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GK Quiz on Indian Economy Set II

04-NOV-2015 17:22

    Jagran josh welcomes you to G.K Quiz which helps in your preparation for different competitive examinations. Although, today’s competitive examination are in evolving new trend of mixing traditional and untraditional questions, here we are giving Multiple Type Questions on ‘Indian Economy” that attune and equipped in different competitive examination.

    1. Which agency is responsible for marketing of agricultural products in India?

    a. TRIFED

    b. ISOPOM

    c. NAFED

    d. APMC

    2. TRIFED was developed for the:

    a. The development of forest covers in the country.

    b. To save the interests of the Tribal from the exploitation of private traders

    c. To promote the marketing of all the horticulture products

    d. None of these

    3. Consider the following statements and identify the right ones.

    i. The ISOPOM was introduced in 2004.

    ii. Under this scheme, crop diversification is possible as states are given flexibility in implementation.

    a. i only

    b. ii only

    c. Both

    d. None

    4. Consider the following statements and identify the right ones.

    i. The Ministry of Agriculture implements the National Horticulture Mission

    ii. All the states are covered under the NHM

    a. i only

    b. ii only

    c. both

    d. none

    5. Consider the following statements and identify the right ones.

    i. The Ministry of Agriculture implements the National Bamboo Mission

    ii. The mission adopts regionally differentiated strategy for the holistic growth of bamboo sector.

    a. i only

    b. ii only

    c. Both

    d. None

    6. Consider the following statements and identify the right ones.

    i. The Agricultural Price Policy aims at providing assured price to the farmers.

    ii. It aims at inducing farmers to bring in their surplus produce to the market.

    a. I only

    b. ii only

    c. Both

    d. None

    7. Who recommends the MSP and issue prices?

    a. Ministry of agriculture

    b. Planning commission

    c. NABARD

    d. Commission for Agricultural Costs and Prices (CACP)

    8. Which of the following is the implementing agency for National Agricultural Insurance Scheme?

    a. Agricultural Insurance Company of India Limited

    b. Commission for Agricultural Costs and Prices

    c. Food Corporation of India  limited

    d. NABARD

    9. Consider the following statements and identify the right ones.

    i. The NAIS protects farmers from crop losses due to natural calamities

    ii. The scheme is available only to farmers with small land holdings

    a. i only

    b. ii only

    c. Both

    d. None

    10. Consider the following statements and identify the right ones.

    i. NABARD was set up in 1982

    ii. It facilitates credit only for agriculture

    a. ii only

    b. i only

    c. Both

    d. None

    Question Answer
    1 c
    2 b
    3 c
    4 a
    5 c
    6 c
    7 d
    8 a
    9 a
    10 b

    DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

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