Odisha State Warehousing Corporation

1. When was the Odisha State Warehousing Corporation (OSWC) established?

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a) 1965
b) 1970
c) 1980
d) 1990

Answer: a) 1965

2. What is the primary objective of the Odisha State Warehousing Corporation?

a) Agricultural production
b) Warehousing and storage services
c) Textile manufacturing
d) Transportation services

Answer: b) Warehousing and storage services

3. Which department of the government oversees the functioning of the Odisha State Warehousing Corporation?

a) Ministry of Agriculture
b) Department of Commerce
c) Ministry of Finance
d) Department of Food and Civil Supplies

Answer: d) Department of Food and Civil Supplies

4. What role does the Odisha State Warehousing Corporation play in the agricultural sector?

a) Crop cultivation
b) Providing subsidies to farmers
c) Storage and preservation of agricultural produce
d) Agricultural research

Answer: c) Storage and preservation of agricultural produce

5. Which types of commodities are typically stored by the Odisha State Warehousing Corporation?

a) Electronics
b) Textiles
c) Agricultural produce and inputs
d) Automobiles

Answer: c) Agricultural produce and inputs

6. How does the Odisha State Warehousing Corporation contribute to food security in the state?

a) By exporting food items
b) By providing financial support to farmers
c) By ensuring the availability of storage facilities for food grains
d) By promoting food festivals

Answer: c) By ensuring the availability of storage facilities for food grains

7. What is the statutory status of the Odisha State Warehousing Corporation?

a) Constitutional body
b) Autonomous body
c) Advisory body
d) Regulatory body

Answer: b) Autonomous body

8. What is the key function of the Odisha State Warehousing Corporation in relation to agricultural marketing?

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a) Setting market prices
b) Providing marketing licenses
c) Regulating agricultural exports
d) Facilitating storage and warehousing for marketable surplus

Answer: d) Facilitating storage and warehousing for marketable surplus

9. Who appoints the Chairman and Managing Director of the Odisha State Warehousing Corporation?

a) Chief Minister of Odisha
b) President of India
c) Governor of Odisha
d) Ministry of Agriculture

Answer: c) Governor of Odisha

10. What is the key financial source for the Odisha State Warehousing Corporation?

a) Foreign aid
b) State government grants
c) Donations
d) Agricultural taxes

Answer: b) State government grants

11. What is the main focus of the Odisha State Warehousing Corporation in its role as a warehousing agency?

a) Retail sales
b) Agricultural research
c) Storage and preservation
d) Export promotion

Answer: c) Storage and preservation

12. In addition to storage services, what other functions does the Odisha State Warehousing Corporation perform?

a) Agricultural production
b) Transportation services
c) Financial lending to farmers
d) Quality testing of agricultural produce

Answer: d) Quality testing of agricultural produce

13. Which of the following crops is NOT typically stored by the Odisha State Warehousing Corporation?

a) Rice
b) Cotton
c) Wheat
d) Pulses

Answer: b) Cotton

14. What role does the Odisha State Warehousing Corporation play in times of agricultural surplus?

a) It exports surplus produce to other states.
b) It facilitates bulk purchases by the government.
c) It discards excess produce to maintain market stability.
d) It provides surplus produce to local communities.

Answer: b) It facilitates bulk purchases by the government.

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15. How does the Odisha State Warehousing Corporation contribute to the prevention of post-harvest losses?

a) By promoting excessive exports
b) By implementing advanced storage techniques
c) By imposing high taxes on agricultural produce
d) By restricting farmers’ access to storage facilities

Answer: b) By implementing advanced storage techniques

16. What is the role of the Odisha State Warehousing Corporation in ensuring fair practices in agricultural marketing?

a) It sets market prices for agricultural produce.
b) It monitors and regulates agricultural trade practices.
c) It engages in speculative trading.
d) It promotes exclusive contracts between farmers and buyers.

Answer: b) It monitors and regulates agricultural trade practices.

17. What type of commodities does the Odisha State Warehousing Corporation store to support farmers during price fluctuations?

a) Luxury goods
b) Essential commodities
c) Industrial machinery
d) Electronic equipment

Answer: b) Essential commodities

18. Which government department collaborates with the Odisha State Warehousing Corporation to implement agricultural policies?

a) Ministry of Finance
b) Ministry of Commerce and Industry
c) Ministry of Rural Development
d) Ministry of Food Processing Industries

Answer: c) Ministry of Rural Development

19. How does the Odisha State Warehousing Corporation contribute to the overall development of the agriculture sector?

a) By providing direct financial assistance to farmers
b) By organizing agricultural fairs and exhibitions
c) By facilitating the availability of credit to farmers
d) By conducting agricultural research

Answer: c) By facilitating the availability of credit to farmers

20. In which year did the Odisha State Warehousing Corporation start its operations?

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a) 1950
b) 1965
c) 1970
d) 1980

Answer: b) 1965

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