ECONOMY MCQS SET 95

ECONOMY MCQS SET 95

941) In India, contribution of food inflation to overall inflation is around 1/3 to 2/5. Within food inflation, contribution of food articles is higher because price rise in food articles is
A) higher and their weight is also higher compared to food products.
B) higher but their weight is lower compared to food products.
C) lower but their weight is higher compared to food products.
D) lower and their weight is also lower compared to food products.
Correct Answer: higher and their weight is also higher compared to food products.
   
942) With reference to agriculture sector of India. consider the following statements
1. Command Area Development (CAD) programme was started in 1995-96.
2. CAD was aimed to maximise the agricultural productivity through optimisation of the irrigation of the command 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: Only 2
   
943) 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
   
944) National Seed Policy, 2002 is based on the recommendation of
A) Kelkar Committee
B) MV Rao Committee
C) YV Reddy Committee
D) Abhijit Sen Committee
Correct Answer: MV Rao Committee
   
945) Match List I with List II and select the correct answer using the codes given below the lists
List I      List II
A. NABARD      1. Inter-state sale of agricultural commodities
B. NCDC       2. Loans and credits to rural artisans and small farmers
C. SCARDB       3. Assistance for the land development
D. NAFED       4. Financial assistance for the construction of godowns and warehouses
Below the Codes are given in A B C D order
A) 2 4 3 1
B) 2 3 4 1
C) 4 3 1 2
D) 4 1 3 2
Correct Answer: 2 4 3 1

946) Consider the following statements
1. National Fisheries Development Board is an autonomous organisation under the control of Ministry of Agriculture at central level.
2. Fishery Survey of India (FSI) is the nodal organisation responsible for survey and assessment of fishery resources under the Indian Exclusive Economic Zone.
Which of the statements given above is/are correct?
A) Only 1
B) Both 1 and 2
C) Only 2
D) None of these
Correct Answer: Both 1 and 2
   
947) Choose the correct statement(s) in the context of Cooperative banks in India
1. Cooperative banks operate on no profit no loss basis.
2. Cooperative banks are allowed to operate only in the agricultural sector.
3. NABARD is a Cooperative bank.
A) Only 1
B) 1 and 2
C) 1 and 3
D) All of the above
Correct Answer: Only 1
   
948) During the Eleventh Five Year Plan, agricultural sector in India witnessed a growth rate of 3.3% per annum which is higher than 2.4% per annum in the previous Five Year Plan. This is largely due to better performance of
A) crops and livestock
B) oilseeds and fibres
C) fishing and oilseeds
D) fibres and fishing
Correct Answer: oilseeds and fibres
   
949) Which one of the following statements are correct?
1. National Bamboo Mission was launched in 2006-07 by the Central Government to promote the growth of bamboo sector in the country.
2. National Horticulture Mission was launched during the year 2006-07.
3. Macro-Management of Agriculture (MMA) Scheme was launched in 2002-03.
4. A centrally sponsored scheme on micro irrigation was launched in January, 2006.
Select the correct answer using codes given below
A) 1 and 3
B) 1 and 4
C) 2 and 3
D) All of these
Correct Answer: 1 and 4
   
950) When was the National Food Security Mission (NFSM) launched in India?
A) Rabi season (1999-2000)
B) Kharif season (1999-2000)
C) Rabi season (2007-2008)
D) Kharif season (2007-2008)
Correct Answer: Rabi season (2007-2008)