agriculture sector subsidy & food processing section 9 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
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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 : 26
Which one of the following five year plans hasthe highest GDP growth rate in Agriculture sector in India?
a) Ninth Five Year Plan
b) Eighth Five Year Plan
c) Tenth Five Year Plan
d) Eleventh Five Year Plan
Answer »Answer: (b)
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).
Question : 27
Which among the following facility has been started in India for refinance assistance for small irrigation, IRDP, Dairy Development and Mechanism of farms?
a) National Rural Credit Fund
b) National Credit Fund
c) National Credit Stabilization Fund
d) Rural Infrastructural Development Fund
Answer »Answer: (c)
Question : 28
When was the National Food Security Mission (NFSM) launched in India?
a) Kharif Season (1999–2000)
b) Rabi Season (1999–2000)
c) Rabi Season (2007–2008)
d) Kharif Season (2007–2008)
Answer »Answer: (c)
The National Development Council (NDC) on 29th May 2007 adopted a resolution to launch a Food Security Mission comprising rice, wheat and pulses to increase the production of rice by 10 million tons, wheat by 8 million tons and pulses by 2 million tons by the end of the Eleventh Plan (2011–12).
Accordingly, a centrally sponsored Scheme, ‘National Food Security Mission’, had been launched from the rabi season 2007–08 to operationalize the above-mentioned resolution.
Question : 30
The Commission of Agricultural Costs and Prices fixes the
a) Wholesale price
b) Retail price
c) Support price
d) None of these
Answer »Answer: (c)
The Commission of Agricultural Costs & Prices (CACP since 1985, earlier named as Agricultural Prices Commission) came into existence in January 1965.
It is mandated to recommend minimum support prices (MSPs) to incentivize the cultivators to adopt modern technology and raise productivity and overall grain production in line with the emerging demand patterns in the country.
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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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