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Passage:The rapid and unprecedented changes in the external environment such as liberalization of the economy, globalization of international markets, and deregulation of the financial system and implications of various clauses under WTO exerted considerable pressure on the agricultural system. The inadequate levels of capital formation in the agricultural sector, distancing of farm technologies from requirements of the market, inadequate and untimely supply of credit and post-harvest losses are the worrying factors. Agricultural sector employs about 64% of the workforce, contributes 27.4% of Gross Domestic Product (GDP) and accounts for about 18% share of the value of the country‘s exports. It supplies bulk of wage goods required by non-agricultural sector and raw material for a large section of the industry. In terms of gross fertilizer consumption, India ranks 4th in the world after USA, Russia and China. The country has the largest area in the world under pulse crops while in the field of cotton; India is the first to evolve a cotton hybrid. In 1996-97, the per capital net availability of foodgrains touched 528.77gms, which was a mere 395gms at the time of India‘s independence. Therefore, it has a vital place in the economic development of the country. Significant strides have been made in agricultural production towards ensuring food security. There has been a significant improvement in agriculturalproductivity which has helped in reducing rural poverty. The trend in the growth of foodgrain production, particularly in high productivity areas like Haryana and Punjab, is on the decline. Agricultural productivity in the Eastern region, excepting West Bengal, is low, and it is mainly attributed to weak infrastructure. Indian agriculture is also on the threshold of becoming globally competitive and is in a position to make major gains in the export market. Foodgrains account for 63% of country‘s agricultural output and hence even a marginal production has ‘ripple effect‘on the rest of the economy. IN 1997, the foodgrains output was 199 million tones but in 1998 it was lowered by over 4 million tones owing to a fall in the pulse production. Initiatives for increasing the production and productivity of cereal crops on the basis of cropping systems approach continued during the year 1996-97. In 1997-98, 31.2 million tones of coarse cereals were produced. However, barring the record production of 69.3 million tonnes of wheat in 1996-97, the production of wheat at 66.5 million tonnes in 1997-98 and expected rice production at 83.5 million tones is said to be the highest ever. Procurement of wheat during the rabbi marketing season 1998-99 touched a record high of 10.61 million tonnes. Pulses production in the country has been stagnating around 8-14 million tonnes for the last 40 years. The production of pulses is expected to be about 13 million tonnes in 1997-98 compared to 13.19 million tonnes during 1995-96. The adverse agro-climatic conditions have had their impact on the production of commercial crops. The production of 9 major oilseeds in 1997-98 is expected to be 24 million tonnes, as compared to 25 million tonnes in 1996-97 and 22.4 million tonnes in ‘95-96. Among the nine oilseed crops grown in the country, groundnut and rasped/mustard together account for 62% of the total oilseeds production. The production of groundnut and rapeseed and mustard is expected to touch 8 million and 6 million tonnes compared to 9 million and 7 million tonnes in 1996-97.Q.Which of the following is FALSE in the context of this passage?a)Farm technologies are not in contrast with market requirements.b)Capital formation in agricultural sector is less than required.c)The supply of credit to agro-sector is less and ill-timedd)Mechanism of compensation for crop losses is not adequateCorrect answer is option 'A'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared
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the CLAT exam syllabus. Information about Passage:The rapid and unprecedented changes in the external environment such as liberalization of the economy, globalization of international markets, and deregulation of the financial system and implications of various clauses under WTO exerted considerable pressure on the agricultural system. The inadequate levels of capital formation in the agricultural sector, distancing of farm technologies from requirements of the market, inadequate and untimely supply of credit and post-harvest losses are the worrying factors. Agricultural sector employs about 64% of the workforce, contributes 27.4% of Gross Domestic Product (GDP) and accounts for about 18% share of the value of the country‘s exports. It supplies bulk of wage goods required by non-agricultural sector and raw material for a large section of the industry. In terms of gross fertilizer consumption, India ranks 4th in the world after USA, Russia and China. The country has the largest area in the world under pulse crops while in the field of cotton; India is the first to evolve a cotton hybrid. In 1996-97, the per capital net availability of foodgrains touched 528.77gms, which was a mere 395gms at the time of India‘s independence. Therefore, it has a vital place in the economic development of the country. Significant strides have been made in agricultural production towards ensuring food security. There has been a significant improvement in agriculturalproductivity which has helped in reducing rural poverty. The trend in the growth of foodgrain production, particularly in high productivity areas like Haryana and Punjab, is on the decline. Agricultural productivity in the Eastern region, excepting West Bengal, is low, and it is mainly attributed to weak infrastructure. Indian agriculture is also on the threshold of becoming globally competitive and is in a position to make major gains in the export market. Foodgrains account for 63% of country‘s agricultural output and hence even a marginal production has ‘ripple effect‘on the rest of the economy. IN 1997, the foodgrains output was 199 million tones but in 1998 it was lowered by over 4 million tones owing to a fall in the pulse production. Initiatives for increasing the production and productivity of cereal crops on the basis of cropping systems approach continued during the year 1996-97. In 1997-98, 31.2 million tones of coarse cereals were produced. However, barring the record production of 69.3 million tonnes of wheat in 1996-97, the production of wheat at 66.5 million tonnes in 1997-98 and expected rice production at 83.5 million tones is said to be the highest ever. Procurement of wheat during the rabbi marketing season 1998-99 touched a record high of 10.61 million tonnes. Pulses production in the country has been stagnating around 8-14 million tonnes for the last 40 years. The production of pulses is expected to be about 13 million tonnes in 1997-98 compared to 13.19 million tonnes during 1995-96. The adverse agro-climatic conditions have had their impact on the production of commercial crops. The production of 9 major oilseeds in 1997-98 is expected to be 24 million tonnes, as compared to 25 million tonnes in 1996-97 and 22.4 million tonnes in ‘95-96. Among the nine oilseed crops grown in the country, groundnut and rasped/mustard together account for 62% of the total oilseeds production. The production of groundnut and rapeseed and mustard is expected to touch 8 million and 6 million tonnes compared to 9 million and 7 million tonnes in 1996-97.Q.Which of the following is FALSE in the context of this passage?a)Farm technologies are not in contrast with market requirements.b)Capital formation in agricultural sector is less than required.c)The supply of credit to agro-sector is less and ill-timedd)Mechanism of compensation for crop losses is not adequateCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam.
Find important definitions, questions, meanings, examples, exercises and tests below for Passage:The rapid and unprecedented changes in the external environment such as liberalization of the economy, globalization of international markets, and deregulation of the financial system and implications of various clauses under WTO exerted considerable pressure on the agricultural system. The inadequate levels of capital formation in the agricultural sector, distancing of farm technologies from requirements of the market, inadequate and untimely supply of credit and post-harvest losses are the worrying factors. Agricultural sector employs about 64% of the workforce, contributes 27.4% of Gross Domestic Product (GDP) and accounts for about 18% share of the value of the country‘s exports. It supplies bulk of wage goods required by non-agricultural sector and raw material for a large section of the industry. In terms of gross fertilizer consumption, India ranks 4th in the world after USA, Russia and China. The country has the largest area in the world under pulse crops while in the field of cotton; India is the first to evolve a cotton hybrid. In 1996-97, the per capital net availability of foodgrains touched 528.77gms, which was a mere 395gms at the time of India‘s independence. Therefore, it has a vital place in the economic development of the country. Significant strides have been made in agricultural production towards ensuring food security. There has been a significant improvement in agriculturalproductivity which has helped in reducing rural poverty. The trend in the growth of foodgrain production, particularly in high productivity areas like Haryana and Punjab, is on the decline. Agricultural productivity in the Eastern region, excepting West Bengal, is low, and it is mainly attributed to weak infrastructure. Indian agriculture is also on the threshold of becoming globally competitive and is in a position to make major gains in the export market. Foodgrains account for 63% of country‘s agricultural output and hence even a marginal production has ‘ripple effect‘on the rest of the economy. IN 1997, the foodgrains output was 199 million tones but in 1998 it was lowered by over 4 million tones owing to a fall in the pulse production. Initiatives for increasing the production and productivity of cereal crops on the basis of cropping systems approach continued during the year 1996-97. In 1997-98, 31.2 million tones of coarse cereals were produced. However, barring the record production of 69.3 million tonnes of wheat in 1996-97, the production of wheat at 66.5 million tonnes in 1997-98 and expected rice production at 83.5 million tones is said to be the highest ever. Procurement of wheat during the rabbi marketing season 1998-99 touched a record high of 10.61 million tonnes. Pulses production in the country has been stagnating around 8-14 million tonnes for the last 40 years. The production of pulses is expected to be about 13 million tonnes in 1997-98 compared to 13.19 million tonnes during 1995-96. The adverse agro-climatic conditions have had their impact on the production of commercial crops. The production of 9 major oilseeds in 1997-98 is expected to be 24 million tonnes, as compared to 25 million tonnes in 1996-97 and 22.4 million tonnes in ‘95-96. Among the nine oilseed crops grown in the country, groundnut and rasped/mustard together account for 62% of the total oilseeds production. The production of groundnut and rapeseed and mustard is expected to touch 8 million and 6 million tonnes compared to 9 million and 7 million tonnes in 1996-97.Q.Which of the following is FALSE in the context of this passage?a)Farm technologies are not in contrast with market requirements.b)Capital formation in agricultural sector is less than required.c)The supply of credit to agro-sector is less and ill-timedd)Mechanism of compensation for crop losses is not adequateCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Passage:The rapid and unprecedented changes in the external environment such as liberalization of the economy, globalization of international markets, and deregulation of the financial system and implications of various clauses under WTO exerted considerable pressure on the agricultural system. The inadequate levels of capital formation in the agricultural sector, distancing of farm technologies from requirements of the market, inadequate and untimely supply of credit and post-harvest losses are the worrying factors. Agricultural sector employs about 64% of the workforce, contributes 27.4% of Gross Domestic Product (GDP) and accounts for about 18% share of the value of the country‘s exports. It supplies bulk of wage goods required by non-agricultural sector and raw material for a large section of the industry. In terms of gross fertilizer consumption, India ranks 4th in the world after USA, Russia and China. The country has the largest area in the world under pulse crops while in the field of cotton; India is the first to evolve a cotton hybrid. In 1996-97, the per capital net availability of foodgrains touched 528.77gms, which was a mere 395gms at the time of India‘s independence. Therefore, it has a vital place in the economic development of the country. Significant strides have been made in agricultural production towards ensuring food security. There has been a significant improvement in agriculturalproductivity which has helped in reducing rural poverty. The trend in the growth of foodgrain production, particularly in high productivity areas like Haryana and Punjab, is on the decline. Agricultural productivity in the Eastern region, excepting West Bengal, is low, and it is mainly attributed to weak infrastructure. Indian agriculture is also on the threshold of becoming globally competitive and is in a position to make major gains in the export market. Foodgrains account for 63% of country‘s agricultural output and hence even a marginal production has ‘ripple effect‘on the rest of the economy. IN 1997, the foodgrains output was 199 million tones but in 1998 it was lowered by over 4 million tones owing to a fall in the pulse production. Initiatives for increasing the production and productivity of cereal crops on the basis of cropping systems approach continued during the year 1996-97. In 1997-98, 31.2 million tones of coarse cereals were produced. However, barring the record production of 69.3 million tonnes of wheat in 1996-97, the production of wheat at 66.5 million tonnes in 1997-98 and expected rice production at 83.5 million tones is said to be the highest ever. Procurement of wheat during the rabbi marketing season 1998-99 touched a record high of 10.61 million tonnes. Pulses production in the country has been stagnating around 8-14 million tonnes for the last 40 years. The production of pulses is expected to be about 13 million tonnes in 1997-98 compared to 13.19 million tonnes during 1995-96. The adverse agro-climatic conditions have had their impact on the production of commercial crops. The production of 9 major oilseeds in 1997-98 is expected to be 24 million tonnes, as compared to 25 million tonnes in 1996-97 and 22.4 million tonnes in ‘95-96. Among the nine oilseed crops grown in the country, groundnut and rasped/mustard together account for 62% of the total oilseeds production. The production of groundnut and rapeseed and mustard is expected to touch 8 million and 6 million tonnes compared to 9 million and 7 million tonnes in 1996-97.Q.Which of the following is FALSE in the context of this passage?a)Farm technologies are not in contrast with market requirements.b)Capital formation in agricultural sector is less than required.c)The supply of credit to agro-sector is less and ill-timedd)Mechanism of compensation for crop losses is not adequateCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT.
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Here you can find the meaning of Passage:The rapid and unprecedented changes in the external environment such as liberalization of the economy, globalization of international markets, and deregulation of the financial system and implications of various clauses under WTO exerted considerable pressure on the agricultural system. The inadequate levels of capital formation in the agricultural sector, distancing of farm technologies from requirements of the market, inadequate and untimely supply of credit and post-harvest losses are the worrying factors. Agricultural sector employs about 64% of the workforce, contributes 27.4% of Gross Domestic Product (GDP) and accounts for about 18% share of the value of the country‘s exports. It supplies bulk of wage goods required by non-agricultural sector and raw material for a large section of the industry. In terms of gross fertilizer consumption, India ranks 4th in the world after USA, Russia and China. The country has the largest area in the world under pulse crops while in the field of cotton; India is the first to evolve a cotton hybrid. In 1996-97, the per capital net availability of foodgrains touched 528.77gms, which was a mere 395gms at the time of India‘s independence. Therefore, it has a vital place in the economic development of the country. Significant strides have been made in agricultural production towards ensuring food security. There has been a significant improvement in agriculturalproductivity which has helped in reducing rural poverty. The trend in the growth of foodgrain production, particularly in high productivity areas like Haryana and Punjab, is on the decline. Agricultural productivity in the Eastern region, excepting West Bengal, is low, and it is mainly attributed to weak infrastructure. Indian agriculture is also on the threshold of becoming globally competitive and is in a position to make major gains in the export market. Foodgrains account for 63% of country‘s agricultural output and hence even a marginal production has ‘ripple effect‘on the rest of the economy. IN 1997, the foodgrains output was 199 million tones but in 1998 it was lowered by over 4 million tones owing to a fall in the pulse production. Initiatives for increasing the production and productivity of cereal crops on the basis of cropping systems approach continued during the year 1996-97. In 1997-98, 31.2 million tones of coarse cereals were produced. However, barring the record production of 69.3 million tonnes of wheat in 1996-97, the production of wheat at 66.5 million tonnes in 1997-98 and expected rice production at 83.5 million tones is said to be the highest ever. Procurement of wheat during the rabbi marketing season 1998-99 touched a record high of 10.61 million tonnes. Pulses production in the country has been stagnating around 8-14 million tonnes for the last 40 years. The production of pulses is expected to be about 13 million tonnes in 1997-98 compared to 13.19 million tonnes during 1995-96. The adverse agro-climatic conditions have had their impact on the production of commercial crops. The production of 9 major oilseeds in 1997-98 is expected to be 24 million tonnes, as compared to 25 million tonnes in 1996-97 and 22.4 million tonnes in ‘95-96. Among the nine oilseed crops grown in the country, groundnut and rasped/mustard together account for 62% of the total oilseeds production. The production of groundnut and rapeseed and mustard is expected to touch 8 million and 6 million tonnes compared to 9 million and 7 million tonnes in 1996-97.Q.Which of the following is FALSE in the context of this passage?a)Farm technologies are not in contrast with market requirements.b)Capital formation in agricultural sector is less than required.c)The supply of credit to agro-sector is less and ill-timedd)Mechanism of compensation for crop losses is not adequateCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Passage:The rapid and unprecedented changes in the external environment such as liberalization of the economy, globalization of international markets, and deregulation of the financial system and implications of various clauses under WTO exerted considerable pressure on the agricultural system. The inadequate levels of capital formation in the agricultural sector, distancing of farm technologies from requirements of the market, inadequate and untimely supply of credit and post-harvest losses are the worrying factors. Agricultural sector employs about 64% of the workforce, contributes 27.4% of Gross Domestic Product (GDP) and accounts for about 18% share of the value of the country‘s exports. It supplies bulk of wage goods required by non-agricultural sector and raw material for a large section of the industry. In terms of gross fertilizer consumption, India ranks 4th in the world after USA, Russia and China. The country has the largest area in the world under pulse crops while in the field of cotton; India is the first to evolve a cotton hybrid. In 1996-97, the per capital net availability of foodgrains touched 528.77gms, which was a mere 395gms at the time of India‘s independence. Therefore, it has a vital place in the economic development of the country. Significant strides have been made in agricultural production towards ensuring food security. There has been a significant improvement in agriculturalproductivity which has helped in reducing rural poverty. The trend in the growth of foodgrain production, particularly in high productivity areas like Haryana and Punjab, is on the decline. Agricultural productivity in the Eastern region, excepting West Bengal, is low, and it is mainly attributed to weak infrastructure. Indian agriculture is also on the threshold of becoming globally competitive and is in a position to make major gains in the export market. Foodgrains account for 63% of country‘s agricultural output and hence even a marginal production has ‘ripple effect‘on the rest of the economy. IN 1997, the foodgrains output was 199 million tones but in 1998 it was lowered by over 4 million tones owing to a fall in the pulse production. Initiatives for increasing the production and productivity of cereal crops on the basis of cropping systems approach continued during the year 1996-97. In 1997-98, 31.2 million tones of coarse cereals were produced. However, barring the record production of 69.3 million tonnes of wheat in 1996-97, the production of wheat at 66.5 million tonnes in 1997-98 and expected rice production at 83.5 million tones is said to be the highest ever. Procurement of wheat during the rabbi marketing season 1998-99 touched a record high of 10.61 million tonnes. Pulses production in the country has been stagnating around 8-14 million tonnes for the last 40 years. The production of pulses is expected to be about 13 million tonnes in 1997-98 compared to 13.19 million tonnes during 1995-96. The adverse agro-climatic conditions have had their impact on the production of commercial crops. The production of 9 major oilseeds in 1997-98 is expected to be 24 million tonnes, as compared to 25 million tonnes in 1996-97 and 22.4 million tonnes in ‘95-96. Among the nine oilseed crops grown in the country, groundnut and rasped/mustard together account for 62% of the total oilseeds production. The production of groundnut and rapeseed and mustard is expected to touch 8 million and 6 million tonnes compared to 9 million and 7 million tonnes in 1996-97.Q.Which of the following is FALSE in the context of this passage?a)Farm technologies are not in contrast with market requirements.b)Capital formation in agricultural sector is less than required.c)The supply of credit to agro-sector is less and ill-timedd)Mechanism of compensation for crop losses is not adequateCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Passage:The rapid and unprecedented changes in the external environment such as liberalization of the economy, globalization of international markets, and deregulation of the financial system and implications of various clauses under WTO exerted considerable pressure on the agricultural system. The inadequate levels of capital formation in the agricultural sector, distancing of farm technologies from requirements of the market, inadequate and untimely supply of credit and post-harvest losses are the worrying factors. Agricultural sector employs about 64% of the workforce, contributes 27.4% of Gross Domestic Product (GDP) and accounts for about 18% share of the value of the country‘s exports. It supplies bulk of wage goods required by non-agricultural sector and raw material for a large section of the industry. In terms of gross fertilizer consumption, India ranks 4th in the world after USA, Russia and China. The country has the largest area in the world under pulse crops while in the field of cotton; India is the first to evolve a cotton hybrid. In 1996-97, the per capital net availability of foodgrains touched 528.77gms, which was a mere 395gms at the time of India‘s independence. Therefore, it has a vital place in the economic development of the country. Significant strides have been made in agricultural production towards ensuring food security. There has been a significant improvement in agriculturalproductivity which has helped in reducing rural poverty. The trend in the growth of foodgrain production, particularly in high productivity areas like Haryana and Punjab, is on the decline. Agricultural productivity in the Eastern region, excepting West Bengal, is low, and it is mainly attributed to weak infrastructure. Indian agriculture is also on the threshold of becoming globally competitive and is in a position to make major gains in the export market. Foodgrains account for 63% of country‘s agricultural output and hence even a marginal production has ‘ripple effect‘on the rest of the economy. IN 1997, the foodgrains output was 199 million tones but in 1998 it was lowered by over 4 million tones owing to a fall in the pulse production. Initiatives for increasing the production and productivity of cereal crops on the basis of cropping systems approach continued during the year 1996-97. In 1997-98, 31.2 million tones of coarse cereals were produced. However, barring the record production of 69.3 million tonnes of wheat in 1996-97, the production of wheat at 66.5 million tonnes in 1997-98 and expected rice production at 83.5 million tones is said to be the highest ever. Procurement of wheat during the rabbi marketing season 1998-99 touched a record high of 10.61 million tonnes. Pulses production in the country has been stagnating around 8-14 million tonnes for the last 40 years. The production of pulses is expected to be about 13 million tonnes in 1997-98 compared to 13.19 million tonnes during 1995-96. The adverse agro-climatic conditions have had their impact on the production of commercial crops. The production of 9 major oilseeds in 1997-98 is expected to be 24 million tonnes, as compared to 25 million tonnes in 1996-97 and 22.4 million tonnes in ‘95-96. Among the nine oilseed crops grown in the country, groundnut and rasped/mustard together account for 62% of the total oilseeds production. The production of groundnut and rapeseed and mustard is expected to touch 8 million and 6 million tonnes compared to 9 million and 7 million tonnes in 1996-97.Q.Which of the following is FALSE in the context of this passage?a)Farm technologies are not in contrast with market requirements.b)Capital formation in agricultural sector is less than required.c)The supply of credit to agro-sector is less and ill-timedd)Mechanism of compensation for crop losses is not adequateCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Passage:The rapid and unprecedented changes in the external environment such as liberalization of the economy, globalization of international markets, and deregulation of the financial system and implications of various clauses under WTO exerted considerable pressure on the agricultural system. The inadequate levels of capital formation in the agricultural sector, distancing of farm technologies from requirements of the market, inadequate and untimely supply of credit and post-harvest losses are the worrying factors. Agricultural sector employs about 64% of the workforce, contributes 27.4% of Gross Domestic Product (GDP) and accounts for about 18% share of the value of the country‘s exports. It supplies bulk of wage goods required by non-agricultural sector and raw material for a large section of the industry. In terms of gross fertilizer consumption, India ranks 4th in the world after USA, Russia and China. The country has the largest area in the world under pulse crops while in the field of cotton; India is the first to evolve a cotton hybrid. In 1996-97, the per capital net availability of foodgrains touched 528.77gms, which was a mere 395gms at the time of India‘s independence. Therefore, it has a vital place in the economic development of the country. Significant strides have been made in agricultural production towards ensuring food security. There has been a significant improvement in agriculturalproductivity which has helped in reducing rural poverty. The trend in the growth of foodgrain production, particularly in high productivity areas like Haryana and Punjab, is on the decline. Agricultural productivity in the Eastern region, excepting West Bengal, is low, and it is mainly attributed to weak infrastructure. Indian agriculture is also on the threshold of becoming globally competitive and is in a position to make major gains in the export market. Foodgrains account for 63% of country‘s agricultural output and hence even a marginal production has ‘ripple effect‘on the rest of the economy. IN 1997, the foodgrains output was 199 million tones but in 1998 it was lowered by over 4 million tones owing to a fall in the pulse production. Initiatives for increasing the production and productivity of cereal crops on the basis of cropping systems approach continued during the year 1996-97. In 1997-98, 31.2 million tones of coarse cereals were produced. However, barring the record production of 69.3 million tonnes of wheat in 1996-97, the production of wheat at 66.5 million tonnes in 1997-98 and expected rice production at 83.5 million tones is said to be the highest ever. Procurement of wheat during the rabbi marketing season 1998-99 touched a record high of 10.61 million tonnes. Pulses production in the country has been stagnating around 8-14 million tonnes for the last 40 years. The production of pulses is expected to be about 13 million tonnes in 1997-98 compared to 13.19 million tonnes during 1995-96. The adverse agro-climatic conditions have had their impact on the production of commercial crops. The production of 9 major oilseeds in 1997-98 is expected to be 24 million tonnes, as compared to 25 million tonnes in 1996-97 and 22.4 million tonnes in ‘95-96. Among the nine oilseed crops grown in the country, groundnut and rasped/mustard together account for 62% of the total oilseeds production. The production of groundnut and rapeseed and mustard is expected to touch 8 million and 6 million tonnes compared to 9 million and 7 million tonnes in 1996-97.Q.Which of the following is FALSE in the context of this passage?a)Farm technologies are not in contrast with market requirements.b)Capital formation in agricultural sector is less than required.c)The supply of credit to agro-sector is less and ill-timedd)Mechanism of compensation for crop losses is not adequateCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Passage:The rapid and unprecedented changes in the external environment such as liberalization of the economy, globalization of international markets, and deregulation of the financial system and implications of various clauses under WTO exerted considerable pressure on the agricultural system. The inadequate levels of capital formation in the agricultural sector, distancing of farm technologies from requirements of the market, inadequate and untimely supply of credit and post-harvest losses are the worrying factors. Agricultural sector employs about 64% of the workforce, contributes 27.4% of Gross Domestic Product (GDP) and accounts for about 18% share of the value of the country‘s exports. It supplies bulk of wage goods required by non-agricultural sector and raw material for a large section of the industry. In terms of gross fertilizer consumption, India ranks 4th in the world after USA, Russia and China. The country has the largest area in the world under pulse crops while in the field of cotton; India is the first to evolve a cotton hybrid. In 1996-97, the per capital net availability of foodgrains touched 528.77gms, which was a mere 395gms at the time of India‘s independence. Therefore, it has a vital place in the economic development of the country. Significant strides have been made in agricultural production towards ensuring food security. There has been a significant improvement in agriculturalproductivity which has helped in reducing rural poverty. The trend in the growth of foodgrain production, particularly in high productivity areas like Haryana and Punjab, is on the decline. Agricultural productivity in the Eastern region, excepting West Bengal, is low, and it is mainly attributed to weak infrastructure. Indian agriculture is also on the threshold of becoming globally competitive and is in a position to make major gains in the export market. Foodgrains account for 63% of country‘s agricultural output and hence even a marginal production has ‘ripple effect‘on the rest of the economy. IN 1997, the foodgrains output was 199 million tones but in 1998 it was lowered by over 4 million tones owing to a fall in the pulse production. Initiatives for increasing the production and productivity of cereal crops on the basis of cropping systems approach continued during the year 1996-97. In 1997-98, 31.2 million tones of coarse cereals were produced. However, barring the record production of 69.3 million tonnes of wheat in 1996-97, the production of wheat at 66.5 million tonnes in 1997-98 and expected rice production at 83.5 million tones is said to be the highest ever. Procurement of wheat during the rabbi marketing season 1998-99 touched a record high of 10.61 million tonnes. Pulses production in the country has been stagnating around 8-14 million tonnes for the last 40 years. The production of pulses is expected to be about 13 million tonnes in 1997-98 compared to 13.19 million tonnes during 1995-96. The adverse agro-climatic conditions have had their impact on the production of commercial crops. The production of 9 major oilseeds in 1997-98 is expected to be 24 million tonnes, as compared to 25 million tonnes in 1996-97 and 22.4 million tonnes in ‘95-96. Among the nine oilseed crops grown in the country, groundnut and rasped/mustard together account for 62% of the total oilseeds production. The production of groundnut and rapeseed and mustard is expected to touch 8 million and 6 million tonnes compared to 9 million and 7 million tonnes in 1996-97.Q.Which of the following is FALSE in the context of this passage?a)Farm technologies are not in contrast with market requirements.b)Capital formation in agricultural sector is less than required.c)The supply of credit to agro-sector is less and ill-timedd)Mechanism of compensation for crop losses is not adequateCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CLAT tests.