Current Affairs MCQ for UPSC Exams – 07 September 2015

Current Affairs MCQ for UPSC Exams – 7 September 2015

:: Business ::

1. Consider the following statements

1. India is one of the largest producer of oilseeds in the world.
2. The role of the agriculture market is to deliver agricultural produce from the farmer to the wholesalers

Correct statements are

a. 1 only
b. 2 only
c. both
d. none

2. Consider the following statements about agricultural marketing

1. It is single point market system is necessary for facilitating free movement of produce
2. Bringing price stabilization
3. Reducing price differences between the producer and consumer market segments

Incorrect statements are

a. 1 only
b. 2, 3
c. 1.,2,3
d. none

3 . Consider the following statements about E-Choupal -

1. It is the first private sector initiative by the private sector in agricultural marketing
2. It is a business platform consisting of a set of organizational subsystem and interfaces connecting farmers to global markets.
3. The platform is operated by Reliance Infotech

Correct statements are

a. 1,2
b. 2,3
c. 1,3
d. 1,2,3

4. Tribal Co-operative marketing Development Federation of India Ltd (TRIFED) :

1. The basic aim of it was to save tribal’s from exploiting by private traders and offers them remunerative prices for their minor forest produce and surplus agriculture product
2. It is also act as agent of FCI for purchase of wheat and rice
3. It is also agent of agriculture and co-operation department of government for exporting of food grains