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Rural Development test - 15

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Rural Development test - 15
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Weekly Quiz Competition
  • Question 1
    1 / -0
    The country that is not a developing country but has not yet achieved the status of the advanced country is __________.
    Solution
    The country which is neither a developing company nor it has achieved the status of an advanced or developed country is known as a transitional country which is out of the range of development and neither is it fully developed. Example of such a country is Malaysia. 
  • Question 2
    1 / -0
    Opening the savings bank account of a minor girl will be called as which of the following in banking terminology?
    Solution
    Retail banking, also known as consumer banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking.
    Hence saving the bank of a minor girl under the retail banking.
  • Question 3
    1 / -0
    What does the letter 'M' denote in the term 'MFI' as used in financial sector?
    Solution
    Micro Finance Institution, also known as MFI  is an organization that offers financial services to low income populations especially in rural ares. These organisations are created for the upliftment of poor sectors of the economy.
  • Question 4
    1 / -0
    NABARD was set up in _______.
  • Question 5
    1 / -0
    In India Service sector contributes ______% of our total exports.
  • Question 6
    1 / -0
    The YH Malegam Committee, which submitted its report in 2011, was set up to report on further improvement of functioning of __________.
    Solution
    In view of the developments in the microfinance sector,  the Reserve Bank of India (RBI)  in October, 2010 constituted a sub-committee under Shri Y.H. Malegam, member of the Central Board of Directors of RBI, to study issues and concerns of the Micro Finance Sector.
  • Question 7
    1 / -0
    Which city will get India's first 'freight village'?
    Solution

    A ‘Freight Village’ refers to a specialised industrial estate that attracts those companies which are in requirement of logistics services and can cluster to improve their competitiveness. In this connection, the city of Varanasi will get the country’s first ‘freight village’. It is spread over around 100 acres.
    Thus, the correct answer is A.

  • Question 8
    1 / -0
    Which of the following is the apex bank for agriculture credit in India?
  • Question 9
    1 / -0
    National Agricultural policy was declared in _______.
  • Question 10
    1 / -0
    _____________ connect different villages.
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