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To showcase innovative solutions within the fisheries and aquaculture sector, which of the following ministries has launched Fisheries Startup Grand Challenge 2021?
  • a)
    Ministry of Commerce and Industry
  • b)
    Ministry of Fisheries, Animal Husbandry and Dairy
  • c)
    Ministry of Agriculture & Farmers Welfare
  • d)
    Ministry of Food Processing Industries
  • e)
    Ministry of Home Affairs
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
To showcase innovative solutions within the fisheries and aquaculture...
The correct answer is Ministry of Fisheries, Animal Husbandry and Dairy.
Key Points:
  • The Ministry of Fisheries, Animal Husbandry and Dairy in association with Startup India, Ministry of Commerce and Industry inaugurated the “Fisheries Startup Grand Challenge” on 13 Jan'22.
  • It has been launched with an objective to provide a platform for start-ups within the country to showcase their innovative solutions within the fisheries and aquaculture sector.
  • It will be live for 45 days for the submission of applications.
Additional Information:
  • World Fisheries Day is celebrated on 21 November every year by fishing communities across the world.
  • 2021 was the fifth World Fisheries Day.
  • The first World Fisheries Day was celebrated on November 21, 2015.
  • The first-of-its-kind, dedicated fisheries business incubator has been inaugurated in Gurugram of Haryana to nurture fisheries start-ups under real market-led conditions.
  • Assam Minister for Fisheries, Environment, and Forest and Excise, Parimal Suklabaidya launched an App Fishwaale, India’s first e-fish market.
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Directions: Answer the given question based on the following passage:Agriculture occupies a pivotal position for ensuring livelihood, food and nutritional security, sustainable development and eradication of poverty in India. It is the prime sector for generating employment opportunities for majority of the population of any country.The contribution of agriculture sector to the national gross domestic product (GDP) has been continuously declining over the years, while other sectors, especially the service sector, are showing an increasing trend. In 1970-71, agriculture sector contributed about 44 per cent of GDP, which declined substantially to 13.5 per cent in 2010-11 (at 2004-05).During the last decade, there was a paradigm shift in the patterns of production, consumption, and trade in Indian agriculture through the use of new technologies. The shift in production and consumption from food-grains to high-value agricultural commodities such as fruits and vegetables, milk and milk products, meat, eggs, fish, etc. took place in a big way. Now there is a declining share of traditional crops/commodities in production, consumption and trade in India. Agriculture, horticulture and other non-traditional high-value agricultural crops occupy an important place in income growth in rural areas.Despite being one of the largest producers of many agricultural commodities such as fruits, vegetables, milk and livestock, etc. in the world, the extent of value addition to raw food material in India is only 8%, while it is 23%, 45% and 188% in China, Philippines and UK, respectively. Furthermore, only 2.2% of total fruits and vegetables are processed in India as compared to 30% in Thailand, 80% in Malaysia and 70% in UK.It is pertinent to mention here that total annual loss during the post harvest operations under agriculture produce is approximately Rs. 88,000 crore. This trend can be reversed by properly financing secondary agriculture, which can lead to 2-3 times value addition to primary agriculture products. Most of the primary agriculture produce requires processing before being finally consumed and the value addition/processing of the farm production to transform it into consumable item which is called secondary agriculture. It includes processing and value addition in all food and non-food products for human, animal and industrial use.What according to the passage took place in a big way?

Directions: Answer the given question based on the following passage:Agriculture occupies a pivotal position for ensuring livelihood, food and nutritional security, sustainable development and eradication of poverty in India. It is the prime sector for generating employment opportunities for majority of the population of any country.The contribution of agriculture sector to the national gross domestic product (GDP) has been continuously declining over the years, while other sectors, especially the service sector, are showing an increasing trend. In 1970-71, agriculture sector contributed about 44 per cent of GDP, which declined substantially to 13.5 per cent in 2010-11 (at 2004-05).During the last decade, there was a paradigm shift in the patterns of production, consumption, and trade in Indian agriculture through the use of new technologies. The shift in production and consumption from food-grains to high-value agricultural commodities such as fruits and vegetables, milk and milk products, meat, eggs, fish, etc. took place in a big way. Now there is a declining share of traditional crops/commodities in production, consumption and trade in India. Agriculture, horticulture and other non-traditional high-value agricultural crops occupy an important place in income growth in rural areas.Despite being one of the largest producers of many agricultural commodities such as fruits, vegetables, milk and livestock, etc. in the world, the extent of value addition to raw food material in India is only 8%, while it is 23%, 45% and 188% in China, Philippines and UK, respectively. Furthermore, only 2.2% of total fruits and vegetables are processed in India as compared to 30% in Thailand, 80% in Malaysia and 70% in UK.It is pertinent to mention here that total annual loss during the post harvest operations under agriculture produce is approximately Rs. 88,000 crore. This trend can be reversed by properly financing secondary agriculture, which can lead to 2-3 times value addition to primary agriculture products. Most of the primary agriculture produce requires processing before being finally consumed and the value addition/processing of the farm production to transform it into consumable item which is called secondary agriculture. It includes processing and value addition in all food and non-food products for human, animal and industrial use.Q. The phrase 'paradigm shift' in the passage, refers to

To showcase innovative solutions within the fisheries and aquaculture sector, which of the following ministries has launched Fisheries Startup Grand Challenge 2021?a)Ministry of Commerce and Industryb)Ministry of Fisheries, Animal Husbandry and Dairyc)Ministry of Agriculture & Farmers Welfared)Ministry of Food Processing Industriese)Ministry of Home AffairsCorrect answer is option 'B'. Can you explain this answer?
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To showcase innovative solutions within the fisheries and aquaculture sector, which of the following ministries has launched Fisheries Startup Grand Challenge 2021?a)Ministry of Commerce and Industryb)Ministry of Fisheries, Animal Husbandry and Dairyc)Ministry of Agriculture & Farmers Welfared)Ministry of Food Processing Industriese)Ministry of Home AffairsCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about To showcase innovative solutions within the fisheries and aquaculture sector, which of the following ministries has launched Fisheries Startup Grand Challenge 2021?a)Ministry of Commerce and Industryb)Ministry of Fisheries, Animal Husbandry and Dairyc)Ministry of Agriculture & Farmers Welfared)Ministry of Food Processing Industriese)Ministry of Home AffairsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for To showcase innovative solutions within the fisheries and aquaculture sector, which of the following ministries has launched Fisheries Startup Grand Challenge 2021?a)Ministry of Commerce and Industryb)Ministry of Fisheries, Animal Husbandry and Dairyc)Ministry of Agriculture & Farmers Welfared)Ministry of Food Processing Industriese)Ministry of Home AffairsCorrect answer is option 'B'. Can you explain this answer?.
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