Economy

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5 questions

2020 · Question 61 · Agriculture Economy
In India, which of the following can be considered as public investment in agriculture ? 1. Fixing Minimum Support Price for agricultural produce of all crops 2. Computerization of Primary Agricultural Credit Societies 3. Social Capital development 4. Free electricity supply to farmers 5. Waiver of agricultural loans by the banking system 6. Setting up of cold storage facilities by the governments Select the correct answer using the code given below :
Choose your answer(a)1, 2 and 5 only(b)1, 3, 4 and 5 only(c)2, 3 and 6 only(d)1, 2, 3, 4, 5 and 6
Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)
2020 · Question 63 · Agriculture Economy
Which of the following factors/policies were affecting the price of rice in India in the recent past ? 1. Minimum Support Price 2. Government’s trading 3. Government’s stockpiling 4. Consumer subsidies Select the correct answer using the code given below :
Choose your answer(a)1, 2 and 4 only(b)1, 3 and 4 only(c)2 and 3 only(d)1, 2, 3 and 4
Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)
2020 · Question 66 · Agriculture Economy
Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes ? 1. Working capital for maintenance of farm assets 2. Purchase of combine harvesters, tractors and mini trucks 3. Consumption requirements of farm households 4. Post-harvest expenses 5. Construction of family house and setting up of village cold storage facility Select the correct answer using the code given below :
Choose your answer(a)1, 2 and 5 only(b)1, 3 and 4 only(c)2, 3, 4 and 5 only(d)1, 2, 3, 4 and 5
Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)
2020 · Question 69 · Agriculture Economy
Consider the following statements : 1. In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India. 2. In the case of cereals and pulses, the MSP is fixed in any State/UT at a level to which the market price will never rise. Which of the statements given above is/are correct ?
Choose your answer(a)1 only(b)2 only(c)Both 1 and 2(d)Neither 1 nor 2
Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)
2020 · Question 94 · Agriculture Economy
With reference to chemical fertilizers in India, consider the following statements : 1. At present, the retail price of chemical fertilizers is market-driven and not administered by the Government. 2. Ammonia, which is an input of urea, is produced from natural gas. 3. Sulphur, which is a raw material for phosphoric acid fertilizer, is a by-product of oil refineries. Which of the statements given above is/are correct ?
Choose your answer(a)1 only(b)2 and 3 only(c)2 only(d)1, 2 and 3
Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)

Which of the following factors/policies were affecting the price of rice in India in the recent past ? 1. Minimum Support Price 2. Government’s trading 3. Government’s stockpiling 4. Consumer subsidies Select the correct answer using the code given below :