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Agriculture Economy Quiz MCQ Practice

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Quiz App / Agriculture Economy Quiz

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1. Agriculture's contribution to India's GDP has, over decades of economic development, generally:

  1. A. Remained exactly constant
  2. B. Became zero
  3. C. Declined as a share, while services/industry grew
  4. D. Increased continuously
Answer: Declined as a share, while services/industry grew
Explanation: Declined as a share, while services/industry grew — verified fact for Agriculture Economy Quiz.
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2. The Minimum Support Price (MSP) mechanism in India is intended to:

  1. A. Control bank interest rates
  2. B. Guarantee farmers a minimum price for specified crops
  3. C. Set export tariffs
  4. D. Fix retail prices in cities
Answer: Guarantee farmers a minimum price for specified crops
Explanation: Guarantee farmers a minimum price for specified crops — verified fact for Agriculture Economy Quiz.
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