Which of the following regarding Revised Macro Management of Agriculture Scheme (2008-2009) is/arc correct? 1. Allocate funds to States and Union Territories on a criterion based on gross cropped area and area under small and marginal holdings. 2. The ass

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Q: 38 (NDA-II/2009)

Which of the following regarding Revised Macro Management of Agriculture Scheme (2008-2009) is/arc correct?
1. Allocate funds to States and Union Territories on a criterion based on gross cropped area and area under small and marginal holdings.
2. The assistance is provided to the States and Union Territories as 100% grant.
Select the correct answer using the code given below : Code:

question_subject: 

Economics

question_exam: 

NDA-II

stats: 

0,9,5,3,0,9,2

keywords: 

{'agriculture scheme': [0, 0, 1, 0], 'revised macro management': [0, 0, 1, 0], 'union territories': [1, 0, 1, 1], 'marginal holdings': [0, 0, 1, 0], 'allocate funds': [0, 0, 1, 0], 'arc': [1, 0, 2, 2], 'gross cropped area': [1, 0, 0, 1], 'area': [0, 0, 0, 1], 'states': [1, 0, 0, 1], 'assistance': [0, 0, 1, 1]}

The correct answer is option 3: Both 1 and 2.

Explanation:

The Revised Macro Management of Agriculture Scheme (2008-2009) has two correct characteristics:

1. The scheme allocates funds to states and union territories based on two criteria:

a. Gross cropped area

b. Area under small and marginal holdings

This means that the funds are distributed to states and union territories based on the total area of land used for farming and the area specifically utilized by small and marginal farmers.

2. The assistance provided under this scheme is in the form of a 100% grant. This means that the funds given to states and union territories are not a loan or repayable amount but a grant that does not need to be repaid.

Therefore, both statement 1 and statement 2 are correct.