Welcome to Economics Daily Static MCQs 31/05/2024 .

Total Questions: 5

Q1. Consider the following statements regarding the Kisan Credit Card Scheme:

The scheme covers owner cultivators, tenant farmers, Self Help Groups (SHGs).
The KCC also covers farmers doing allied activities, including Animal Husbandry, dairying, and fisheries.
The KCC covers the Consumption requirements of farmer households.

How many of the statements given above are correct?

a. 1 and 2 only

b. 2 only

c. 2 and 3 only

d. 1, 2 and 3

Q2. The global competitiveness index is released by:

a. World Bank

b. World Trade Organisation

c. World Economic Forum

d. International Monetary Fund

Q3. The objectives of an efficient agricultural marketing system are:

To reap the best possible benefits for primary producers.
To provide facilities for lifting all the produce the farmers are willing to sell.
To increase the price spread between the primary producer and ultimate consumers.

How many of the statements given above are correct?

a. 1, 2 and 3

b. 2 and 3 only

c. 1 and 3 only

d. 1 and 2 only

Q4. Arrange the following events related to the agriculture sector chronologically:

Establishment of the Food Corporation of India.
Setting up of Agricultural Prices Commission.
Distribution of HYV varieties wheat seeds in irrigated areas of Punjab Haryana and Western Uttar Pradesh.

a. 2-1-3

b. 1-2-3

c. 3-1-2

d. 3-2-1

Q5. From the Expenditure side of contribution to the real GDP growth, the highest contribution is made by:

a. Private Final Consumption

b. Government Final consumption

c. Fixed Capital formation

d. Net Exports

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Economics Daily Static MCQs 31/05/2024