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Question
Assertion (A): After independence there was an expansion, in farm and non-farm output, income and employment.
Reason (R): Rural banking has helped farmers to avail benefits of credits facilities for meeting their needs.
Options
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is true and Reason (R) is false.
Assertion (A) is false and Reason (R) is true.
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Solution
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Explanation:
Rural banking has enabled farmers to take advantage of loan opportunities to suit their requirements. Following independence, agricultural and non-farm output, income, and employment increased rapidly.
