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Test: New Agriculture Policy - B Com MCQ


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10 Questions MCQ Test Indian Economy - Test: New Agriculture Policy

Test: New Agriculture Policy for B Com 2024 is part of Indian Economy preparation. The Test: New Agriculture Policy questions and answers have been prepared according to the B Com exam syllabus.The Test: New Agriculture Policy MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: New Agriculture Policy below.
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Test: New Agriculture Policy - Question 1

What is the primary objective of the National Policy on Agriculture as described in the text?

Detailed Solution for Test: New Agriculture Policy - Question 1
The primary objective of the National Policy on Agriculture is to achieve equity in the distribution of income and wealth, resulting in the rapid reduction of poverty levels. This policy aims to strengthen rural infrastructure, promote value addition, and create employment in rural areas to improve the well-being of the farming community. It seeks to ensure a fair standard of living for farmers and agricultural workers, discourage migration to urban areas, and address challenges arising from economic liberalization and globalization.
Test: New Agriculture Policy - Question 2

What has been the historical contribution of Indian agriculture to the country's food security, according to the text?

Detailed Solution for Test: New Agriculture Policy - Question 2
Indian agriculture has contributed significantly to achieving self-sufficiency in food production. Over the years, it has taken the annual foodgrains production from 51 million tonnes in the early fifties to 206 million tonnes at the turn of the century, resulting in national food security and avoiding food shortages.
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Test: New Agriculture Policy - Question 3

Which sector receives high priority for development as per the new agricultural policy?

Detailed Solution for Test: New Agriculture Policy - Question 3
The new agricultural policy places high priority on the development of animal husbandry, poultry, dairy, and aquaculture. These sectors are seen as important contributors to diversifying agriculture, increasing animal protein availability in the food supply, and generating exportable surpluses, thus contributing to rural development and employment generation.
Test: New Agriculture Policy - Question 4
What is one of the main priorities mentioned in the new agricultural policy regarding water resources?
Detailed Solution for Test: New Agriculture Policy - Question 4
The new agricultural policy emphasizes the rational utilization of the country's water resources for optimum use of irrigation potential. This includes focusing on proper on-farm management of water resources and promoting the conjunctive use of surface and groundwater. It also addresses the issue of over-exploitation of underground aquifers, aiming to maintain a sustainable balance in water usage.
Test: New Agriculture Policy - Question 5
What is the goal of the National Agriculture Insurance Scheme mentioned in the text?
Detailed Solution for Test: New Agriculture Policy - Question 5
The National Agriculture Insurance Scheme aims to provide a safety net for farmers by insulating them from financial distress caused by natural disasters. This scheme covers all farmers and all crops throughout the country, helping to mitigate the impact of events like droughts and floods on farmers' income and livelihoods.
Test: New Agriculture Policy - Question 6
What is the purpose of contract farming, according to the text?
Detailed Solution for Test: New Agriculture Policy - Question 6
Contract farming is mentioned as a way to promote greater private sector participation in agriculture. This involves agreements between farmers and agribusiness firms, where farmers produce agricultural products according to specific requirements set by the firms. This helps in technology transfer, capital inflow, and assured markets for crop production.
Test: New Agriculture Policy - Question 7
How does the text suggest addressing the issue of fluctuating commodity prices?
Detailed Solution for Test: New Agriculture Policy - Question 7
The text mentions the need to minimize fluctuations in commodity prices, which can be achieved by reducing government restrictions and interventions in the movement of agricultural commodities throughout the country. This suggests that a more open and liberalized market approach can help stabilize prices.
Test: New Agriculture Policy - Question 8
What is the primary focus of agro-forestry in agricultural systems, as stated in the text?
Detailed Solution for Test: New Agriculture Policy - Question 8
Agro-forestry is described as a prime requisite for maintaining ecological balance and increasing biomass production in agricultural systems. One of its main focuses is on improving nutrient cycling, nitrogen fixation, and organic matter addition in the soil, which ultimately leads to better soil fertility and drainage in agricultural fields.
Test: New Agriculture Policy - Question 9
What is the significance of recognizing women's rights in land, as mentioned in the text?
Detailed Solution for Test: New Agriculture Policy - Question 9
The text suggests that recognizing women's rights in land is an important step towards empowering women and ensuring their equal access to land resources. This recognition can help address gender disparities in agricultural ownership and decision-making, promoting greater equity and inclusivity in the sector.
Test: New Agriculture Policy - Question 10
What is the main purpose of the price protection for farmers mentioned in the text?
Detailed Solution for Test: New Agriculture Policy - Question 10
The text mentions price protection for farmers as an important aspect of the agricultural policy. This provision is intended to shield farmers from the adverse impact of price fluctuations in the market. By offering price protection, farmers can have more stability in their income, reducing the risks associated with unpredictable changes in market prices.
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