Tag: agriculture sector

Questions Related to agriculture sector

There is 'feminisation' of the agriculture sector in the country due to ______________.

  1. sex ratio being biased against women.

  2. growing migration of men to the urban areas.

  3. development of women-friendly farm tools in recent times.

  4. unskilled labour needed in the farm sector.


Correct Option: B
Explanation:

Men have been migrating to urban locations in search of better employment avenues leaving the farm responsibilities on women the Survey has suggested the Government for 'gender-specific farm interventions' to support the farm sector.

Consider the following statements and select the correct one/ones by using the code given below:
1. As per the Government, India is able to realise only 30 per cent of its agri-exports potential.
2. The proposed scheme Operation Greens is not related to promotion of food processing facilities. 

  1. Only 1

  2. Only 2

  3. 1 and 2

  4. Neither 1 nor 2


Correct Option: A
Explanation:

At present (2017-18, Provisional) India's agri-exports are at US$ 30 billion while its potential is of US$ 100 billion. The scheme Operation Greens is aimed at promoting food processing facilities also together with agri-logistics and professional management of the agri-goods. 

Select the incorrect function of the Export Credit Guarantee Corporation (ECGC) __________________.

  1. Provides a range of credit risk insurance covers to exporters against loss in export of gods and services.

  2. Offers guarantees to banks and financial institutions to enable exporters to obtain better facilities from them.

  3. One of its divisions provides export insurance to companies based abroad.

  4. Provides Overseas Investment Insurance (OII) to Indian companies investing in joint ventures abroad in the form of equity or loan.


Correct Option: C
Explanation:

Export Credit Guarantee Corporation of India Limited, was established in the year 1957 by the Government of India to strengthen the export promotion drive by covering the risk of exporting on credit. Being essentially an export promotion organization, it functions under the administrative control of the Ministry of Commerce & Industry, Department of Commerce, and Government, Reserve Bank of India, banking, insurance and exporting community. ECGC is the fifth largest credit insurer of the world in terms of coverage of national exports. The present paid-up capital of the company is Rs. 800 crores and authorised capital Rs. 1,000 crores.

Nearly, half of the agricultural credit is concentrated in ______.

  1. eastern states

  2. western states

  3. northern states

  4. southern states


Correct Option: D

Agricultural loan default is pegged at ________.

  1. 30%

  2. 40%

  3. 50%

  4. 60%


Correct Option: B

In India generally the farmers get a  _________ price for their products.

  1. low

  2. high

  3. fair

  4. medium


Correct Option: A

The major beneficiaries of agricultural credit have been ___________.

  1. large & medium farmers

  2. small & medium farmers

  3. only large farmers

  4. only small farmers


Correct Option: A

The share of cooperative credit institutions in the total institutional credit shifted from 44% in 1990-91 to ______ in 2014-15.

  1. 25%

  2. 55%

  3. 32%

  4. 16%


Correct Option: D
Explanation:

The share of cooperative credit institutions in the total institutional credit shifted from 44% in 1990-91 to 16% in 2014-15Cooperative credit institutions have covered only 65% of the rural population.Cooperative banks as a cooperative credit institution provide both medium-term as well as short-term.loans.Cooperatives provide Institutional credit which assists rural households involved in agricultural activities. The government exclusively depended on development of cooperatives as an institutional source of rural credit till 1970.

Which type of subsidies are provided to industrial research and pro competitive development activity in disadvantaged regions?

  1. Prohibited subsidies

  2. Actionable subsidies

  3. Non-actionable subsidies

  4. None of the above


Correct Option: C
Explanation:

The subsidy contains three basic elements are a financial contribution, by a government or any public body within the region of an element, which confers an advantage. All three of these elements must be satisfied in order for a subsidy to exist. Non-actionable subsidies, however, are not subject to these tariffs. 

For example, environmental and scientific subsidies are non-actionable. non-actionable subsidies are those which are functional to explore and pre-competitive development performance, and others which help the disadvantaged region.

The correct answer is C.

What is correct about the Nutrient Based Subsidy (NBS) policy for fertilizers recently implemented by the Government of India?

  1. It increases the focus of fertilizer subsidy being given to the farmers.

  2. It rationalises the fertilizer subsidies among the three componentsN, P and K.

  3. It intends to check the fertilizer subsidy burden of the government.

  4. It delivers subsidy to end-users in place of the fertilizers manufacturers.


Correct Option: C
Explanation:

By this, the government intends to check the expanding value of fertilizers subsidiessubsidies still go to the manufacturers and importers.