ECONOMY MCQS SET 85

ECONOMY MCQS SET 85

841) Which of the following is/are the objective(s) of the 'National Watershed Development Project' for rainfed areas of India?
A) Sustainable farming systems
B) Integrated watershed management
C) Reclamation of forest area
D) Both 'a' and 'b'
Correct Answer: Both 'a' and 'b'
   
842) Consider the following statements
1. Agriculture and allied sectors contribute less than 20% of Gross Domestic Product of India.
2. Around 60% of net sown agricultural area of India is depended on rainfall.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Both 1 and 2
   
843) What is the main aim of the agriculture and allied sectors in the approach paper to the Twelfth Five Year Plan?
A) To achieve the target of compounded GDP growth rate of 5%
B) To achieve the growth rate of more than 5%
C) Redouble the efforts to ensure 4% average growth
D) Redouble the efforts to ensure 6% average growth
Correct Answer: Redouble the efforts to ensure 4% average growth
   
844) Kisan Credit Card was launched by Indian Government to facilitate the short-term loan and cash delivery to farmers. Which one of the following agencies is not included in the operation of the Kisan Credit Cards?
A) Scheduled Commercial Banks
B) Co-operative Banks
C) Regional Rural Banks
D) NABARD
Correct Answer: NABARD
   
845) Consider the following statements about the National Agricultural Insurance Scheme (NAIS)
1. In National Agricultural Insurance Scheme (NAIS), the premium of the insurance for the different crops is same.
2. The National Agricultural Insurance Scheme (NAIS) has no any sun set clause for the premium subsidy provided by the governments.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Neither 1 nor 2

846) Consider the following statements
1. National Rainfed Area Authority (NRAA) was constituted in 2006 to give focused attention to the problem of the rainfed areas of the country.
2. National Rainfed Area Authority (NRAA) has a two tier structure, the Governing Board and Executive Committee.
3. Union Rural Development Minister is the Chairman of the National Rainfed Area Authority (NRAA)
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) 1 and 2
D) All of these
Correct Answer: 1 and 2
   
847) The Government of India has launched agriportals in the country. Identify them from the following
1. The Soil Health Card Portal
2. Fertiliser Quality Control System Portal
3. Agricultural Information Portal
4. The Participatory Guarantee system Portal
Choose the right answer using the codes given below
A) 1 and 3
B) 1, 2 and 3
C) 2 and 4
D) 1, 2 and
Correct Answer: 1, 2 and
   
848) Consider the following statements
1. The Food Corporation of India conducts effective price support operations for safeguarding the interests of the farmers.
2. FCI has an objective to make food grains available at reasonable prices, particularly to vulnerable section of the society.
Which of the statements given above is/are true?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Both 1 and 2
   
849) Which one among the following agricultural sectors is covered under the Market Intervention Scheme (MIS) of the Indian Government?
A) Forestry
B) Irrigation
C) Horticulture
D) Animal Husbandry
Correct Answer: Horticulture
   
850) Consider the following statements
1. During the period 1960-61 to 2010-11 the foodgrains production grew at a compounded annual growth rate of around 2%.
2. Foodgrains production rose from around 50 million tonnes in the First Five Year Plan to 300 million tonnes at the end of Eleventh Five Year Plan.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Only 1