Economy Quiz, 27-02-2020 (Agriculture & food management)

Consider the following statements about ‘Indian Agriculture’.
1) Agriculture sector in India farm about 17% of Indian GDP.
2) From the Livelihood point of view about 50 Percent people of India depends upon agriculture sector.
Which of the following above statement(s) is/are not correct?

Consider the following statements with respect to cropping season in India.
1) the Kharif cropping season is from October to March.
2) Rabi Cropping season is from July to October.
Which of the above statements is correct?

Consider the following statement about Minimum support Price (MSP).
1) MSP is a form of market intervention by Government to insure agricultural producers against any sharp fall in farm prices.
2) MSP’s are announced on the recommendation of commission for agricultural costs and prices (CACP, 1985).
Which of the above statement is/are Correct?

Consider the following statement with respect to National food security act 2013.
1) It will cover up to 75% rural and 50% of urban population.
2) It will provide uniform entitlement of 5 kg food grains per month at highly subsidised prices fo Rs 3, Rs 2, Rs 1 per kg for rice, wheat and coarse grains respectively.
Which of the above statement(s) is/are correct?

Which of the following is not type of subsidy under WTO.