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प्रश्न
Rural credit system assumes importance because ______.
पर्याय
It leads to an increase in the rural income
Savings are inadequate to finance farming and other economic activities
It leads to the overall development of the rural areas
It leads to a reduction in rural inequality
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उत्तर
Rural credit system assumes importance because savings are inadequate to finance farming and other economic activities.
Explanation:
In rural areas, farmers and small entrepreneurs often do not have sufficient savings to meet the expenses of farming, irrigation, seeds, fertilisers, or other economic activities. Hence, the rural credit system becomes important as it provides the necessary funds. This credit helps improve agricultural productivity, support rural livelihoods, and promote overall rural development.
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संबंधित प्रश्न
Complete the following statement:
Productive loans are economically justified because___________
Complete the following statement:
Small farmers are unable to access rural credit provided by banks due to _________.
Choose the wrong pair :
| column A | column B |
| Rural occupational structure | Activity |
| Agricultural sector | Banking and Insurance |
| Industrial sector | Processing of raw material |
| Service sector | Computer-related service |
Assertion (A): Indian economy is pre-dominantly rural economy.
Reasoning (R): As per 2011 census, the country’s rural population is almost 83.25 crore (68.8% of the total population)
Assertion and Reasoning – choose the correct answer from the following :
Assertion (A): Non-institutional finance forms an important part of rural credit.
Reasoning (R): Small farmers are unable to access bank credit because of borrowers' unfriendly products.
Identify and explain the concept from the given illustration:
Kusumtai knowingly set up her business enterprise in the rural area so that people living there could be gainfully employed.
Read the following passage carefully and answer the questions given below :
Rural development is one of the thrust areas of administration. As Mahatma Gandhi rightly said, “India lives in villages and the development of the nation cannot be achieved without the development of the villages”. The need of the hour is the convergence of all development interventions, at the grassroots level which can be possible through effective governance at the village level. The movement towards the decentralization of the National and State governments through the Panchayati Raj system needs to be strengthened through lessons learned from the successful stories of ‘Model villages’ around India. Though India is progressing in the right direction in reducing education inequalities and increasing literacy levels, there is still a lot that needs to be done. An understanding of social issues is important for effective planning and policy development. Self-governance ensures that Indian citizens, even the previously marginalized, can participate in decision-making.
1) Explain in short Mahatma Gandhi’s views on rural development.
2) Highlight the role of the government in achieving rural development.
3) What measures have been suggested to achieve rural development?
4) Express your idea of a ‘Model Village’.
Which of the following is an example of infrastructure development in rural areas?
How does the empowerment of women contribute to rural development?
Which sector does 'Public Health & Sanitation' primarily improve in rural development?
Why is the availability of credit important in rural development?
What ensures the sustainability of rural development initiatives?
