Government Schemes MCQ for RBI Grade B

Dear aspirants,
We are presenting you the Government Schemes MCQ for RBI Grade B from Economic and Social Issues Section of the exam. This quiz is also useful for other exams like IBPS and SBI PO/Clerk, RRB PO/Clerk, NABARD Grade A and B, LIC AAO and various other exams. Also do check the answers given at the end of the MCQs.

Government Schemes MCQ

Q1. Which of the following is/are true about Pradhan Mantri Fasal Bima Yojana?
a) It was launched on 18th February 2016 to provide insurance coverage to farmers in the event of crop failure
b) The farmer has to pay 2% of premium for Kharif crops
c) The farmer has to pay 1.5% of premium for rabi crops
d) The farmer has to pay 5% of annual premium for commercial and horticulture crops
Select the correct answer from following options:

  1. Only a, b and c
  2. Only a, b and d
  3. Only b, c and d
  4. All are correct

Q2. Which out the following scheme has not been subsumed into Pradhan Mantri Krishi Sinchai Yojana?

  1. Crop insurance component of PMFBY
  2. Accelerated Irrigation Benefit Programme
  3. Integrated Watershed Management Programme
  4. Farm water management componentof the National Mission on Sustainable Agriculture

Q3. Who has supported the Neeranchal National Watershed Project to improve watershed management programme?

  1. IMF
  2. World Bank
  3. FAO
  4. ADB

Q4. Which of the following is/are true about Paramparagat Krishi Vikas Yojana (PMKY)?
a) The scheme was launched to promote organic farming
b) During three years 100,000 clusters will be formed
c) Fifty or more farmers will form a cluster having 50 acre land to take up the organic farming
d) Every farmer will be provided Rs. 20,000 per acre in three years for seed to harvesting of crops and to transport produce to the market.
Select the correct answer from following options:

  1. Only a and b
  2. Only a, b and c
  3. Only a, c and d
  4. All are correct
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Q5. Which of the following is/are true about National Agriculture Market (e-NAM)?
a) It is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities
b) As on October 2017, about 470 Mandis across 14 states have been intergrated with e-NAM
c) The government provides grant as one time fixed cost subject to the ceiling of Rs.30.00 lakhs per Mandi
d) All 500 APMC will be covered under the scheme.
Select the correct answer from following options:

  1. Only a and b
  2. Only a, b and c
  3. Only a, c and d
  4. All are correct

Q6. Which of the following is/are true about Soil Health Card (SHC) Scheme?
a) It is promoted by Department of Agriculture & Co-operation under the Ministry of Agriculture and Farmers’ Welfare
b) A farm will get the soil card once in every 3 years
c) It will contain the status of his soil with respect to 12 parameters,
d) The scheme was launched in 2015 to provide a report card of soil health to farmers
Select the correct answer from following options:

  1. Only a and c
  2. Only b, c and d
  3. Only a, c and d
  4. All are correct

Q7. Which of the following is/are true about Kisan Credit Card (KCC) Scheme?
a) The scheme was first introduced in 1998
b) The MUDRA coverage must be taken for KCC limit upto Rs 10 lacs
c) It aims at providing adequate and timely credit support from the banking system to the farmers for their cultivation and other needs.
d) For KCC limit upto Rs00 lakh banks are to waive margin/security requirements
Select the correct answer from following options:

  1. Only a, c and d
  2. Only b, c and d
  3. Only a, b and d
  4. All are correct

Q8. Who is the Nodal agency to implement the Dairy Entrepreneurship Scheme (DEDS)?

  1. NAFED
  2. NABARD
  3. HAFED
  4. Ministry of Agriculture & Farmers’ Welfare

Q9. What fish production target has been set by government to achieve by 2019-2020 under Integrated Development and Management of Fisheries?

  1. 125 lakh tonne
  2. 140 lakh tonne
  3. 150 lakh tonne
  4. 175 lakh tonne

Q10. Which of the following is/are true about Interest Subvention Scheme?
a) The scheme was first introduced in 2006-07
b) The farmers can avail concessional crop loans of upto Rs.3 lakh at 7% rate of interest
c) An additional subvention of 3% is extended to farmer if he makes Prompt Repayment
d) The scheme is implemented by NABARD and RBI
Select the correct answer from following options:

  1. Only a and d
  2. Only b, c and d
  3. Only a, b and c
  4. All are correct

Answers

  1. 4
    PMFBY was launched on 18th February 2016 to provide insurance coverage to farmers in the event of crop failure by replacing all existing insurance schemes except the Restructured Weather-Based Crop Insurance Scheme. Under the scheme, the farmer has only to pay 2% of premium for Kharif crops and 1.5% premium for rabi crops. He has to pay 5% of annual premium for commercial and horticulture crops. The balance premium will be paid by the Government to provide full insured amount to the farmers against crop loss on account of natural calamities
  2. 1
    Pradhan Mantri Krishi Sinchai Yojana has subsumed three existing scheme i.e. Accelerated Irrigation Benefit Programme (AIBP) of Ministry of Water Resources, River Development & Ganga Rejuvenation. 2. Integrated Watershed Management Programme of the Ministry of Rural Development and 3. Farm water management component of the National Mission on Sustainable Agriculture
  3. 2
  4. 3
    In order to promote organic farming, the government has started the Paramparagat Krishi Vikas Yojana (PKVY). Under the scheme, the group of Fifty or more farmers will be motivated to form a cluster having 50 acre land to take up the organic farming. In this way during three years 10,000 clusters will be formed covering 5.0 lakh acre area under organic farming. Every farmer will be provided Rs. 20,000 per acre in three years for seed to harvesting of crops and to transport produce to the market.
  5. 2
    e-NAM is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities. Under the scheme all 585 APMC mandis will be covered. As on October 2017, about 470 Mandis across 14 states have been intergrated with e-NAM. The government will provide the software free of cost to the states and a grant of up to Rs. 30 lakhs per mandi will be given for related equipment and infrastructure requirements
  6. 4
    Soil Health Card (SHC) is a Government of India’s scheme promoted by the Department of Agriculture & Co-operation under the Ministry of Agriculture and Farmers’ Welfare. A Soil Health Card is used to assess the current status of soil health and, when used over time, to determine changes in soil health that are affected by land management. Under the scheme, A farm will get the soil card once in every 3 years. It is a printed report that a farmer will be handed over for each of his holdings. It will contain the status of his soil with respect to 12 parameters, namely N,P,K (Macro-nutrients); S (Secondary- nutrient); Zn, Fe, Cu, Mn, Bo (Micro – nutrients); and pH, EC, OC (Physical parameters)
  7. 1
    The Kisan Credit Card (KCC) scheme was introduced in 1998 for issue of Kisan Credit Cards to farmers on the basis of their holdings for uniform adoption by the banks so that farmers may use them to readily purchase agriculture inputs such as seeds, fertilizers, pesticides etc. and draw cash for their production needs. The Kisan Credit Card scheme aims at providing adequate and timely credit support from the banking system under a single window with flexible and simplified procedure to the farmers for their cultivation and other needs. For KCC limit upto Rs1 lakh banks are to waive margin/security requirements and hypothecating the crop as security.
  8. 2
    NABARD is the nodal agency to implement the Dairy Entrepreneurship Development Scheme (DEDS)
  9. 4
    Under the scheme, it has been targeted to enhance the fish production from 107.95 lakh tonnes in 2015-16 to about 150 lakh tonnes by the end of the financial year 2019-20
  10. 4
    Read what is Interest Subvention Scheme for complete details about the scheme.

We hope you like the Government Schemes MCQ. You may also like to read following MCQs for RBI Grade B exam: 

Click to go to RBI Grade B Preparation Page  | Click to read more such quizzes

Tags: Government Schemes MCQ for RBI Grade B, Government Schemes questions for RBI Grade B, Government Schemes MCQ, Government Schemes MCQ for RBI Grade B ESI section, Government Schemes MCQ for RBI mains, RBI Grade B Government Schemes MCQ 

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