Sail E0 Webinar

12th Grade > Economics - 2

RURAL DEVELOPMENT MCQs

Total Questions : 30 | Page 2 of 3 pages
Question 11. Which of the following highlights the benefits of organic farming?
 
  1.    Environment Friendly
  2.    Healthier and tastier food
  3.    Inexpensive process
  4.    All of the above
 Discuss Question
Answer: Option A. -> Environment Friendly
:
A
Organic farming is environment friendly.
Question 12. In a SHG, most of the decisions regarding savings and loan activities are taken by:
  1.     bank
  2.    group members
  3.    non-government organisation
  4.    government
 Discuss Question
Answer: Option B. -> group members
:
B
SHGs are registered/unregistered entities which usually has a membership of 15 to 20 members from very low income families, usually women. They mobilize savings from members and uses the pooled funds to give loans to the needy members.
Question 13. What is the 'collateral' demand that lenders make against loans?
  1.    Vehicle of the borrower
  2.    Building of the borrower
  3.    Both (a) and (b)
  4.    None of these
 Discuss Question
Answer: Option C. -> Both (a) and (b)
:
C
Lenders demand any assets of the borrower as a collateral security.
Question 14. Rural population needs a long-term loan for
  1.    For buying fertilizers
  2.    For making minor improvements on land
  3.    To buy seeds
  4.    For buying agricultural machinery
 Discuss Question
Answer: Option D. -> For buying agricultural machinery
:
D
Rural population needs long term loan for buying agricultural machinery.
Question 15. Which scheme provides adequate and timely support from the banking system to the farmers for their cultivation needs in a flexible manner
  1.    KMC
  2.    KMM
  3.    KBC
  4.    KCC
 Discuss Question
Answer: Option D. -> KCC
:
D
TheKisan Credit Card(KCC) scheme is a credit scheme introduced in August 1998 by Indian banks.Its objective is to meet the comprehensive credit requirements of the agriculture sector by giving financial support to farmers. Participating institutions include all commercial banks,Regional Rural Banks, and state co-operative banks. The scheme has short-term credit limits for crops and term loans.
Question 16. Around 75% of agricultural produce is managed by the private sector. 
  1.    True
  2.    False
 Discuss Question
Answer: Option B. -> False
:
B
False.Around 25%of agricultural produce is managed by private sector.
Question 17. Agricultural markets are dominated by the private traders like moneylenders, rural political leaders, big merchants and rich farmers
  1.    True
  2.    False
 Discuss Question
Answer: Option A. -> True
:
A
True.Agricultural markets are dominated by the private traders like moneylenders, rural political leaders, big merchants and rich farmers.
Question 18. What are the obstacles in agricultural marketing
  1.    Lack of market information
  2.    Role of private sector 
  3.    Both (a) and (b)
  4.    None of the above
 Discuss Question
Answer: Option C. -> Both (a) and (b)
:
C
Following are the obstacles in agricultural marketing:
1. Lack of market information
2. Role of private sector
Question 19. Organic farming is a system of farming which uses organic inputs for cultivation.
 
  1.    True
  2.    False
  3.    Sericulture
  4.    None of the above
 Discuss Question
Answer: Option A. -> True
:
A
True. Organic farming is a system of farming which uses organic inputs for cultivation.
Question 20. Which of the following measures are adopted by the government of India to improve the system of agricultural marketing?
  1.    Minimum Support Price (MSP)
  2.    Maintenance of Buffer Stock.
  3.    Public Distribution System (PDS)
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above
:
D
The Government of India has adopted all these measures to improve the system of agricultural marketing in India.

Latest Videos

Latest Test Papers