UPSC PYQPrelims 2020

Civil Services Examination · Question 61

In India, which of the following can be considered as public investment in agriculture? 1. Fixing Minimum Support Price for agricultural produce of all crops 2. Computerization of Primary Agricultural Credit Societies 3. Social Capital development 4. Free electricity supply to farmers 5. Waiver of agricultural loans by the banking system 6. Setting up of cold storage facilities by the governments Select the correct answer using the code given below:

  1. 1, 2 and 5 only
  2. 1, 3, 4 and 5 only
  3. 2, 3 and 6 only
  4. 1, 2, 3, 4, 5 and 6
Show answer & explanation

Answer: (C) 2, 3 and 6 only

Explanation

Public investment creates capital assets: PACS computerisation, social capital and cold storage. MSP, free power and loan waivers are subsidies/transfers, not investment.