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Question : Which institution in India provides long-term credit to farmers for agricultural activities?

Option 1: National Bank for Agriculture and Rural Development (NABARD)
 

Option 2: Reserve Bank of India (RBI)
  

Option 3: Agricultural Insurance Corporation of India (AIC)

 

Option 4: Small Industries Development Bank of India (SIDBI)

Team Careers360 19th Jan, 2024

Correct Answer: National Bank for Agriculture and Rural Development (NABARD)
 


Solution : The correct answer is (a) National Bank for Agriculture and Rural Development (NABARD).

NABARD is a specialized development bank in India that focuses on the agricultural and rural sectors. It provides long-term credit to farmers for various agricultural

14 Views

Question : What was a significant consequence of the partition for Punjab's agriculture?

Option 1: Improved irrigation systems

Option 2: Introduction of new crops

Option 3: Disruption of agricultural practices

Option 4: Increased agricultural exports

Team Careers360 24th Jan, 2024

Correct Answer: Disruption of agricultural practices


Solution : Correct Option: 3
Explanation: A significant consequence of the partition for Punjab's agriculture was the disruption of agricultural practices. The partition led to the division of land, displacement of farmers, and loss of agricultural resources, which had a profound impact on the

14 Views

Question : What type of products ,does CACP recommend minimum support price for?

Option 1: industrial products

Option 2: Agricultural products

Option 3: pharmaceutical products

Option 4: None of the above

Team Careers360 25th Jan, 2024

Correct Answer: Agricultural products


Solution : The correct option is Agricultural products.

 

The Commission for Agricultural Costs and Prices (CACP) operates as an independent entity within India's Ministry of Agriculture and Farmers Welfare, tasked with the crucial role of proposing minimum support prices (MSPs) for a range of vital agricultural

9 Views

Question : Statement 1: Successful entrepreneurs not only create wealth for themselves but also contribute to the economic development of the nation.

Statement 2: The Make in India initiative aims to boost agricultural activities in the country.

Option 1: Both statements are true.
 

Option 2: Statement 1 is true, but statement 2 is false.
 

Option 3: Statement 2 is true, but statement 1 is false.

 

Option 4: Both statements are false.

Team Careers360 23rd Jan, 2024

Correct Answer: Statement 1 is true, but statement 2 is false.
 


Solution : The correct answer is b) Statement 1 is true, but statement 2 is false.

Statement 1 is accurate. Successful entrepreneurs often contribute to the economic development of the nation by creating wealth, generating employment, and fostering innovation.

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