Economic Development
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Economic Development questions with answers

3,293 multiple-choice questions. Open any question for its answer and explanation.

Questions asked in State PSC and UPSC prelims, by topic. Each topic also has notes to read.

Read the notes: Agriculture and Allied Sectors →

  1. The minimum support prices are a means of supporting theAsked in TNPSC CS Prelims 2017
  2. According to the evaluation report of Niti Ayog related to Minimum Support Price (MSP), which of the following statement (s) is/are correct? (a) MSP is declared before the sowing season. (b) The idea behind MSP is to give guaranteed prices to the farmers and save them from price fluctuations. (c) With globalization resulting in free trade in agricultural commodities, it is not important to protect the farmers from the unwarranted fluctuations in prices.Asked in TNPSC CS Prelims 2021
  3. Which is correct? (i) HYV – High Yielding Varieties (ii) MSP – Maximum Support Prices (iii) PDS – Public Distribution System (iv) IPM – Integrated Pesticide ManagementAsked in TNPSC CS Prelims 2022
  4. The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister has approved the increase in the Minimum Support Prices (MSP) for Marketing Season 2022-23 for the following number of Kharif crops :Asked in TSPSC Group 1 Prelims 2022
  5. From 4th July 2018 the Minimum Support Price (MSP) during 2018-19 for paddy per quintal isAsked in UPPCS Prelims 2018
  6. Consider the following statements about farm subsidies in India. 1. The input subsidies in India, such as on fertilizers fall under indirect farm subsidies. 2. Reducation offered to farmers in Power and irrigation bills fall under direct farm subsidies. 3. The agricultural provisions of the World Trade Organization (WTO) though allow direct farm subsidies, prohibit indirect subsidies. 4. All subsidies provided by the goverments in India fall under the indirect subsidies. Select the correct statements using the code given below:Asked in UPPCS Prelims 2022
  7. Consider the following statements: 1. The Government of India provides Minimum Support Price (MSP) for some crops. 2. The MSP is declared by the Commission for Agricultural Costs and Prices (CACP). 3. The MSP is fixed by the Government of India on the basis of the recommendations of the CACP. Which of the statements given above are correct?Asked in UPSC CAPF 2010
  8. Consider the following statements: 1. The Minimum Support Price (MSP) for agricultural crops is determined by the Central Government. 2. The MSP is based on the recommendations of the Commission for Agricultural Costs and Prices (CACP). 3. The MSP is mandatory for procurement of agricultural produce by the government agencies. Which of the statements given above are correct?Asked in UPSC CAPF 2010
  9. Which of the statements given below is/are correct ? 1. For the marketing year 2014 – 2015, the minimum support price (MSP) for wheat in India has been fixed at Rs. 1,400 / quintal 2. MSP is the rate at which the government sells the grains through the fair price shops Select the correct answer using the code given below :Asked in UPSC CAPF 2014
  10. The price declared by the Government every year before the sowing season to provide incentives to the farmers is calledAsked in UPSC CAPF 2021
  11. The Fair and Remunerative Price (FRP) of sugarcane is approved by theAsked in UPSC IAS 2015
  12. Consider the following: 1. Areca nut 2. Barley 3. Coffee 4. Finger millet 5. Groundnut 6. Sesamam 7. Turmeric The Cabinet Committee on Economic Affairs has announced the Minimum Support Price for which of the above?Asked in UPSC IAS 2018
  13. Which of the following factors/policies were affecting the price of rice in India in the recent past? Minimum Support Price Government's trading Government's stockpiling Consumer subsidies Select the correct answer using the code given below :Asked in UPSC IAS 2020
  14. Consider the following statements: In the case of all cereals, pulses and oil- seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India. In the case of cereals and pulses, the MSP is fixed in any State/UT at a level to which the market price will never rise. Which of the statements given above is/are correct ?Asked in UPSC IAS 2020
  15. Consider the following statements: The Government of India provides Min‐ 1. imum Support Price for niger (Guizotia abyssinica) seeds. Niger is cultivated as a Kharif crop. 2. Some tribal people in India use niger seed 3. oil for cooking. How many of the above statements are correct?Asked in UPSC IAS 2023
  16. The MSPs are fixed at incentive level, to fulfil the following purposes : 1. to induce less investment by farmers in the farm sector. 2. to motivate farmers to adopt improved crop production technologies. 3. to enhance production and thereby farmers' income. Select the correct answer using the code given below :Asked in UPSC SO Steno 2018
  17. Green revolution in India has taken place through district-wise execution ofAsked in WBPSC CS Prelims 2018
  18. Green Revolution was the result of adoption of New Agricultural Strategy which was introduced in 20th Century during decades ofAsked in UPPCS Prelims 2015
  19. Minimum Support Price for Groundmet for 1995-96 declared by government of India is Rs:Asked in UPPCS Prelims 1995
  20. In the Eleventh Five Year Plan annual growth rate in agriculture is aimed asAsked in UPPSC Upper Mains 2009
  21. Which of the following crops is not covered under the National Food Security Mission ?Asked in UPPSC Upper Mains 2010
  22. Which one of the following States is the pioneer in introducing contract farming in India ?Asked in UPPSC Upper Mains 2005
  23. Rainfed Area Development Programme (RADP) was launched by the Department of Agriculture and Cooperation Government of India in the yearAsked in UPPSC Upper Mains 2015
  24. The first state which adopted the training and visit system of agricultural expansion wasAsked in UPPSC Upper Mains 2015
  25. What is the Minimum Support Price in Rupees per Quintal of Common Paddy announced by the Government of India for Kharif 2016 - 17 season ?Asked in APPSC Group II Prelims 2016