Rural Economic Development NDA Questions

NDA Economics

Rural Economic Development MCQ Questions


7.
The All India Rural Credit Survey Committee Report (1954) recommended greater involvement of which type of institution to reduce dependence on moneylenders?
A.
Foreign remittance agencies
B.
Multinational banks
C.
Cooperative credit institutions
D.
Stock exchanges
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ANSWER :
C. Cooperative credit institutions
8.
The 'Green Revolution' contributed to a rise in institutional/formal credit's role in Indian agriculture, notably after the:
A.
Nationalisation of major banks in 1969
B.
Introduction of the Gold Standard
C.
Formation of the World Trade Organization
D.
Establishment of the East India Company
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ANSWER :
A. Nationalisation of major banks in 1969
9.
NABARD (National Bank for Agriculture and Rural Development), established in 1982, functions as the apex institution that coordinates the flow of credit for:
A.
Only defence procurement
B.
Agriculture, small-scale industries, and other rural activities
C.
Only the stock market
D.
Only urban commercial real estate
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ANSWER :
B. Agriculture, small-scale industries, and other rural activities
10.
Self Help Groups (SHGs) contribute to rural credit access by pooling small savings of their members and enabling collective borrowing, primarily benefiting:
A.
Foreign investors
B.
Urban stockbrokers
C.
Poor rural households, especially women, through microfinance
D.
Large corporate borrowers
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ANSWER :
C. Poor rural households, especially women, through microfinance
11.
The SHG-Bank Linkage Programme, pioneered in India by NABARD, connects informal Self Help Groups directly to the formal banking system, thereby:
A.
Restricting SHGs from opening bank accounts
B.
Increasing dependence on moneylenders
C.
Providing collateral-free credit access to the rural poor at reasonable rates
D.
Discouraging savings among the rural poor
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ANSWER :
C. Providing collateral-free credit access to the rural poor at reasonable rates
12.
Agricultural marketing is the process that involves the assembling, storage, processing, transportation, packaging, grading, and distribution of:
A.
Only manufactured consumer electronics
B.
Only foreign currencies
C.
Only imported goods
D.
Different agricultural commodities across the country
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ANSWER :
D. Different agricultural commodities across the country