ECONOMY MCQS SET 88

ECONOMY MCQS SET 88

871) Consider the following statements
1. Market Intervention Scheme (MIS) covers agricultural commodities which are generally perishable in nature.
2. Market Intervention Scheme (MIS) covers agricultural commodities which are not covered under the PSS.
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
   
872) Consider the following statements
1. The crop development scheme of the Government of India called National Food Security Mission (NFSM) was launched in 2007.
2. Accelerated Pulses Production Programme is an important component of the National Food Security Mission (NFSM)
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
   
873) List the following countries from top rice producer to least rice producer.
1. Vietnam
2. India
3. China
4. Indonesia
Choose the correct answer using the codes given below
A) 4, 2, 1, 3
B) 2, 1, 4, 3
C) 3, 2, 4, 1
D) 1, 2, 3, 4
Correct Answer: 3, 2, 4, 1
   
874) Consider the following statements
1. Rashtriya Krishi Vikas Yojana (RKVY) was launched to incentivise the states to enhance public investment to achieve 4% growth rate in Agriculture and Allied sectors during the Eleventh Five Year Plan period.
2. Rashtriya Krishi Vikas Yojana (RKVY) was launched in 2006-07.
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
   
875) Which one of the following is not included in the agriculture and allied services of Indian economy?
A) Fishing
B) Forestry
C) Logging
D) Food processing
Correct Answer: Food processing

876) Which of the following are responsible for the decrease of per capita holding of cultivated land in India?
1. Low per capita income
2. Rapid rate of increase of population
3. Practice of dividing land equally among the heirs
4. Use of traditional techniques of ploughing
Select the correct answer using the codes given below
A) 1 and 2
B) 2 and 3
C) 1 and 4
D) 2, 3 and 4
Correct Answer: 2 and 3
   
877) In which one of the following Five Year Plans in Indian economy did not fix the targets for the crop function for the first time?
A) Fifth Five Year Plan
B) Sixth Five Year Plan
C) Eighth Five Year Plan
D) Tenth Five Year Plan
Correct Answer: Tenth Five Year Plan
   
878) Consider the following statements
1. The first Green Revolution was confined to Punjab, Haryana and Western Uttar Pradesh.
2. The second Green Revolution spread to other areas of Punjab, Haryana and Uttar Pradesh which were not covered in the first Green Revolution.
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
   
879) Which one of the following is not the aim of the Rainbow Revolution of Indian economy formulated in the National Agricultural Policy, 2000?
A) Target to achieve 4% growth rate in agriculture
B) Greater private sector participation in agriculture
C) National Agriculture Insurance Scheme for all farmers
D) Import of High Yielding Varieties of crops from other countries
Correct Answer: Import of High Yielding Varieties of crops from other countries
   
880) Consider the following statements
1. In last decade, the area under oilseeds has been decreasing at the faster pace.
2. India still imports about 50% of its requirement of edible oil from the foreign countries.
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 2