ECONOMY MCQS SET 92

ECONOMY MCQS SET 92

911) The Fair and Remunerative Price (FRP) of sugarcane is approved by the
A) Cabinet Committee on Economic Affairs
B) Commission for Agricultural Costs and Prices
C) Directorate of Marketing and Inspection, Ministry of Agriculture
D) Agricultural Produce Market Committee
Correct Answer: Cabinet Committee on Economic Affairs
   
912) Consider the following statements
1. In India, more than 85% agricultural workers are mainly casual labourers.
2. Agricultural labourers in India are mainly dominated by the backward classes.
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
   
913) Consider the following statements
1. 20-point programme of the Indian Government includes the measures to uplift the landless workers.
2. The 20-point programme was started by Janata Party Government in 1978.
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
  
914) Private Investment in Indian agriculture is mostly on labour saving mechanisation. This could be a response to
A) rising productivity of agricultural sector
B) rising inequality in agriculture
C) rising wages and tighter labour market
D) debt write off by the Government.
Correct Answer: rising wages and tighter labour market
   
915) Consider the following statements
1. Minimum Wage Act is only applicable to the scheduled employments of the Centre and States.
2. Minimum Wages Act has allowed discrimination between male and female workers or different minimum wages for them.
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

916) In India, markets in agricultural Products are regulated under the
A) Essential Commodities Act, 1955
B) Agricultural Produce Market Committee Act enacted by states
C) Agricultural Produce (Grading and Marking) Act, 1937
D) Feed Products Order, 1956 and Meat and Food Products Order, 1973
Correct Answer: Agricultural Produce Market Committee Act enacted by states
   
917) Which one of the following Five Year Plans has the highest GDP growth rate in agricultural sector in India?
A) Eighth Five Year Plan
B) Ninth Five Year Plan
C) Tenth Five Year Plan
D) Eleventh Five Year Plan
Correct Answer: Eleventh Five Year Plan
   
918) Consider the following statements
1. Central Warehousing Corporation is responsible for the construction and running of the godowns for storage of agriculture products.
2. Central Warehousing Corporation of India was established in 1957.
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
   
919) Consider the following statements
1. Till now there is no State Warehousing Corporation to construct and run the warehouses to store agricultural products in India.
2. The total storage capacity in India is more than 150 million tonnes of foodgrains.
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
   
920) Consider the following agencies of India
1. Central Warehousing Corporation (CWC)
2. State Warehousing Corporations (SWCs)
3. Food Corporation of India (FCI)
Which of the agencies given above is/are responsible for the building warehouse and godowns in the public sector?
A) 1, 2 and 3
B) 1 and 2
C) 2 and 3
D) Only 1
Correct Answer: 1, 2 and 3