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B Com Exam  >  B Com Tests  >  Indian Economy  >  Test: Indian Agriculture- 1 - B Com MCQ

Test: Indian Agriculture- 1 - B Com MCQ


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10 Questions MCQ Test Indian Economy - Test: Indian Agriculture- 1

Test: Indian Agriculture- 1 for B Com 2024 is part of Indian Economy preparation. The Test: Indian Agriculture- 1 questions and answers have been prepared according to the B Com exam syllabus.The Test: Indian Agriculture- 1 MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Indian Agriculture- 1 below.
Solutions of Test: Indian Agriculture- 1 questions in English are available as part of our Indian Economy for B Com & Test: Indian Agriculture- 1 solutions in Hindi for Indian Economy course. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free. Attempt Test: Indian Agriculture- 1 | 10 questions in 10 minutes | Mock test for B Com preparation | Free important questions MCQ to study Indian Economy for B Com Exam | Download free PDF with solutions
Test: Indian Agriculture- 1 - Question 1
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What percentage of rural households in India depend on agriculture as their principal means of livelihood?

Detailed Solution for Test: Indian Agriculture- 1 - Question 1
Around 58% of rural households in India rely on agriculture as their primary source of livelihood, making it a crucial sector for the country's economy.
Test: Indian Agriculture- 1 - Question 2
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What is the estimated contribution of agriculture and allied sectors to India's Gross Value Added (GVA) during 2016-17?

Detailed Solution for Test: Indian Agriculture- 1 - Question 2
The agriculture and allied sectors, including agriculture, livestock, forestry, and fishery, contributed an estimated 17.3% to India's Gross Value Added (GVA) during the fiscal year 2016-17.
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Test: Indian Agriculture- 1 - Question 3
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Which sector contributes around 8.80% and 8.39% of Gross Value Added (GVA) in Manufacturing and Agriculture respectively?

Detailed Solution for Test: Indian Agriculture- 1 - Question 3
The dairy sector contributes around 8.80% of GVA in the manufacturing sector and 8.39% in the agriculture sector in India, highlighting its significant economic role.
Test: Indian Agriculture- 1 - Question 4
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Which industry is the world's sixth-largest in terms of retail sales and contributes 70% of the sales in India?
Detailed Solution for Test: Indian Agriculture- 1 - Question 4
The Indian food and grocery market is the world's sixth-largest, with retail contributing 70% of the sales, showcasing its substantial presence in the economy.
Test: Indian Agriculture- 1 - Question 5
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Which agricultural export constitutes 10% of India's total exports and is the fourth-largest exported principal commodity?
Detailed Solution for Test: Indian Agriculture- 1 - Question 5
Agricultural exports from India, specifically spices and spice products, constitute 10% of the country's exports and rank as the fourth-largest exported principal commodity.
Test: Indian Agriculture- 1 - Question 6
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What percentage of India's total food market is contributed by the food processing industry?
Detailed Solution for Test: Indian Agriculture- 1 - Question 6
The Indian food processing industry accounts for 32% of the country's total food market, making it one of the largest industries in India with significant economic impact.
Test: Indian Agriculture- 1 - Question 7
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What is the primary purpose of the Pradhan Mantri Krishi Sinchai Yojana (PMKSY)?
Detailed Solution for Test: Indian Agriculture- 1 - Question 7
The Pradhan Mantri Krishi Sinchai Yojana (PMKSY) is aimed at the development of irrigation sources to provide a permanent solution to drought and enhance agricultural productivity.
Test: Indian Agriculture- 1 - Question 8
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What is the primary goal of the National Seeds Corporation (NSC) and State Farmers Corporation of India (SFCI)?
Detailed Solution for Test: Indian Agriculture- 1 - Question 8
The National Seeds Corporation (NSC) and State Farmers Corporation of India (SFCI) focus on producing and distributing assured quality seeds to enhance agricultural productivity.
Test: Indian Agriculture- 1 - Question 9
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What is the primary reason behind the fragmentation of land holdings in Indian agriculture?
Detailed Solution for Test: Indian Agriculture- 1 - Question 9
The fragmentation of land holdings in Indian agriculture is primarily caused by inheritance laws that lead to the sub-division of land among heirs, resulting in smaller and more fragmented plots.
Test: Indian Agriculture- 1 - Question 10
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What is the main purpose of consolidating small and fragmented land holdings in Indian agriculture?
Detailed Solution for Test: Indian Agriculture- 1 - Question 10
Consolidation of small and fragmented land holdings aims to enhance agricultural productivity by creating larger and more efficient farms, reducing wastage of labor, and improving irrigation and cultivation practices.
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