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Rural Development test - 14

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Rural Development test - 14
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Weekly Quiz Competition
  • Question 1
    1 / -0
    The Community Development Programme was started on ___________.
    Solution
    The Community Development Programme was started in India just after independence (1952). It was a multi-project programme, with the aim of an overall development of rural people. This programme consisted of agriculture, animal husbandry, irrigation, cooperation, public health, education, social education, communication, village industries etc.
  • Question 2
    1 / -0
    The Food Corporation of India's main functions are __________.
    Solution
    The Food Corporation of India was established under the Food Corporation's Act 1964. The major purpose and areas of functioning of this governmental organization is to purchase food grains at the set MSP, storing the food grains so that national food security is maintained and to provide assistance to the farmers in selling their crops.
  • Question 3
    1 / -0
    Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
    Solution
    The Basel Committee on Banking Supervision (BCBS) is a committee of banking supervisory authorities that was established by the central bank governors of the Group of Ten countries in 1974. It provides a forum for regular cooperation on banking supervisory matters.
  • Question 4
    1 / -0
    Which of the following Credit Cards is specially designed for the people involved in agricultural activities?
  • Question 5
    1 / -0
    Which of the following is not true?
  • Question 6
    1 / -0
    Which of the following products launched by most of the banks helps farmers in getting instant credit for various agricultural purposes?
    Solution
    The Kisan Credit Card (KCC) was introduced as a financial product in 1998 to provide hassle free credit to farmers.
    This is done by giving monetary support to farmers, which in turn comes with various features and benefits
  • Question 7
    1 / -0
    As per the reports published in various journals and newspapers, the ''small borrowers" in rural areas still prefer to take informal route for their credit needs. Which of the following is the "informal route" of credit in the financial sector?
  • Question 8
    1 / -0
    Some private organisations are running e-choupal to help which of the following sections of the society?
  • Question 9
    1 / -0
    Which of the following nations is considered the originator of the concept of Micro-Finance?
    Solution
    The Grameen Bank, which is  the first modern micro- credit institution, was founded in 1983 by Muhammad Yunus from Bangladesh. Yunus began the project in a small town called Jobra, using his own money to give small loans at low-interest rates to the poor in rural areas.
  • Question 10
    1 / -0
    Bharat Nirman Yojana is associated with the development of which of the following?
    Solution
    To provide better life to rural peoples the Govt. of India launched a programme called Bharat Nirman on December 16, 2005. This scheme will focus on six areas i.e. Bijli, Pani Sadak, Irrigation, Telecommunication and housing in rural areas of the country. Hence, correct answer is option B.
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