Tag: important index numbers

Questions Related to important index numbers

The price that is announced by the government before the sowing season is called ________.

geography food security in india components of food security government measures for food security important index numbers

  1. Issue price

  2. Fair price

  3. Market price

  4. Minimum support price

Show answer
Correct Option: D
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. 

The minimum guaranteed price at which the government offers to purchase any quantity is known as ______.

geography food security in india components of food security government measures for food security important index numbers

  1. Procurement price

  2. Minimum Support Price

  3. Issue price

  4. Market price

Show answer
Correct Option: B
Explanation:

Minimum Support Price (MSP) is announced by the Government of India at the beginning of the sowing season for certain crops. The MSP is a guarantee price for farmers.

Farmers are paid a pre-announced price by the government for their crops. It is called _______.

geography food security in india components of food security government measures for food security important index numbers

  1. Issue price

  2. Invested price

  3. Market price

  4. Minimum Support Price

Show answer
Correct Option: D
Explanation:

Minimum Support Price (MSP) is a announced by the Government of India at the beginning of the sowing season for certain crops. The MSP is a guarantee price for farmers' produce. The major objectives are to support the farmers from distress sales and to procure food grains for public distribution. 

___________ supply food products for the low income groups.

geography food security in india components of food security government measures for food security important index numbers

  1. Multi National Corporation

  2. World Health Organization

  3. Public Distribution System

  4. Government Security Institution

Show answer
Correct Option: C
Explanation:

Public distribution system supply food products for the low-income groups. All the staple food grains like rice, wheat, and essential commodities are provided through these shops. These commodities are provided to the poor people at a lower cost as compared to the market. 

Minimum Support Price is decided by the ___________.

geography food security in india components of food security government measures for food security important index numbers

  1. Farmers

  2. Government

  3. Mediators

  4. Traders

Show answer
Correct Option: B
Explanation:

Minimum Support Price (MSP) is decided by the government. This is the price at which the government pays to the farmers for their produce. Government buys the crops from farmers at MSP and then sell it in the market. This policy helps the farmers as they get a fixed amount for their produce no matter what the market price is. And also they don’t have to look after the distribution of the produce. 

Which of these crops were not covered by HYV scheme?

geography food security in india components of food security government measures for food security important index numbers

  1. Jowar

  2. Bajara

  3. Wheat

  4. Cane

Show answer
Correct Option: D
Explanation:

Cane is not covered in the HYV Scheme. Wheat, Jowar, Bajara all come under the scheme. HYV (High yielding variety) seeds are better quality seeds that improve the production levels. The objective of the scheme was to increase production to achieve self-sufficiency.

NFWP refers to _________.

geography food security in india components of food security government measures for food security important index numbers

  1. Natural Food for Working Persons

  2. National Forums for Working Persons

  3. National Food for Work Program

  4. Natural Freedom for War Prisoners

Show answer
Correct Option: C
Explanation:

 NFWP stands for National Food for Work Program . It is a scheme formulated by the Ministry of Rural Development, Central Government of India. Under this scheme 150 backward districts are supplied with necessary resources.

Pulses have seen high rise in recent times-select the factor which was not responsible for this rise:

geography food security in india components of food security government measures for food security important index numbers

  1. As per the NSSO the dietary habits of the people has gone for shift in favour of protein-supplying foods.

  2. No public procurement at minimum support prices.

  3. Production pattern is biased against pulsesmost of it being grown on un-irrigated land.

  4. Successive droughts in the pulse growing states

Show answer
Correct Option: B
Explanation:

Government decided (in 2016−172016−17) to keep the MSP for pulses more competitive to the other cereal crops together with public procurement for public stock-holding.

While the Gol announces the Minimum Support Prices (MSPs) for the different crops in India what does the term 'FAQ' stands for? 

geography food security in india components of food security government measures for food security important index numbers

  1. Frequently Asked Question

  2. Fair Average Quotient

  3. Freshness Agri Quote

  4. None of these

Show answer
Correct Option: D
Explanation:

The term 'FAQ' in the official literature of the Government means Fair Average Quality while the minimum support prices arc announced. 

Select the correct ones about India's wholesale price index and the producer price index of the developed countries:
1. Both are exclusive of the indirect taxes.
2. While the producer price index contains services. wholesale price index doesn't.

geography food security in india components of food security government measures for food security important index numbers

  1. Only 4

  2. Only 2

  3. 1 and 2

  4. Neither 1 nor 2

Show answer
Correct Option: C
Explanation:

India's wholesale price index though has become similar to the PPI of the developed countries from the point of the exclusion of the indirect taxes (since May2017May2017) it does not include the services.