(OR WT 3) Pr ne ese @® http://www.agricoaching.in/course/pdf/19/209 1. In the Union Budget 2018-19, the government has made an important announcement regarding the MSP of the Kharif Crops. The MSP for all unannounced kharif crops would be atleast how many times the production cost? {a] 1.5 times {b] 2 times [c] 2.5 times {d] 1 time e] 3 times This historic decision would prove an important step towards doubling the income of our farmers and NITI Aayog in consultation with Central and State Governments will put in place a fool proof mechanism so that farmers will get adequate price for their produce, How is it different from the Procurement Price? Sometimes, the government procures at a higher price than the MSP. Here, the price will be referred as procurement price. The procurement price will be announced soon after the harvest. The price at which the procured and buffer stocked food grains are provided through the PDS is called as issue price. A counterpart of the MSP is the Market Intervention Scheme (MIS), under which the state government procures perishable commodities like vegetable items. 2. In the Union Budget 2018-19, the government has announced to increase the institutional credit for agriculture sector to how much for the year 2018-19 from Rs.10 lakh crore in 2017-18? [a] Rs.12 lakh crore [b] Rs.11.5 lakh crore [c] Rs.12.5 lakh crore [d] Rs.11 lakh crore [e] Rs.10.5 lakh crore The volume of institutional credit for agriculture sector from year-to- year has increased from Rs.8.5 lakh crore in 2014-15 to Rs.10 lakhOS 3 O eae ee oe @® http://www.agricoaching.in/course/pdf/19/209 2. In the Union Budget 2018-19, the government has announced to increase the institutional credit for agriculture sector to how much for the year 2018-19 from Rs.10 lakh crore in 2017-18? [a] Rs.12 lakh crore [b] Rs.11.5 lakh crore [c] Rs.12.5 lakh crore [d] Rs.11 lakh crore [e] Rs.10.5 lakh crore The volume of institutional credit for agriculture sector from year-to- year has increased from Rs.8.5 lakh crore in 2014-15 to Rs.10 lakh crore in 2017-18 and the government has proposed to raise this to Rs.11 lakh crore for the year 2018-19. 3. The setting up of two new funds ‘Fisheries and Aquaculture Infrastructure Development Fund (FAIDF) for fisheries sector and an Animal Husbandry Infrastructure Development Fund (AHIDF) for financing infrastructure requirement of animal husbandry sector’ has been announced in the Budget 2018-19. What is the total corpus of the two new funds? [a] Rs.11,000 crore [b] Rs.12,000 crore [c] Rs.10,000 crore [d] Rs.9,000 crore [e] Rs.15,000 crore Total Corpus of these two new Funds would be Rs. 10,000 crore. What are the other announcements that would help the fisheries and the animal husbandry sector? In order to help the small and marginal farmers in fisheries and animal husbandry sector meet their working capital needs, the government has extended the facility of Kisan Credit Cards (KCC) to the sector.QSS55O eae coe @® http://www.agricoaching.in/course/pdf/19/209 4. In the Union Budget 2018-19, the government has announced the launch of a ‘Restructured National Bamboo Mission’, which Is based on a cluster- based approach to address the complete bamboo value chain and promote bamboo sector in a holistic manner. What has been the outlay for this scheme? [a] Rs.1378 Crore [b] Rs.1290 Crore [c] Rs.1678 Crore [d] Rs.1190 Crore [e] Rs.1890 Crore ‘The government has called Bamboo as “Green Gold’ and announced the launch of the Rs.1290- crore Restructured National Bamboo Mission, which is based on a cluster-based approach to address the complete bamboo value chain and promote bamboo sector in a holistic manner. The Indian Forest (Amendment) Bill, 2017 The Bills replaces the Indian Forest (Amendment) Ordinance, 2017 and amends the Indian Forest Act, 1927. Exempts bamboo grown in non-forest areas from the definition of tree. will dispense with the requirement of felling/transit permit for its will help promotion of cultivation of bamboo in non-forest areas will help increase the agricultural income of farmers and tribals, especially in North East and Central India will enhance green cover 5. In the Union Budget 2018-19, the government has announced the launching of ‘Operation Greens’ to address price volatility of perishable commodities like potatoes, tomatoes and onion. What is the outlay of this scheme? [a] Rs.250 Crore [b] Rs.300 Crore [c] Rs.450 Crore [d] Rs.500 Crore [e] Rs.550 Crore Ans: 500 Crores