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Consider the following statements concerning the Agricultural and Processed Food Products Export Development Authority (APEDA):
1. It is an autonomous body under the Ministry of Food Processing Industries' administrative control.
2. It is mandated to export agricultural and processed food products by providing financial assistance to the registered exporters.
3. It has been entrusted with the responsibility to monitor the import of sugar.
Which of the statements given above are correct?
1. It is an autonomous body under the Ministry of Food Processing Industries' administrative control.
2. It is mandated to export agricultural and processed food products by providing financial assistance to the registered exporters.
3. It has been entrusted with the responsibility to monitor the import of sugar.
Which of the statements given above are correct?
- a)1 and 2 only
- b)2 and 3 only
- c)1 and 3 only
- d)1, 2 and 3
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
Consider the following statements concerning the Agricultural and Proc...
- The Agricultural and Processed Food Products Export Development Authority (APEDA) was established by the Government of India under the Agricultural and Processed Food Products Export Development Authority Act, 1985. It is an autonomous body under the administrative control of the Department of Commerce, Ministry of Commerce and Industry. Hence, statement 1 is not correct.
- According to the provisions of APEDA act, the following functions have been assigned to the Authority:
(i) Development of industries relating to the scheduled products for export by way of providing financial assistance or otherwise for undertaking surveys and feasibility studies, participation in inquiry capital through joint ventures and other reliefs and subsidy schemes; Hence, statement 2 is correct.
(ii) Registration of persons as exporters of the scheduled products on payment of such fees as may be prescribed;
(iii) Fixing of standards and specifications for the scheduled products for the purpose of exports;
(iv) Carrying out inspection of meat and meat products in slaughterhouses, processing plants, storage premises, conveyances or other places where such products are kept or handled for the purpose of ensuring the quality of such products;
(v) Improving the packaging of the Scheduled products;
(vi) Improving marketing of the Scheduled products outside India;
(vii) Promotion of export-oriented production and development of the Scheduled products - APEDA has been entrusted with the responsibility of export promotion and development of 14 agricultural and processed food product groups listed in the Schedule to the APEDA Act.
- The scheduled products include Fruits, Vegetables and their products, Meat and Meat Products; Poultry and Poultry Products; Dairy Products; Confectionery, Biscuits and Bakery Products; Honey, Jaggery and Sugar Products; Cocoa and its products, chocolates of all kinds; Alcoholic and Non-Alcoholic Beverages; Cereal and Cereal Products; Groundnuts, Peanuts and Walnuts; Pickles, Papads and Chutneys; Guar Gum; Floriculture and Floriculture Products; Herbal and Medicinal Plants. In addition to this, APEDA has been entrusted with the responsibility to monitor the import of sugar as well. Hence, statement 3 is correct. - APEDA has been actively engaged in the development of markets besides the up-gradation of infrastructure and quality to promote the export of agro products. In its endeavour to promote agro exports, APEDA, under its Plan Scheme titled ‘Agriculture Export Promotion Scheme of APEDA’ provides financial assistance to the registered exporters under sub-components of the Scheme - Market Development, Infrastructure Development, Quality Development and Transport Assistance.
Most Upvoted Answer
Consider the following statements concerning the Agricultural and Proc...
Statement 1: It is an autonomous body under the Ministry of Food Processing Industries administrative control.
Statement 2: It is mandated to export agricultural and processed food products by providing financial assistance to the registered exporters.
Statement 3: It has been entrusted with the responsibility to monitor the import of sugar.
Explanation:
The Agricultural and Processed Food Products Export Development Authority (APEDA) is an autonomous body under the Ministry of Commerce and Industry, not under the Ministry of Food Processing Industries. Therefore, statement 1 is incorrect.
APEDA is indeed mandated to promote and develop the export of agricultural and processed food products. It provides financial assistance, such as subsidies and incentives, to registered exporters to boost their export activities. Therefore, statement 2 is correct.
However, APEDA does not have the responsibility to monitor the import of sugar. The import of sugar is managed by other authorities such as the Directorate General of Foreign Trade (DGFT) and the Food Safety and Standards Authority of India (FSSAI). Therefore, statement 3 is incorrect.
Conclusion:
Based on the above explanation, we can conclude that statement 2 and statement 3 are correct, while statement 1 is incorrect. Therefore, the correct answer is option B - 2 and 3 only.
Statement 2: It is mandated to export agricultural and processed food products by providing financial assistance to the registered exporters.
Statement 3: It has been entrusted with the responsibility to monitor the import of sugar.
Explanation:
The Agricultural and Processed Food Products Export Development Authority (APEDA) is an autonomous body under the Ministry of Commerce and Industry, not under the Ministry of Food Processing Industries. Therefore, statement 1 is incorrect.
APEDA is indeed mandated to promote and develop the export of agricultural and processed food products. It provides financial assistance, such as subsidies and incentives, to registered exporters to boost their export activities. Therefore, statement 2 is correct.
However, APEDA does not have the responsibility to monitor the import of sugar. The import of sugar is managed by other authorities such as the Directorate General of Foreign Trade (DGFT) and the Food Safety and Standards Authority of India (FSSAI). Therefore, statement 3 is incorrect.
Conclusion:
Based on the above explanation, we can conclude that statement 2 and statement 3 are correct, while statement 1 is incorrect. Therefore, the correct answer is option B - 2 and 3 only.
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Consider the following statements concerning the Agricultural and Processed Food Products Export Development Authority (APEDA):1. It is an autonomous body under the Ministry of Food Processing Industries administrative control.2. It is mandated to export agricultural and processed food products by providing financial assistance to the registered exporters.3. It has been entrusted with the responsibility to monitor the import of sugar.Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?
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Consider the following statements concerning the Agricultural and Processed Food Products Export Development Authority (APEDA):1. It is an autonomous body under the Ministry of Food Processing Industries administrative control.2. It is mandated to export agricultural and processed food products by providing financial assistance to the registered exporters.3. It has been entrusted with the responsibility to monitor the import of sugar.Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements concerning the Agricultural and Processed Food Products Export Development Authority (APEDA):1. It is an autonomous body under the Ministry of Food Processing Industries administrative control.2. It is mandated to export agricultural and processed food products by providing financial assistance to the registered exporters.3. It has been entrusted with the responsibility to monitor the import of sugar.Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements concerning the Agricultural and Processed Food Products Export Development Authority (APEDA):1. It is an autonomous body under the Ministry of Food Processing Industries administrative control.2. It is mandated to export agricultural and processed food products by providing financial assistance to the registered exporters.3. It has been entrusted with the responsibility to monitor the import of sugar.Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?.
Consider the following statements concerning the Agricultural and Processed Food Products Export Development Authority (APEDA):1. It is an autonomous body under the Ministry of Food Processing Industries administrative control.2. It is mandated to export agricultural and processed food products by providing financial assistance to the registered exporters.3. It has been entrusted with the responsibility to monitor the import of sugar.Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements concerning the Agricultural and Processed Food Products Export Development Authority (APEDA):1. It is an autonomous body under the Ministry of Food Processing Industries administrative control.2. It is mandated to export agricultural and processed food products by providing financial assistance to the registered exporters.3. It has been entrusted with the responsibility to monitor the import of sugar.Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements concerning the Agricultural and Processed Food Products Export Development Authority (APEDA):1. It is an autonomous body under the Ministry of Food Processing Industries administrative control.2. It is mandated to export agricultural and processed food products by providing financial assistance to the registered exporters.3. It has been entrusted with the responsibility to monitor the import of sugar.Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?.
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