Tag: cash crops of india

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Multiple choice civics the nature of the indian economy part 1 three phases of indian agriculture cash crops of india agricultural nature of indian economy plantation of crops

When the first regulated "karanja cotton market" was established?

  1. 1882

  2. 1886

  3. 1921

  4. 1926
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Regulation of agricultural markets or the establishment of regulated markets in India dates back to 1886 when the Karanja Cotton Market was established as a regulated market under the Hyderabad Residency's order. Subsequently, in the year 1897, the 'Berar Cotton and Grain Markets Law' was enacted.

Multiple choice civics the nature of the indian economy part 1 three phases of indian agriculture cash crops of india agricultural nature of indian economy plantation of crops

________ were exported to different countries of the world and farmers of south India were encouraged to grow these crops.

  1. Spices

  2. Fruits

  3. Rice

  4. Wheat
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Spices were exported to different countries of the world and farmers of south India were encouraged to grow these crops.

Multiple choice civics the nature of the indian economy part 1 three phases of indian agriculture cash crops of india agricultural nature of indian economy plantation of crops

In India, Agriculture share in the Gross Domestic Product (GDP) has registered a declining trend from _______onwards.

  1. 1947

  2. 1951

  3. 1965

  4. 1972
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

1951.

Agriculture has been the backbone of Indian economy through its share in the Gross Domestic Product has registered a declining trend from 1951 onwards; yet its share in providing employment and livelihood to the population continues to be as the high as 63% in 2001.

Multiple choice civics the nature of the indian economy part 1 three phases of indian agriculture cash crops of india agricultural nature of indian economy plantation of crops

There has been great technological reforms in Indian Agriculture in recent past. Earlier farmer was using __________.

  1. Persian wheel

  2. Wooden plough

  3. Bullock cart

  4. All of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

There has been great technological reforms in Indian Agriculture in recent past. Earlier farmer was using Persian wheel ,Wooden plough ,Bullock cart.

Multiple choice civics the nature of the indian economy part 1 three phases of indian agriculture cash crops of india agricultural nature of indian economy plantation of crops

In 2011, what was the share of employment and livelihood in agriculture?

  1. 55%

  2. 58%

  3. 63%

  4. 67%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to 2011 Agricultural Census of India, an estimated 61.5% of the 1300 million Indian population is rural and dependent on agriculture. The number of farming households is 159.6 million.

Multiple choice civics the nature of the indian economy part 1 three phases of indian agriculture cash crops of india agricultural nature of indian economy plantation of crops

Economics of agriculture is known as ___________.

  1. Macro economics

  2. Agro economics

  3. Micro economics

  4. All of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Agro econnomics.

Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber.

Multiple choice civics the nature of the indian economy part 1 three phases of indian agriculture cash crops of india agricultural nature of indian economy plantation of crops

Minimum Support Price (MSP) for Food Grains was introduced in the year of ________.

  1. 1951

  2. 1962

  3. 1964

  4. 1976
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation
The minimum support price for Food grains was introduced in the year 1964

It is the minimum set price by The Government of India to purchase directly from the farmer .

This ensures “ Farmers don’t get loss ” as they are somewhat poor . Agriculture sector is the Largest employer in India , and thus a MSP is necessary to motivate them . 
Multiple choice civics the nature of the indian economy part 1 three phases of indian agriculture cash crops of india agricultural nature of indian economy plantation of crops

Government announces minimum support prices (MSPs) for ______ mandated crops.

  1. 21

  2. 24

  3. 22

  4. 31
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Government announces  minimum support prices (MSPs) for 22 mandates crops.
Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices. The minimum support prices are announced by the Government of India at the beginning of the sowing season for certain crops on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP). MSP is price fixed by Government of India to protect the producer - farmers - against excessive fall in price during bumper production years. The minimum support prices are a guarantee price for their produce from the Government. The major objectives are to support the farmers from distress sales and to procure food grains for public distribution. In case the market price for the commodity falls below the announced minimum price due to bumper production and glut in the market, government agencies purchase the entire quantity offered by the farmers at the announced minimum price.