Self-Employment Promotion Initiatives Quiz

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Questions and Answers

What was the original name of the scheme that was restructured into the current initiative for promoting self-employment?

  • National Rural Livelihood Mission
  • Swarnjayanti Gram Swarozgar Yojana (correct)
  • Rural Women Empowerment Program
  • Self-Help Group Initiative

What is the funding pattern for most states under the self-employment promotion scheme?

  • 50:50
  • 100:0
  • 70:30
  • 60:40 (correct)

Which group is NOT specifically mentioned as a focus for coverage in the poverty alleviation initiative?

  • Scheduled Castes
  • Women Entrepreneurs (correct)
  • Persons with Disabilities
  • Scheduled Tribes

What amount is provided as a Revolving Fund per Self Help Group?

<p>₹20,000-30,000 (D)</p> Signup and view all the answers

What is the main objective of the Pradhan Mantri Matsya Sampada Yojana (PMMSY)?

<p>Reforming the fisheries sector (B)</p> Signup and view all the answers

What was the additional amount approved for the fisheries sector under the PMMSY?

<p>Rs 6,000 crore (B)</p> Signup and view all the answers

What is one advantage of the Minimum Support Price (MSP)?

<p>It serves as a benchmark for the open market. (B)</p> Signup and view all the answers

Which of the following is included in Cost A2?

<p>Out-of-pocket expenses for inputs (D)</p> Signup and view all the answers

Which aspect is NOT a core component of the self-employment promotion scheme?

<p>Financial support for education (B)</p> Signup and view all the answers

When was the Pradhan Mantri Matsya Sampada Yojana launched?

<p>2020 (A)</p> Signup and view all the answers

How does MSP support farmers during distress selling?

<p>By offering price support. (A)</p> Signup and view all the answers

What does the term 'FRP' refer to in agriculture?

<p>Fair and Remunerative Price for sugarcane (B)</p> Signup and view all the answers

What is the proposed formula for setting MSP according to Dr. M.S. Swaminathan?

<p>1.5(A2+FL) (C)</p> Signup and view all the answers

Which of the following outlines a component that is NOT included in Cost C2?

<p>Family labor (C)</p> Signup and view all the answers

Why is maintaining a buffer stock important?

<p>To stabilize prices and support farmers. (D)</p> Signup and view all the answers

What does the term 'Garib Kalyan Yojana' relate to?

<p>A government welfare scheme (A)</p> Signup and view all the answers

What is the aim of the Pradhan Mantri Fasal Bima Yojana (PMFBY)?

<p>To provide comprehensive insurance cover against crop failure (D)</p> Signup and view all the answers

What is the maximum premium rate payable by farmers for Kharif crops?

<p>2% (A)</p> Signup and view all the answers

How is the cost sharing structured between the Centre and State for PMFBY?

<p>50:50 by Centre &amp; State (A)</p> Signup and view all the answers

What innovative technology was recently introduced as part of PMFBY to enhance transparency?

<p>Yield Estimation System based on Technology (YES-Tech) (B)</p> Signup and view all the answers

What percentage of the premium is payable by farmers for annual commercial and horticulture crops under PMFBY?

<p>5% (D)</p> Signup and view all the answers

Which initiative was organized for distributing crop insurance policy receipts to farmers?

<p>Meri Policy Mere Haath (B)</p> Signup and view all the answers

What is the coverage for prevented sowing or germination risk under PMFBY?

<p>Up to 25% of the insured amount (B)</p> Signup and view all the answers

As of 2023-24, what is the budget allocation for PMFBY?

<p>13,625 Crore (D)</p> Signup and view all the answers

What is the net sown area of India as a percentage of its total geographical area?

<p>42.4% (C)</p> Signup and view all the answers

What is the gross sown area of the country?

<p>200.2 million hectares (C)</p> Signup and view all the answers

What is the cropping intensity of India?

<p>143.6% (D)</p> Signup and view all the answers

What percentage of rural households were engaged in agriculture in 2022-23?

<p>58.3% (B)</p> Signup and view all the answers

How much area is designated as waste land in India?

<p>55.7 million hectares (A)</p> Signup and view all the answers

What is the share of Gross Value Added (GVA) of agriculture and allied sectors in the total economy for 2022-23?

<p>18.3% (D)</p> Signup and view all the answers

What is the net irrigated area in India according to the latest data?

<p>68.64 million hectares (D)</p> Signup and view all the answers

What is the total geographical area (TGA) of the country?

<p>329 million hectares (D)</p> Signup and view all the answers

What is the maximum premium share that a farmer is required to pay for Kharif crops under the PMFBY guidelines?

<p>2% (D)</p> Signup and view all the answers

Which organization is responsible for the AGMARK certification in India?

<p>Directorate of Marketing and Inspection (C)</p> Signup and view all the answers

What is the purpose of the Agricultural and Processed Food Products Export Development Authority (APEDA)?

<p>Export promotion of agricultural and processed food products (B)</p> Signup and view all the answers

As of now, how many Agri-Export Zones exist in India?

<p>60 (B)</p> Signup and view all the answers

What is the effective region for AGMARK certification?

<p>India (B)</p> Signup and view all the answers

What was APEDA's predecessor organization?

<p>Processed Food Export Promotion Council (B)</p> Signup and view all the answers

When was AGMARK established?

<p>1986 (C)</p> Signup and view all the answers

What percentage of global pesticide consumption does India account for?

<p>1.7% (B)</p> Signup and view all the answers

On which date is World Wetland Day celebrated?

<p>2 February (D)</p> Signup and view all the answers

What is the date for World Coffee Day?

<p>1 October (B)</p> Signup and view all the answers

Which important day takes place on 8 March?

<p>International Women's Day (A)</p> Signup and view all the answers

Which day is designated as National Nutrition Week?

<p>1-7 September (A)</p> Signup and view all the answers

What is celebrated on 15 March?

<p>World Consumer Day (C)</p> Signup and view all the answers

When do we observe World Egg Day?

<p>Last Saturday of October (C)</p> Signup and view all the answers

Which event occurs on 21 November?

<p>World Fish Day (B)</p> Signup and view all the answers

What day is celebrated on 22 April?

<p>World Earth Day (A)</p> Signup and view all the answers

Which day is commemorated as International Day for the Eradication of Poverty?

<p>17 October (C)</p> Signup and view all the answers

When is National Agriculture Education Day celebrated?

<p>3 December (C)</p> Signup and view all the answers

Flashcards

Gross Sown Area (GSA)

The total land area of a country used for agriculture, including both cultivated and fallow land.

Net Sown Area (NSA)

The total area of land actually sown with crops in a year.

Cropping Intensity

The ratio of GSA to NSA, indicating how intensively land is used for cultivation.

Waste Land

Land that is not currently used for agriculture, including barren and waste land.

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Net Irrigated Area

Land that is irrigated using artificial means, like canals or wells.

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Gross Value Added (GVA) of Agriculture

The contribution of the agricultural sector to the national economy in terms of value added.

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Percentage of Rural Households Engaged in Agriculture

The proportion of rural households that participate in agricultural activities.

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Agriculture Workforce

The measure of how many people in a nation are involved in agriculture.

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Minimum Support Price (MSP)

The price guaranteed by the government to farmers for their produce, ensuring they receive a minimum income even if market prices are low.

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Cost of Production (CoP)

A calculation that reflects the actual costs incurred by a farmer in producing a crop, including expenses for things like seeds, fertilizer, and labor.

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Cost A2

The cost a farmer incurs for inputs like seeds, fertilizers, pesticides, hired labor, and machinery or leased land.

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Cost A2 + FL

Cost A2 with the addition of the value of family labor, reflecting the farmer's own time and effort.

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Cost C2

A comprehensive cost calculated by adding family labor costs, rent of owned land, and interest on owned capital.

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Swaminathan's Recommendation

Dr. M.S. Swaminathan suggested setting the MSP at 1.5 times the Cost of Production (CoP) to ensure farmers' income.

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Current MSP Formula

The current method used to calculate the Minimum Support Price (MSP) is by multiplying the cost of production (A2 + FL) by 1.5.

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Suggested MSP Formula

An alternative formula by Dr. M.S. Swaminathan suggests multiplying the comprehensive cost of production (C2) by 1.5 to calculate the MSP.

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What is PMFBY?

A government scheme in India focused on providing financial protection to farmers against crop losses due to natural calamities, helping to stabilize their income.

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What is the purpose of PMFBY?

The Pradhan Mantri Fasal Bima Yojana (PMFBY) is a crop insurance scheme covering losses caused by natural calamities like droughts or floods, benefiting farmers by safeguarding their income.

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What is the aim of the 'Stand-Up India Scheme'?

A government program aimed at promoting self-employment and organizing rural poor into Self-Help Groups (SHGs) for sustainable livelihoods.

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Who funds PMFBY?

The scheme is funded by a joint contribution from the central and state governments, with varying percentages depending on the region.

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What is the coverage focus of the Stand-Up India Scheme?

The Stand-Up India Scheme aims to ensure that 50% of beneficiaries are from Scheduled Castes or Scheduled Tribes, 15% are minorities, and 3% have disabilities.

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Who implements PMFBY?

The scheme involves a collaborative effort between the central government and state governments, ensuring participation and implementation across the country.

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What crops does PMFBY cover?

The scheme covers various types of crops, including cereals, pulses, and oilseeds, offering protection based on the crop season.

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What financial support does the Stand-Up India Scheme offer?

The Stand-Up India Scheme provides a revolving fund of ₹20,000-30,000 per Self Help Group and a Community Investment Fund of up to ₹2.5 lakh per SHG.

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How is PMFBY made transparent?

The scheme is designed to be transparent and efficient, using technology to track information and enable real-time data collection.

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What is the aim of the PMMSY Scheme?

The Pradhan Mantri Matsya Sampada Yojana, launched in 2020, aims to modernize and improve the fisheries sector in India.

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How do farmers get PMFBY policies?

Farmers can avail insurance policies directly at their doorstep, making it easy to enroll and participate in the scheme.

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Who launched the PMMSY Scheme and what is its objective?

The PMMSY Scheme was launched by the Department of Fisheries (MoFAH&D) and aims to create a sustainable and inclusive fishing sector in India.

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What was recently approved under the PMMSY Scheme?

The Indian government recently approved a ₹6,000 crore sub-scheme under the PMMSY to formalize the largely unorganized fisheries sector in the country.

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How is risk shared in PMFBY?

The scheme is based on a shared risk approach, where both the farmer and the government share the premium cost.

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What is the significance of the recent launch of the 'Matsya Sampada Jagrukta Abhiyan'?

The PMMSY Scheme has been implemented for three years and has brought about positive changes in the Indian fisheries sector.

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What is the overall goal of the PMMSY Scheme?

The PMMSY Scheme aims to ensure that all aspects of the fishing sector are considered, including environmental sustainability, economic viability, and social inclusion.

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What is AGMARK?

A certification mark for agricultural produce, ensuring they meet specified quality standards set by the Directorate of Marketing & Inspection (DMI) under the Agricultural Produce (Grading Marking) Act, 1937.

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What is APEDA?

The nodal agency in India responsible for coordinating agricultural export efforts, with a focus on promoting processed food products. It oversees the development of Agri-Export Zones and MEGA Food Parks.

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What does APEDA stand for?

APEDA stands for Agricultural and Processed Food Products Export Development Authority.

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What are the premium share caps for farmers under the PMFBY?

The PMFBY (Pradhan Mantri Fasal Bima Yojana) scheme caps the premium contribution of farmers based on crop type. For Kharif crops, the cap is 2%, for Rabi crops, it's 1.5%, and for commercial/horticultural crops, it's 5%. This aims to make agricultural insurance more accessible.

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What is India's share of global cropped area and pesticide consumption?

India's share of the global cropped area is 4%, while its share of global pesticide consumption is only 1.7%. This indicates that India's agriculture sector is relatively efficient in its use of pesticides.

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Who was the predecessor to APEDA?

The Processed Food Export Promotion Council (PFEPC) was the predecessor to APEDA.

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What is the significance of the PMFBY in terms of farmer applications?

The PMFBY scheme was the world's largest in terms of the number of farmers insured. It provides financial protection to farmers against crop losses due to natural calamities.

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What is the PMFBY?

The PMFBY is a government-led initiative that aims to provide insurance coverage to farmers against crop losses due to natural calamities.

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Study Notes

IBPS-AFO 2025 Study Notes

  • The publication is for the IBPS-AFO 2025 exam.
  • It covers pedon master notes, current agricultural schemes, and government schemes.
  • Information includes agricultural schemes in news, fertilizer schemes, minor irrigation schemes, food storage, NABARD, SHGs, the Lakhpati Didi scheme, the IBPS-AFO/FCI 2025 exam, and the estimated production of major crops during 2022-23.
  • Top 5 rice-producing states in India are detailed, with figures for production in 2022.
  • Total geographical area statistics for India exist.
  • Soil Health Card (SHC) Scheme is discussed.
  • Modified Interest Subvention Scheme (MISS) for short-term agricultural loans is highlighted.
  • National Agriculture Market (e-NAM) is a pan-India electronic trading portal.
  • Agriculture infrastructure fund (AIF) scheme components and features are described.
  • Facts about millets are discussed.
  • Important dates in agriculture are listed.
  • A list of crops and their top-producing states.
  • Important organizations in agriculture are listed.
  • A list of ICAR directorates and project directorates.
  • Information on the Pradhan Mantri Kisan Samman Nidhi Scheme (PM-KISAN).
  • Information on the Jal Jeevan Mission (JJM).
  • Information on the Atal Bhujal Yojana.
  • Information on Pradhan Mantri Matsya Sampada Yojana (PMMSY).
  • Information on the Minimum Support Price (MSP).
  • Various methods of calculation in agriculture economics.

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