Tag: role of agriculture sector

Questions Related to role of agriculture sector

Since when has Indian agriculture become modern?

economics agriculture sector profile of indian agriculture and agricultural marketing role of agriculture sector foreign trade in india

  1. There has been an increase in the use of high yielding varieties of seeds, fertilizers, pesticides etc.

  2. There has been noticeable positive change in the attitude of farmers towards new techniques of production.

  3. Farmers are increasingly resorting to intensive cultivation, multiple cropping and scientific water management.

  4. All of the above.

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Correct Option: D

Agriculture plays a major role in the ______________.

economics agriculture sector profile of indian agriculture and agricultural marketing role of agriculture sector foreign trade in india

  1. overall development of the economy

  2. overall development of agriculture sector

  3. overall development of agriculture and non- agriculture sector

  4. overall development of national income.

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Correct Option: A
Explanation:

Agriculture plays a major role in the overall development of the economy. Agriculture can be defined as the primary sector of the Indian economy. Agricultural sector is reponsible for providing employment to the 70% population of the country.

 ___________ sector can help in solving problems of urban congestion and pollution in urban areas.

economics agriculture sector profile of indian agriculture and agricultural marketing role of agriculture sector foreign trade in india

  1. Industrial

  2. Service

  3. Agriculture

  4. Banking

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Correct Option: C
Explanation:

Agriculture sector can help in solving problems of urban congestion and pollution in urban areas. While all other sectors like, service sector, industrial and banking sector are responsible for adding up the problem of urban congestion and pollution in urban areas. Agriculture helps to maintain a sustainable environment.

Capital output ratio is low in ___________.

economics agriculture sector profile of indian agriculture and agricultural marketing role of agriculture sector foreign trade in india

  1. agriculture sector

  2. capital goods sector

  3. consumable goods sector

  4. none of the above

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Correct Option: A
Explanation:

Capital output ratio is low in agricultural sector. Capital output ratio of agricultural sector implies the agricultural output in terms of the capital invested in the sector. It is quite low in the primary sector of the economy because many people are employed in this sector and the marginal output will increase if some people step back from getting employed in the agricultural sector.

Agriculture is _______ in India.

economics agriculture sector profile of indian agriculture and agricultural marketing role of agriculture sector foreign trade in india

  1. primary occupation

  2. secondary occupation

  3. tertiary occupation

  4. none of the above

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Correct Option: A
Explanation:

Agriculture is primary occupation in India. Agricultural sector is also known as the primary sector of the economy of India. This sector is responsible for providing employment to the 70% of the population of the country according to the 2011 census.

Apex bank for agricultural credit is _______.

social science agriculture sector rural credit role of agriculture sector green revolution

  1. NABARD

  2. RBI

  3. SBI

  4. RRB

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Correct Option: A

Short-term funds are provided for a period of __________.

social science agriculture sector rural credit role of agriculture sector green revolution

  1. 12 months

  2. 8 months

  3. 15 months

  4. 18 months

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Correct Option: C

What is unproductive credit?

social science agriculture sector rural credit role of agriculture sector green revolution

  1. Finance used to purchase seeds, fertilisers, pesticides and related agricultural tools.

  2. Credit taken for the purpose of permanently enhancing the productivity of land.

  3. Credit that can be repaid using increased income generated from productive use of finance.

  4. Credit required to meet consumption expenditures for social and religious purposes.

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Correct Option: D
Explanation:
Credit required to meet consumption expenditures for social and religious purposes is known as unproductive credit. Agricultural credit can be categorized on the basis of both purpose of credit and objective of credit provider.
In order to fulfill the financial requirements of the agricultural sector in rural India, appropriate and specialized credit agencies are needed. Credit helped to increase the productive capacity.

What are the traditional sources of agricultural credit termed as?

social science agriculture sector rural credit role of agriculture sector green revolution

  1. Institutional sources

  2. Non-institutional sources

  3. Formal sources

  4. None of the above

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Correct Option: B
Explanation:

The traditional sources of agricultural credit termed as non-institutional sources.In order to fulfill the financial requirements of the agricultural sector in rural India, appropriate and specialized credit agencies are needed. Credit helped to increase the productive capacity.Agricultural credit can be categorized on the basis of both purpose of credit and objective of credit provider.

Agricultural credit can be categorised on the basis of __________.

social science agriculture sector rural credit role of agriculture sector green revolution

  1. purpose of credit

  2. objective of credit provider

  3. time period of credit

  4. both 'a and c'

Show answer
Correct Option: D
Explanation:
Agricultural credit can be categorized on the basis of both purpose of credit and objective of credit provider.
In order to fulfill the financial requirements of the agricultural sector in rural India, appropriate and specialized credit agencies are needed. Credit helped to increase the productive capacity.