Tag: agriculture sector

Questions Related to agriculture sector

What is the major source of funds for Land Development Banks (LDBs)?

  1. Issue of bonds and debentures.

  2. Assistance from commercial banks.

  3. Loans from RBI.

  4. All of the above.


Correct Option: A
Explanation:

Issue of bonds and debentures is the major source of funds for Land Development Banks (LDBs).Land Development Banks (LDBs) are also called as Land Mortgage Banks and Agricultural and Rural Development Banks in some states.Land Development Banks- co-operative credit institution provides long-term loans. It provide loans generally more than one year. It provides institutional credit which assist in agricultural developmental activities.

Central Land Development Banks operate at the ___________ level.

  1. district

  2. village

  3. national

  4. state


Correct Option: D
Explanation:

Central Land Development Banks operate at the state level.Land Development Banks (LDBs) are also called as Land Mortgage Banks and Agricultural and Rural Development Banks in some states.Land Development Banks- co-operative credit institution provides long-term loans. It provide loans generally more than one year. It provides institutional credit which assist in agricultural developmental activities.

Land Development Banks (LDBs) have a ________ structure.

  1. 3-tier

  2. 2-tier

  3. 4-tier

  4. none of the above


Correct Option: B
Explanation:

Land Development Banks (LDBs) have a 2-tier structure.Land Development Banks (LDBs) have been effectively established in India since 1929.Land Development Banks (LDBs) are also called as Land Mortgage Banks and Agricultural and Rural Development Banks in some states.Land Development Banks- co-operative credit institution provides long-term loans. It provide loans generally more than one year. It provides institutional credit which assist in agricultural developmental activities.

Land Development Banks (LDBs) have been effectively established in India since __________.

  1. 1920

  2. 1956

  3. 1951

  4. 1929


Correct Option: D
Explanation:

Land Development Banks (LDBs) have been effectively established in India since 1929.Land Development Banks (LDBs) are also called as Land Mortgage Banks and Agricultural and Rural Development Banks in some states.Land Development Banks- co-operative credit institution provides long-term loans. It provide loans generally more than one year. It provides institutional credit which assist in agricultural developmental activities.

70% of loans advanced by cooperative societies have been dispersed in ______ states.

  1. 18

  2. 12

  3. 8

  4. 24


Correct Option: C
Explanation:

70% of loans advanced by cooperative societies have been dispersed in 8 states.Cooperative banks as a cooperative credit institution provide both medium-term as well as short-term.loans.Cooperatives provide Institutional credit which assists rural households involved in agricultural activities. The government exclusively depended on development of cooperatives as an institutional source of rural credit till 1970.

The number of primary land development banks stood at _______ as of Mar., 2013.

  1. 650

  2. 714

  3. 765

  4. 950


Correct Option: B
Explanation:

The number of primary land development banks stood at 714  as of Mar., 2013.Primary Land Development Banks operate at the district level.Land Development Banks (LDBs) are also called as Land Mortgage Banks and Agricultural and Rural Development Banks in some states.Land Development Banks- co-operative credit institution provides long-term loans. It provide loans generally more than one year. It provides institutional credit which assist in agricultural developmental activities.

Land Development Banks (LDBs) are also called as ____________ in some states.

  1. Land Mortgage Banks

  2. Agricultural and Rural Development Banks

  3. both 'a and b'

  4. neither a nor b


Correct Option: C
Explanation:

Land Development Banks (LDBs) are also called as Land Mortgage Banks and Agricultural and Rural Development Banks in some states.Land Development Banks- co-operative credit institution provides long-term loans. It provide loans generally more than one year. It provides institutional credit which assist in agricultural developmental activities. Land Development Banks (LDBs) have a 2-tier structure.Land Development Banks (LDBs) have been effectively established in India since 1929.

A large part of cooperative credit is dispersed to __________.

  1. small farmers

  2. landless agricultural labourers

  3. rural artisans

  4. large and rich farmers


Correct Option: D
Explanation:

A large part of cooperative credit is dispersed to  large and rich farmers.Cooperative banks as a cooperative credit institution provide both medium-term as well as short-term.loans.Cooperatives provide Institutional credit which assists rural households involved in agricultural activities. The government exclusively depended on development of cooperatives as an institutional source of rural credit till 1970.

Cooperative societies have not been facing problems with regards to recovery of loans and advances.

  1. True

  2. False


Correct Option: B
Explanation:

Cooperative societies have not been facing problems with regards to recovery of loans and advances- this is a false statement since cooperative societies have been facing problems with regards to recovery of loans and advances.Cooperative banks as a cooperative credit institution provide both medium-term as well as short-term.loans.Cooperatives provide Institutional credit which assists rural households involved in agricultural activities. The government exclusively depended on development of cooperatives as an institutional source of rural credit till 1970.

Rural credit provided by cooperative societies suffers from the problem of undue delays.

  1. True

  2. False


Correct Option: A
Explanation:

Rural credit provided by cooperative societies suffers from the problem of undue delays- this is a true statement.Cooperative banks as a cooperative credit institution provide both medium-term as well as short-term.loans.Cooperatives provide Institutional credit which assists rural households involved in agricultural activities. The government exclusively depended on development of cooperatives as an institutional source of rural credit till 1970.