11. Agriculture Policy, Green Revolution and Rainbow Revolution

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The minimum support prices (MSP) for major agricultural products are fixed by the government, each year, after taking into account the recommendations of which of the following organizations?

Planning Commission of India

Finance Commission of India

Farmer’s Commission of India

Commission for Agricultural Costs and Prices

What is the main motive of the government behind having a dual price system & setting up of fair price shops?

To demote speculation and hoarding

To incentivise the trading of essential commodities

To eliminate the monopoly of the traders and speculators

To make the essential commodities available to the weaker sections of the society

Which of the following decides the Minimum Support Prices on behalf of the Government of India?

Ministry of Agriculture

Cabinet Committee on Economic Affairs

Commission for Agricultural Costs & Prices

None of Them

From which of the following financial years, Seed Crop Insurance began in India?

1999-2000

2000-2001

2001-2002

2002-2003

The government of India provides food subsidy by __:

Fixing Central Issue prices

Selling grains via PDS mechanism

Funding FCI in purchase of foodgrains

All of above