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Question : Statement 1: The Minimum Support Price (MSP) is determined by considering factors such as input costs and market conditions.

Statement 2: The MSP applies to all agricultural crops grown in India.

Option 1: Both statements are true.
 

Option 2: Both statements are false.
   

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

 

Option 4: Statement 1 is false, and statement 2 is true.

Team Careers360 17th Jan, 2024

Correct Answer: Both statements are true.
 


Solution : The correct option is (a) Both statements are true.

Statement 1 is true. The government determines the MSP for various agricultural crops in India by considering factors such as production costs, input costs, market conditions, demand and supply dynamics, and the overall

25 Views

Question : Statement 1: Disguised unemployment is more prevalent in the agricultural sector compared to the industrial sector.

Statement 2: Seasonal unemployment is a significant issue in rural areas of India.

Option 1: Both statements are true.

Option 2: Both statements are false.

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

Option 4: Statement 1 is false, statement 2 is true.

Team Careers360 16th Jan, 2024

Correct Answer: Both statements are true.


Solution : The correct answer is (a) Both statements are true.

Statement 1 is true. Disguised unemployment refers to a situation where there are more workers engaged in a task or occupation than necessary. In the agricultural sector, it is often observed that a

13 Views

Question : Which of the following is an example of technological progress contributing to human capital formation?

 

Option 1: The automation of manual labor tasks

Option 2: The depletion of natural resources

Option 3: The expansion of the agricultural sector

Option 4: The decrease in educational attainment levels

Team Careers360 17th Jan, 2024

Correct Answer: The automation of manual labor tasks


Solution : The correct answer is (a) The automation of manual labor tasks.

Technological progress plays a significant role in human capital formation by contributing to the development and enhancement of skills, knowledge, and productivity. The automation of manual labor tasks through

12 Views

Question : Punjab National Bank has been honoured with the Golden Peace Award 2002 for excellence in:

 

Option 1: agricultural finance

Option 2: rural industrialization

Option 3: housing development

Option 4: corporate excellence

Team Careers360 19th Jan, 2024

Correct Answer: corporate excellence


Solution : Correct Answer is corporate excellence

On May 19, 1894, Lala Lajpat Rai founded the Punjab National Bank, the first fully Indian bank in the public sector of India. New Delhi serves as the current headquarters for Punjab National Bank. The Golden Peacock Award, which

23 Views

Question : Raja Parba festival of Odisha is the living cultural heritage and agricultural way of life. It is held for three days in the month of_____.

Option 1: July

Option 2: June

Option 3: September

Option 4: August

Team Careers360 23rd Jan, 2024

Correct Answer: June


Solution : The correct answer is June.

In Odisha, Raja Parba, also called Mithun Sankranti, is a three-day celebration that is lavishly and fervently observed. June 14 is when it begins and concludes on June 16, 2023. The celebration is devoted to praising womanhood and paying

6 Views

Question : What was the impact of the Green Revolution on the employment pattern in Indian agriculture?

 

Option 1: It increased employment opportunities in rural areas.

Option 2: It led to a shift from agricultural to non-agricultural employment.

Option 3: It reduced the demand for labor due to mechanization.

Option 4: It created equal employment opportunities for men and women.

Team Careers360 24th Jan, 2024

Correct Answer: It reduced the demand for labor due to mechanization.


Solution : The impact of the Green Revolution on the employment pattern in Indian agriculture was a reduction in the demand for labor due to mechanization and the use of high-yielding variety seeds, which required less manual labor compared

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