon verification of sale to farmers through Aadhaar.
The price of Urea is regulated by Central Government and it is Rs. 5.36/kg and the per kg subsidy by the government varies with the market fluctuations in the price of Nitrogen and other costs.
Question : 38
An objective of the National Food Security Mission is to increase the production of certain crops which are
a) Rice, wheat and pulses only
b) Rice and wheat only
c) Rice, wheat, pulses and oil seeds only
d) Rice, wheat, pulses, oil seeds and vegetables
Answer »Answer: (a)
‘National Food Security Mission’, had been launched from the rabi season 2007–08 to increase the production of rice by 10 million tons, wheat by 8 million tons pulse by 2 million tons decided by National Development Council.
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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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