Indian Economy Quiz: Agriculture | 23 July, 2021

Consider the following statements regarding the agriculture credit in India:
1. Central government fixes agriculture credit disbursement targets for the banking sector every year.
2. Domestic Scheduled Commercial Banks are required to lend 18% of the Adjusted Net Bank Credit (ANBC) to agriculture.
3. Regional Rural Banks are required to lend 50% of their total outstanding advances towards agriculture.
Which of the statements given above is/are correct?

Consider the following statements regarding the Essential Commodities Act (ECA), 1955:
1. It was enacted to control the production, supply and distribution of, and trade and commerce in, certain goods considered as essential commodities.
2. Food and civil supply authorities in States execute the provisions of the Act.
Which of the statements given above is/are correct?

Consider the following statements regarding the production of Milk in India:
1. From 2014 – 15 onwards, continuous increase in the production of milk in India.
2. The per capita availability of milk in India is more than 400grams/day.
Which of the statements given above is/are correct?

Consider the following statements:
1. From 2015 – 16 onwards, there is a continuous increase in production of rice.
2. The regional distribution of the agricultural credit has been favored of the Southern Region.
Which of the statements given above is/are correct?

Consider the following statements:
1. Share of GVA of Agriculture & Allied Sector is continuously decreasing from 2014 – 15.
2. Share of livestock is continuously increasing from 2014 – 15.
Which of the statements given above is/are correct?

Which of the following is/are consists of the Economic Cost of food-grains to Food Corporation of India (FCI)?
1. Pooled cost of grains
2. Procurement incidentals
3. Cost of distribution
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Which of the following is/are constraint/constraints for development of integrated value chain system of Agriculture sector?
1. Low public and private investments in agriculture since the early 1990s.
2. Inability of sub – market yards to provide opportunities for open auction.
3. Poor maintenance of rural roads.
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Which of the following is/are covered under Operation Greens?
1. Tomatoes
2. Onions
3. Potatoes
4. Fruits
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Which of the following statements is/are correct about “Micro-irrigation Development in India”?
1. Area covered under micro-irrigation gradually increased from 2014 – 15.
2. A Micro Irrigation Fund (MIF) created with NABARD with an initial corpus of Rs.500crore.
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