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Rural Development test - 17

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Rural Development test - 17
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Weekly Quiz Competition
  • Question 1
    1 / -0
    Prior to independence, farmers,while selling their produce to traders,suffered from? 
  • Question 2
    1 / -0
    Choose the correct answer from the alternatives given.
    Shifting cultivation which takes place in North-East India is known as
  • Question 3
    1 / -0
    NABARD is a __________.
  • Question 4
    1 / -0
    Credit is an essential requirement for every _______________.
    Solution
    Credit is an essential requirement for every productive activity. Credit can be classified as productive and unproductive. Credit is a contractual payment where borrowers receive money or something of value and agrees to repay it later. Credit helps to increase the productive capacity.
  • Question 5
    1 / -0
    In order to fulfill the financial requirements of the ____________ in rural India, appropriate and specialised credit agencies are needed.
    Solution
    In order to fulfill the financial requirements of the agricultural sector in rural India, appropriate and specialized credit agencies are needed. Credit helped to increase the productive capacity.Agricultural credit can be categorized on the basis of both purpose of credit and objective of credit provider.
  • Question 6
    1 / -0
    _________ is the apex bank for agriculture credit.
  • Question 7
    1 / -0
    Crop Failure leads to reduced supply and increased prices of food products, thereby affecting ______________.
  • Question 8
    1 / -0
    NABARD has been set up in __________.
  • Question 9
    1 / -0
    ______________ are member-based micro finance intermediaries.
    Solution
    Self Help Groups are member-based micro finance intermediaries.Self-Help Groups (SHG) are community based financial intermediaries where people come together voluntarily and contribute regularly for the creation of a common fund.
  • Question 10
    1 / -0
    NABARD is a __________.
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