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Discuss briefly the importance of micro-credit programmes in rural development.
Concept: Credit and Marketing in Rural Areas
“India has failed to implement the recommendations of Education Commission of 1964-66.” Give valid arguments in support of the given statement.
Concept: Growth of Education Sector in India
‘Casual wage work is the major source of employment in rural India’. Defend or refute the given statement with a valid reason.
Concept: Self-employed and Hired Workers
Explain how Bio-composting can be helpful in achieving the objectives of sustainable development.
Concept: Strategies for Sustainable Development
Compare and analyse the sector-wise trends in employment, based on following information:
Trends in Employment (Sector-wise)
| Sector | 1999-2000 | 2011-12 |
| Primary sector | 60.4 | 48.9 |
| Secondary sector | 15.8 | 24.3 |
| Tertiary sector | 23.8 | 26.8 |
| Total | 100 | 100 |
Concept: Growth and Changing Structure of Employment
'Ram is able to get work only for two hours in a day. Rest of the day, he is looking for work.' Is he unemployed? What kind of job could person like Ram be doing?
Concept: Concept of Unemployment
“The value of all goods and services can be expressed in monetary units.”
On the basis of the given statement, identify the function performed by money:
Concept: Functions of Money
Study the following picture and answer the given question:

Women in rural households take up bee-keeping as an entrepreneurial activity. Such kind of activities may be envisaged under ______ as diversification activity.
Concept: Diversification into Productive Activities
Micro credit programmes play a vital role in ensuring an overall development of the rural economy as they ______.
- provide financial support
- lead to women empowerment
- enhance the reach of formal credit system
Concept: Credit and Marketing in Rural Areas
Read the following statements carefully:
Statement 1: The nature of unemployment problem in India is uni-faceted.
Statement 2: Worker-Population ratio is an indicator used for analysing the employment situation in a country.
In light of the given statements, choose the correct alternative from the following:
Concept: Participation of People in Employment
State and elaborate whether the following statement is true or false, with valid arguments:
Agricultural marketing is a process that ensures the transportation of various agricultural commodities only.
Concept: Agricultural Market System
“Ravya was initially working as an office clerk in a firm. In the pursuit to attain, a higher position and income, she attended a few on-the-job training sessions. These sessions contributed positively to her skills and expertise.”
Explain the impact of Ravya’s decision on human capital formation.
Concept: Sources of Human Capital
State and elaborate whether the following statement is true or false, with valid arguments:
Jan-Dhan Yojana has been a crucial step for financial resource mobilization in the Indian economy.
Concept: Credit and Marketing in Rural Areas
“Since independence, the government has been playing an important role in generating employment directly or indirectly.” Discuss.
Concept: Government and Employment Generation
State with valid reason whether the following statement is true or false:
‘Self employed workers are different from hired workers.’
Concept: Self-employed and Hired Workers
Explain the importance of credit availability to farmers in rural development.
Concept: Credit and Marketing in Rural Areas
What is the relation between marginal cost and average variable cost when marginal cost is rising and average variable cost is falling?
Concept: Relationship Between Average Variable Cost and Average Total Cost and Marginal Cost
Complete the following table:
| Units of Labour | Average Product (Units) | Marginal Product (Units) |
| 1 | 8 | ............. |
| 2 | 10 | ............ |
| 3 | ............ | 10 |
| 4 | 9 | ........... |
| 5 | ............. | 4 |
| 6 | 7 | ............ |
Concept: Relation Between Total, Average and Marginal Product
What is opportunity cost? Explain with the help of a numerical example.
Concept: Concept of Opportunity Cost
What is the relation between Average Variable Cost and Average Total Cost, if Total Fixed Cost is zero?
Concept: Relationship Between Average Variable Cost and Average Total Cost and Marginal Cost
