ECONOMY MCQS SET 91

ECONOMY MCQS SET 91

901) Consider the following statements
1. NABARD inherited all the apex roles from Reserve Bank of India.
2. NABARD gives long term loans to State governments to enable them to subscribe to the share of cooperative credit societies.
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
   
902) Consider the following statements
1. NABARD was established by the Act of Parliament to take over the role of Agricultural Refinance Development Corporation.
2. Rural Infrastructure Development Fund (RIDF) to extend loans to state government is managed by commercial banks.
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
   
903) The importance of agriculture in Indian economy is indicated by its contribution to Which of the following?
A) National Income and employment
B) Industrial development and international trade
C) Supply of foodgrains
D) All of the above
Correct Answer: All of the above
   
904) Consider the following statements
1. Regional Rural Banks grant direct loans and advances to marginal farmers and rural artisans.
2. NABARD is responsible for laying down policies and to oversee the operations of the RRBs.
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
   
905) In which one of the following Five Year Plans, the National Horticulture Mission (NHM) was launched in India?
A) Eighth Five Year Plan
B) Ninth Five Year Plan
C) Tenth Five Year Plan
D) Eleventh Five Year Plan
Correct Answer: Tenth Five Year Plan

906) Which one of the following is the apex cooperative organisation at the national level of India?
A) TRIFED
B) NAFED
C) FCS
D) RRBs
Correct Answer: NAFED
   
907) Which one of the following Cooperative Societies of India is responsible for the production of fertilisers?
A) NAFED
B) IFFCO
C) NCDC
D) TRIFED
Correct Answer: IFFCO
   
908) Consider the following statements about the National Cooperative Marketing Federation of India Limited (NAFED)
1. NAFED promotes the inter state trade as well as export of certain agricultural commodities to many foreign countries.
2. NAFED is responsible for the movement of the essential commodities from surplus areas to scarcity areas.
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
   
909) Where is the Central Rice Research Institute located?
A) Kanpur
B) Bangalore
C) Coimbatore
D) Cuttack
Correct Answer: Cuttack
   
910) Consider the following statements about the Agriculture Income Tax
1. Agriculture Income Tax is levied and collected by the Union Government.
2. Agriculture Income Tax is levied throughout the country in India.
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