Quiz: Daily Quiz: November 12, 2019
Test-summary
0 of 5 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
Information
Click on ‘Start Test’ button to start the Quiz.
Click Here For More Details on Prelims Marathon
All the Best!
You have already completed the test before. Hence you can not start it again.
Test is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 5 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 scores, (0)
| Average score | |
| Your score | |
Categories
- Economy 0%
-
You have completed the test!
- 1
- 2
- 3
- 4
- 5
- Answered
- Review
- Question 1 of 5
1. Question
1 pointsCategory: EconomyConsider the following statements with respect to National Land Records Modernization Programme (NLRMP):
1.It was started in 2010
2.It aims at updating and digitizing land records by the end of the Twelfth PlanWhich of the following below given codes are correct?
Correct
Explanation: The National Land Records Modernisation Programme (NLRMP), started in 2008, aims at updating and digitising land records by the end of the Twelfth Plan. Eventually, the intent is to move from presumptive title (where registration of a title does not imply the owner’s title is legally valid) to conclusive title (where it does).
Incorrect
Explanation: The National Land Records Modernisation Programme (NLRMP), started in 2008, aims at updating and digitising land records by the end of the Twelfth Plan. Eventually, the intent is to move from presumptive title (where registration of a title does not imply the owner’s title is legally valid) to conclusive title (where it does).
- Question 2 of 5
2. Question
1 pointsCategory: EconomyConsider the following statements with respect to Green Revolution:
1.Rice crop was first crop to experiment under Green Revolution
2.The Green Revolution was centered around the use of the High Yielding Variety (HYV) of seedsWhich of the following below given codes are correct?
Correct
Explanation: It is the introduction of new techniques of agriculture, which became popular by the name of Green Revolution (GR) in early 1960s— at first for wheat and by the next decade for rice, too. It revolutionised the very traditional idea of food production by giving a boost by more than 250 per cent to the productivity level. The Green Revolution was centred around the use of the High Yielding Variety (HYV) of seeds developed by the US agro-scientist Norman Borlaug doing research on a British Rockfellor Foundation Scholarship in Mexico by the early 1960s.
Incorrect
Explanation: It is the introduction of new techniques of agriculture, which became popular by the name of Green Revolution (GR) in early 1960s— at first for wheat and by the next decade for rice, too. It revolutionised the very traditional idea of food production by giving a boost by more than 250 per cent to the productivity level. The Green Revolution was centred around the use of the High Yielding Variety (HYV) of seeds developed by the US agro-scientist Norman Borlaug doing research on a British Rockfellor Foundation Scholarship in Mexico by the early 1960s.
- Question 3 of 5
3. Question
1 pointsCategory: EconomyConsider the following statements with respect to Minimum Support Price (MSP):
1.It is a guarantee price to save farmers from distress sale
2.It is announced at the Harvest timeWhich of the following below given codes are correct?
Correct
Explanation: Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices —a guarantee price to save farmers from distress sale. The MSPs are announced at the beginning of the sowing season for certain crops on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP, 1985).
Incorrect
Explanation: Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices —a guarantee price to save farmers from distress sale. The MSPs are announced at the beginning of the sowing season for certain crops on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP, 1985).
- Question 4 of 5
4. Question
1 pointsCategory: EconomyConsider the following statements with respect to Procurement price:
1.It was announced first time in 1966-67 for Wheat crop
2.It was higher than Minimum Support PriceWhich of the following below given codes are correct?
Correct
Explanation: In 1966–67, the Government of India announced a ‘procurement price’ for wheat, a bit higher than its MSP (the purpose being security of food procurement for requirement of the PDS). The MSP was announced before sowing, while the procurement price was announced before harvesting—the purpose was to encourage farmers to sell a bit more and get encouraged to produce more. But this increased price hardly served the purpose as a suitable incentive to farmers. It would have been better had it been announced before sowing and not after harvesting. That is why since the fiscal 1968–69 the government announced only the MSP, which is also considered the effective procurement price.
Incorrect
Explanation: In 1966–67, the Government of India announced a ‘procurement price’ for wheat, a bit higher than its MSP (the purpose being security of food procurement for requirement of the PDS). The MSP was announced before sowing, while the procurement price was announced before harvesting—the purpose was to encourage farmers to sell a bit more and get encouraged to produce more. But this increased price hardly served the purpose as a suitable incentive to farmers. It would have been better had it been announced before sowing and not after harvesting. That is why since the fiscal 1968–69 the government announced only the MSP, which is also considered the effective procurement price.
- Question 5 of 5
5. Question
1 pointsCategory: EconomyIn which year Decentralized Procurement (DCP) Scheme introduced by Government of India?
Correct
Explanation: The decentralised procurement (DCP) scheme was operationalised by the government in 1997 (together with the Centre and some of the states also procure foodgrains from the farmers, locally). Under this scheme, the designated states procure, store and also issue foodgrains under the TPDS. The difference between the economic cost of the states and the central issue price (CIP) is passed on to the states by the Government of India as subsidy. The decentralised system of procurement, helps to cover more farmers under the MSP operations, improves efficiency of the PDS, provides varieties of food grains more suited to local taste, and reduces the transportation costs of the FCI.
Incorrect
Explanation: The decentralised procurement (DCP) scheme was operationalised by the government in 1997 (together with the Centre and some of the states also procure foodgrains from the farmers, locally). Under this scheme, the designated states procure, store and also issue foodgrains under the TPDS. The difference between the economic cost of the states and the central issue price (CIP) is passed on to the states by the Government of India as subsidy. The decentralised system of procurement, helps to cover more farmers under the MSP operations, improves efficiency of the PDS, provides varieties of food grains more suited to local taste, and reduces the transportation costs of the FCI.
