MCQs
Total Questions : 390
| Page 2 of 39 pages
Answer: Option D. -> Both (a) and (b)
Answer: (d)
The Central Government formulated the Farm Income Insurance Scheme (FIIS) during 2003-04. The two critical components of a farmer’s income are yield and price. FIIS targeted these two components through a single insurance policy so that the insured farmer could get a guaranteed income.
The scheme provided income protection to the farmers by insuring production and market risks. The insured farmers were ensured minimum guaranteed income (that is, average yield multiplied by the minimum support price). If the actual income was less than the guaranteed income, the insured would be compensated to the extent of the shortfall by the Agriculture Insurance Company of India.
Initially, the scheme would cover only wheat and rice and would be compulsory for farmers availing crop loans. NAIS (explained in the section below) would be withdrawn for the crops covered under FIIS but would continue to be applicable for other crops.
Answer: (d)
The Central Government formulated the Farm Income Insurance Scheme (FIIS) during 2003-04. The two critical components of a farmer’s income are yield and price. FIIS targeted these two components through a single insurance policy so that the insured farmer could get a guaranteed income.
The scheme provided income protection to the farmers by insuring production and market risks. The insured farmers were ensured minimum guaranteed income (that is, average yield multiplied by the minimum support price). If the actual income was less than the guaranteed income, the insured would be compensated to the extent of the shortfall by the Agriculture Insurance Company of India.
Initially, the scheme would cover only wheat and rice and would be compulsory for farmers availing crop loans. NAIS (explained in the section below) would be withdrawn for the crops covered under FIIS but would continue to be applicable for other crops.
Answer: Option A. -> Both (i) & (ii)
Answer: (a)
A Producer Organisation (PO) is a legal entity formed by primary producers, viz. farmers, milk producers, fishermen, weavers, rural artisans, craftsmen. A PO can be a producer company, a cooperative society or any other legal form which provides for sharing of profits/benefits among the members.
The main aim of PO is to ensure better income for the producers through an organization of their own. Farmers Producer Organization (FPO) is one type of PO where the members are farmers.
Small Farmers’ Agribusiness Consortium (SFAC) and NABARD are providing support for the promotion of FPOs.
Answer: (a)
A Producer Organisation (PO) is a legal entity formed by primary producers, viz. farmers, milk producers, fishermen, weavers, rural artisans, craftsmen. A PO can be a producer company, a cooperative society or any other legal form which provides for sharing of profits/benefits among the members.
The main aim of PO is to ensure better income for the producers through an organization of their own. Farmers Producer Organization (FPO) is one type of PO where the members are farmers.
Small Farmers’ Agribusiness Consortium (SFAC) and NABARD are providing support for the promotion of FPOs.
Answer: Option B. -> 1 only
Answer: (b)
The Twenty Point Programme was initially launched by Prime Minister Indira Gandhi in 1975.
The basic objective of the 20-Point Programme was to eradicate poverty and to improve the quality of life of the poor and the underprivileged population of the country including landless workers.
Answer: (b)
The Twenty Point Programme was initially launched by Prime Minister Indira Gandhi in 1975.
The basic objective of the 20-Point Programme was to eradicate poverty and to improve the quality of life of the poor and the underprivileged population of the country including landless workers.
Question 14. Consider the following statements.
- The loans disbursed to farmers under Kisan Credit Card Scheme are covered under Rashtiya Krishi Bema Yojna of Life Insurance Corporation of India
- The Kisan Credit Card holders are provided personal accident insurance of ` 50,000 for accidental death and ` 25,000 for permanent disability.
Answer: Option C. -> 2 only
Answer: (c)
Answer: (c)
Question 15. Consider the following statements :
Which of the statements given above is/are correct?
- Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.
- The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India.
Which of the statements given above is/are correct?
Answer: Option C. -> Both 1 and 2
Answer: (c)
The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India.
Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.
Answer: (c)
The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India.
Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.
Question 16. Which of the following statements are correct in accordance to Kisan Credit Cards?
- NABARD formulated a model scheme for issue of Kisan Credit Cards (KCCs) to farmers so that they may use them to readily purchase agricultural inputs such as seeds, fertilizers, pesticides, etc.
- These are operated by only commercial banks.
- The scheme has helped in augmenting the flow of short-term crop loans for seasonal agricultural operations of farmers.
- From January 31, 2006, the scheme has been extended to all types of loan requirements of borrowers of State Cooperative Agriculture Rural Development Banks (SCARDBs).
Answer: Option A. -> I, III & IV
Answer: (a)
NABARD formulated a model scheme for the issue of Kisan Credit Cards (KCCs) to farmers so that they may use them to readily purchase agricultural inputs such as seeds, fertilizers, pesticides, etc.
These are operated by commercial banks, RRBs and cooperative banks.
Answer: (a)
NABARD formulated a model scheme for the issue of Kisan Credit Cards (KCCs) to farmers so that they may use them to readily purchase agricultural inputs such as seeds, fertilizers, pesticides, etc.
These are operated by commercial banks, RRBs and cooperative banks.
Answer: Option D. -> To make the essential commodities available to the weaker sections of the society
Answer: (d)
Answer: (d)
Answer: Option D. -> All the above
Answer: (d)The Rashtriya Krishi Vikas Yojana was launched in 2007-08.
Answer: (d)The Rashtriya Krishi Vikas Yojana was launched in 2007-08.
Question 19. Which of the following statements are true regarding the "International Fund for Agricultural Development" (IFAD):
Select the correct answer using the code given below:
- It is a specialized agency of the United Nations
- It is a specialized agency of the World Bank Group
- It focuses on food production in developing countries
- It focuses on eradicating rural poverty in developing countries
Select the correct answer using the code given below:
Answer: Option C. -> (i), (iii) & (iv) only
Answer: (c)
The International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations, was established as an international financial institution in 1977 as one of the major outcomes of the 1974 World Food Conference.
The conference was organized in response to the food crises of the early 1970s that primarily affected the Sahelian countries of Africa.
It resolved that "an International Fund for Agricultural Development should be established immediately to finance agricultural development projects primarily for food production in the developing countries."
Through low-interest loans and grants, IFAD works with governments to develop and finance programmes and projects that enable rural poor people to overcome poverty.
Answer: (c)
The International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations, was established as an international financial institution in 1977 as one of the major outcomes of the 1974 World Food Conference.
The conference was organized in response to the food crises of the early 1970s that primarily affected the Sahelian countries of Africa.
It resolved that "an International Fund for Agricultural Development should be established immediately to finance agricultural development projects primarily for food production in the developing countries."
Through low-interest loans and grants, IFAD works with governments to develop and finance programmes and projects that enable rural poor people to overcome poverty.
Answer: Option C. -> National Rainfed Area Authority
Answer: (c)
The union government has constituted a national rainfed area authority on 3rd Nov 2006 to give focused attention to the problems of the rainfed area of the country, It’s mandate is water than mere water conservation and covers all the aspects of sustainable and holistic development of rainfed areas, including appropriate farming and livelihood system approach.
Answer: (c)
The union government has constituted a national rainfed area authority on 3rd Nov 2006 to give focused attention to the problems of the rainfed area of the country, It’s mandate is water than mere water conservation and covers all the aspects of sustainable and holistic development of rainfed areas, including appropriate farming and livelihood system approach.
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