The Directorate of Marketing and Inspection (DMI) headed by the Agricultural Marketing Adviser, Department of Agriculture $ Co- operation (DAC) implements agriculture marketing policies and program of the Government of India.

Correct Option: B

The Directorate of Marketing and Inspection (DMI) headed by the Agricultural Marketing Adviser, Department of Agriculture $ Co- operation (DAC) implements agriculture marketing policies and program of the Government of India. It undertakes: Standardization, Grading and quality control of agricultural and allied produce, Market Research and Surveys along with other functions.

Indian agriculture is typically characterized as land scare, labor surplus economy. India has high man/land ratio.

Correct Option: C

Indian agriculture is typically characterized as land scare, labor surplus economy. India has high man/land ratio. There are large number of skilled labors but there is absence of land or capital.

The agricultural Prices Commission was set up in January, 1965 to advise the Government on price policy of major agricultural commodities with a view to evolve a balance and integrated price structure in the perspective of the overall needs of the economy and with due regard to the interests of the producer and the consumer.

Correct Option: C

The agricultural Prices Commission was set up in January, 1965 to advise the Government on price policy of major agricultural commodities with a view to evolve a balance and integrated price structure in the perspective of the overall needs of the economy and with due regard to the interests of the producer and the consumer. Since march 1985, the Commission has been known as Commission for Agriculture Costs and Prices.

In India, commercial banks have the highest share in the disbursement of credit to agriculture and allied activities.

Correct Option: A

In India, commercial banks have the highest share in the disbursement of credit to agriculture and allied activities. The commercial banks disburse around 60% credit followed by cooperative banks around 30% and RRB and others.

The importance of agriculture in Indian Economy is indicated by its contribution to national income, industrial development and supply of food grains.

Correct Option: D

The importance of agriculture in Indian Economy is indicated by its contribution to national income, industrial development and supply of food grains. It contributes around 13.7% to GDP, supplies raw material for development of industries along with supplying food grains for livelihood.