agriculture sector subsidy & food processing section 8 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 : 1
To address the problem of sustainable and holistic development of rainfed areas, including appropriate farming and livelihood system approaches, the government of India has set up the
a) National Watershed Development Project for Rainfed Areas
b) National Mission on Rainfed Areas
c) National Rainfed Area Authority
d) Command Area Development and Water Management Authority
Answer »Answer: (c)
Question : 2
Consider the following statements about the National Cooperative Marketing Federation of India Limited (NAFED).
- NAFED promotes inter-state trade as well as the export of certain agricultural commodities to many foreign countries.
- NAFED is responsible for the movement of the essential commodities from surplus areas to scarcity areas.
a) Both 1 and 2
b) 1 only
c) 2 only
d) Neither 1 nor 2
Answer »Answer: (a)
National cooperation marketing federation of India limited NAFED promotes cooperative marketing, promotes the inter-state trade as well as export of certain agricultural commodities to many foreign countries.
It is responsible for stabilizing the prices of commodities and thus responsible for the movement of the essential commodities from surplus areas to scarcity areas.
Question : 3
Which statement is correct regarding NAIS?
- It is a central sector, government-sponsored crop insurance scheme, in operation since 1999.
- It provides financial support to the farmers in the failure of any of the crops.
- The AICIL is the implementing agency of this scheme.
a) Only III
b) I & II
c) Only II
d) All the above
Answer »Answer: (d)
National Agricultural Insurance Scheme is a central sector, government-sponsored crop insurance scheme, in operation since 1999.
This scheme aims at tackling the issue of production risk faced by the agricultural sector. It provides financial support to the farmers in the failure of any of the crops.
The AICIL is the implementing agency of this scheme. NAIS has been further modified as MNAIS with the aim of further helping the farm sector.
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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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