Agriculture Current Affairs for Competitive Exam Part - 1

Agriculture Current Affairs

1. Which state has launched the ‘Jai Kisan Rin Mukti Yojana‘?

A. Chhattisgarh

B. Manipur

C. Madhya Pradesh

D. Rajasthan

Madhya Pradesh Chief Minister Kamal Nath launched his government’s Rs 50,000-crore farm debt waiver scheme named ‘Jai Kisan Rin Mukti Yojana’.

(Agriculture Current Affairs)

2. Which Finance Bank (SFB) has announced the launch of ‘KisanSuvidha loan’ for small and marginal farmers?

A. Ujjivan

B. Janalakshmi

C. Equitas

D. Uttkarsh

Ujjivan Small Finance Bank (SFB) has announced the launch of ‘KisanSuvidha loan’ for small and marginal farmers. The collateral-free loans can be used by farmers for both agriculture and allied activities.

Ujjivan has launched the product in Tamil Nadu, West Bengal, Karnataka and Odisha. It provides loans to individuals with an amount ranging from Rs 60,000- Rs 2 lakh.

3. Indian Banking Association (IBA) has marked the advisory recommendations to banks to exempt farmers from processing, documentation, and other various service charges for Kisan Credit Card loans up to Rs. _________ Lakhs?

A. 4 lakh

B. 3 lakh

C. 2 lakh

D. 5 lakh

Indian Banking Association (IBA) has marked the advisory recommendations from banks to exempt farmers from processing, documentation, inspection, ledger folio charge and various service charges for Kisan Credit Card loans upto Rs. 3 Lakhs

Kisan Credit Card aims to provide adequate and timely monetary help from banks to farmers to meet short term credit requirement for agriculture purposes.

(Agriculture Current Affairs)

4. Prime Minister Narendra Modi has launched the Pradhan Mantri Kisan Samman Nidhi scheme under which how much amount will be provided per year to small and marginal farmer families?

A. 5,000

B. 6,000

C. 4,000

D. 3,000

Prime Minister Narendra Modi launched the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Gorakhpur.

PM-KISAN scheme, announced in the interim Budget, released earlier this month will provide Rs 6,000 per year to small and marginal farmer families having combined land holding/ownership of upto 2 hectares. The amount will be given in3 installments of Rs 2,000 each

5. Which bank has acquired 9.9 per cent stake in nonbanking finance company Kisan Finance for cash consideration of Rs 18 crore?

A. Axis Bank

B. Punjab National Bank

C. ICICI Bank

D. Yes Bank

ICICI Bank said it has acquired 9.9 per cent stake in non-banking finance company Kisan Finance for cash consideration of Rs 17.82 crore

Kisan Rural Finance Ltd (Kisan Finance), was incorporated in December 2017

(Agriculture Current Affairs)

6. Who has bagged the 1st prize of DD Mahila Kisan Award for2018-19 ?

A. Swati Shingade

B. Nisha Sarwate

C. Minakshi Apte

D. Anushka Singh

7. Bank of Baroda has signed MoU with how many companies to develop an agriculture digital platform, ‘Baroda Kisan’ that will provide solutions for agricultural requirements?

A. Five

B. Four

C. Six

D. Seven

Bank of Baroda has signed MoU with six companies to develop an agriculture digital platform, ‘Baroda Kisan’ that will provide solutions for agricultural requirements.

The platform aims to solve agricultural plights by providing reliable and customized information, inputs for use, the convenience of renting farm equipment, and market linkage for sale of agriculture produce.

(Agriculture Current Affairs)

8. Government has approved the farmers pension scheme ‘Pradhan Mantri Kisan Pension Yojana’ under which a monthly pension of how much rupee will be given?

A. Rs 2000

B. Rs 3000

C. Rs 1500

D. Rs 2500

Pradhan Mantri Kisan Pension Yojana :

Minimum age to join the scheme- 18

Maximum age – 40

Upon attaining the age of 60, farmers will get a minimum fixed pension of Rs 3000 per month.

Initially, the scheme will cover 5 crore farmers in the first 3 years.

In case of the death of the beneficiary, the spouse will get 50% of the amount.

(Agriculture Current Affairs)

9. Center has directs banks to issue Kisan Credit Cards within which time frame of submitting application?

A. 20 days

B. 1 week

C. 1 month

D. 2 weeks

The central government has asked the banks to issue Kisan Credit Cards (KCC) to eligible farmers within 2 weeks of submitting the application.

Currently, there are 6.95 crores active KCCs, under which crops loans are given at a subsidized interest rate.

(Agriculture Current Affairs)

10. What is the monthly amount that farmers are required to invest under the Pradhan Mantri Kisan Pension Yojana to avail the pension benefit?

A. Rs 150

B. Rs 100

C. Rs 50

D. Rs 200

The Government has announced that farmers will be required to contribute Rs 100 per month under the newly launched Pradhan Mantri Kisan Pension Yojana (PMKPY) for the monthly pension.

(Agriculture Current Affairs)

11. Which state has announced to waive off the Irrigation Tax (Sinchai Kar) for farmers?

A. Madhya Pradesh

B. Rajasthan

C. Chhattisgarh

D. Uttar Pradesh

Chhattisgarh, chief minister Bhupesh Baghel on January 26, 2019 announced that the Irrigation Tax (Sinchai Kar) for farmers in the states till October 2018 will be waived off. This will amount to Rs 207 crore.

This will benefit around 15 lakh farmers and waive of irrigation loans pending from around 15 years.

(Agriculture Current Affairs)

12. Institute of Rural Management Anand (IRMA) has signed an agreement with which exchange company to guide farmer producer organizations(FPOs) and allied institutions?

A. BSE

B. NSE

C. CSE

D. NCDEX

A MoU has been signed between The National Commodity & Derivatives Exchange Ltd (NCDEX) and Institute of Rural Management Anand (IRMA) to guide farmer producer organizations(FPOs) and allied institutions.

They provide their support through training sessions, handholding, and leadership development.

(Agriculture Current Affairs)

13. Which of the following has started National Agricultural Higher Education Project (NAHEP) to attract talent and strengthen higher agricultural education in the country?

A. NABARD

B. National Agricultural Council

C. Ministry of agriculture and farmers welfare

D. Indian Council of Agricultural Research

Indian Council of Agricultural Research (ICAR) launched the National Agricultural Higher Education Project (NAHEP) to attract talent and strengthen higher agricultural education in the country.

It is inaugurated at the fourth Convention of 2-day “Agrivision-2019” organized by Vidyarthi Kalyan Nyas in Pusa, New Delhi.

This project (Rs 1100 crore) is to be funded by the World Bank and the Indian Government on a 50:50 basis.

(Agriculture Current Affairs)

14. To boost liquidity in the farming sector, particularly among small and marginal farmers, the RBI has announced to increase the limit of collateral-free agriculture loans to Rs _____ lakh?

A. 2.5 lakh

B. 1.6 lakh

C. 1.8 lakh

D. 2 lakh

To boost liquidity in the farming sector, particularly among small and marginal farmers, the RBI announced increasing the limit on collateral-free agriculture loans to Rs 1.6 lakh from Rs 1 lakh.

This will enhance coverage of small and marginal farmers in the formal credit system.

In 2010, the collateral-free limit for crop loans and term loans was hiked from Rs 50,000 to Rs 1 lakh.

(Agriculture Current Affairs)

15. Ministry of Agriculture and Farmers Welfare has issued Categorization of farmers in agriculture census. Agriculture census is conducted in every ____ years?

A. Four years

B. Three years

C. Ten years

D. Five years

Ministry of Agriculture and Farmers Welfare Issued Categorization of farmers in agriculture census.

Agriculture census was held at 2015-16 which is conducted in every five years.

(Agriculture Current Affairs)

16. Which of the following states has launched the Annadata Sukhibhava scheme 2019 for farmers?

A. Karnataka

B. Odisha

C. Andhra Pradesh

D. Tamil Nadu

Andhra Pradesh Government has announced a scheme Annadata Sukhibhava scheme 2019 for its farmers under which Rs 9000(per year) each to the farmers with less than 5 acres will be given.

This is in addition to the Rs 6,000 announced by the Central Government under the PM-Kisan Scheme.

Farmers having land more than 5 acres, will be given Rs 10,000 per year.

(Agriculture Current Affairs)

17. Which two countries have lodged formal complaint against India in World Trade Organisation (WTO), alleging that India’s continued sugar subsidies to farmers have led to “glut” and “depressed” global prices?

A. Spain, Australia

B. Sweden, England

C. Brazil, Australia

D. Argentina, Brazil

According to Brazil and Australia, India’s sugar subsidy regime was inconsistent with WTO rules and had helped create glut in global sugar market. It Is hurting sugarcane growers and sugar millers in Australia, Brazil or other countries. It is not consistent with WTO rules and does not provide level playing field.

(Agriculture Current Affairs)

18. To provide short-term crop loans up to Rs 3 lakh to farmers at an interest rate of 7 per cent, the RBI has decided to offer interest subvention of what per cent per annum to lending institutions?

A. 3 %

B. 2.5 %

C. 2 %

D. 1.5%

RBI notifies 2% interest subsidy scheme for short-term crop loans

To provide short-term crop loans up to Rs 3 lakh to farmers at an interest rate of 7 per cent, the RBI said it has been decided to offer interest subvention of 2 per cent per annum to lending institutions.

Under the scheme, an additional 2 per cent interest subvention is provided to farmers repaying loans promptly. For such farmers, the effective rate of short-term crop loans works out to be 4 per cent per annum.

(Agriculture Current Affairs)

19. Which company has sued four Indian farmers for cultivating a potato variety that the snack food and drinks maker claims infringes its patent?

A. PepsiCo

B. Parle Agro

C. ITC Limited

D. HUL

PepsiCo sued potato farmers in Gujarat for Rs 1.05 crore each over patent infringement.

The corporate giant has claimed that the farmers are cultivating their proprietary FC5 potatoes without permission.

This variety of potatoes is designed to be low in moisture and sugar content compared to other spuds, and is used for making the trademark product: Lay’s.

(Agriculture Current Affairs)

20. KVIC has distributed more than one lakh beeboxes among farmers and unemployed youths across India in less two years under which mission?

A. Sweet Revolution

B. Honey Mission

C. Banas Honey Project

D. Bee Mission

The Khadi and Village Industries Commission (KVIC) distributed more than one lakh beeboxes among farmers and unemployed youths across India in less two years under its ‘Honey Mission’ initiative.

This is the first time such mass scale distribution of honey bee boxes has taken place in country.

About Honey Mission

It was launched in August 2017 in line with PM Narendra Modi’s call for ‘Sweet Revolution’ (revolution in production of honey to increase its production) in 2016 while introducing Banas Honey project at Deesa in Gujarat.

(Agriculture Current Affairs)

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