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In the ongoing free trade agreement talks between the UK and India, the key unresolved issue revolves around the level of protection for which type of products from the agricultural sector?
  • a)
    Organic Produce
  • b)
    Genetically Modified Crops
  • c)
    Sustainable Farming Practices
  • d)
    Geographical Indication Items
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
In the ongoing free trade agreement talks between the UK and India, th...
The key hurdle in the UK-India free trade agreement talks is the UK's demand for increased protection of Geographical Indication (GI) items, such as Scotch whisky and cheeses.
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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

In the ongoing free trade agreement talks between the UK and India, the key unresolved issue revolves around the level of protection for which type of products from the agricultural sector?a)Organic Produceb)Genetically Modified Cropsc)Sustainable Farming Practicesd)Geographical Indication ItemsCorrect answer is option 'D'. Can you explain this answer?
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In the ongoing free trade agreement talks between the UK and India, the key unresolved issue revolves around the level of protection for which type of products from the agricultural sector?a)Organic Produceb)Genetically Modified Cropsc)Sustainable Farming Practicesd)Geographical Indication ItemsCorrect answer is option 'D'. Can you explain this answer? for Bank Exams 2024 is part of Bank Exams preparation. The Question and answers have been prepared according to the Bank Exams exam syllabus. Information about In the ongoing free trade agreement talks between the UK and India, the key unresolved issue revolves around the level of protection for which type of products from the agricultural sector?a)Organic Produceb)Genetically Modified Cropsc)Sustainable Farming Practicesd)Geographical Indication ItemsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Bank Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the ongoing free trade agreement talks between the UK and India, the key unresolved issue revolves around the level of protection for which type of products from the agricultural sector?a)Organic Produceb)Genetically Modified Cropsc)Sustainable Farming Practicesd)Geographical Indication ItemsCorrect answer is option 'D'. Can you explain this answer?.
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