Which of the following is a major problem of the agricultural sector in India? MCQ with Answer and Explanation

Which of the following is a major problem of the agricultural sector in India?
A. Fragmentation of land holdings
B. Overabundance of irrigation facilities
C. Excessive capital intensity
D. High productivity across all regions
Answer: Option A
Solution (By JKSSB Mock Tests)
Fragmentation and subdivision of land holdings is a major structural problem in Indian agriculture, leading to uneconomic farm sizes and low productivity.

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Practice More Economy Set 1 Questions

Question #1
The World Trade Organization came into existence in which year?
A. 2001
B. 1947
C. 1995
D. 1944

Correct Answer: Option C


Explanation:
The WTO was established in 1995, replacing GATT.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on agricultural implements is:
A. 18%
B. 12%
C. 0%
D. 5%

Correct Answer: Option D


Explanation:
Agricultural implements generally attract 5% GST, with some exemptions.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Composition Scheme' under GST is available to small taxpayers with turnover up to:
A. Rs 10 crore
B. Rs 5 crore
C. Rs 50 lakh
D. Rs 1.5 crore

Correct Answer: Option D


Explanation:
The composition scheme is available to taxpayers with annual turnover up to Rs 1.5 crore.

This question belongs to: Economy GK Economy Set 1