Tag: role of agriculture sector

Questions Related to role of agriculture sector

The 3-tier structure of co-operative banks includes which of the following?
(i)   NABARD
(ii)  State Cooperative Banks
(iii) Central Cooperative Banks
(iv) District Central Cooperative Banks
(v)  Primary Agricultural Credit Societies (PACS)

  1. (i), (ii) and (iv)

  2. (i), (iii) and (v)

  3. (ii), (iv) and (v)

  4. (ii), (iii) and (v)


Correct Option: C
Explanation:
The 3-tier structure of co-operative banks includes :-a) State Cooperative Banksb) Primary Agricultural Credit Societies (PACS)
c) District Central Cooperative Banks
Co-operative banks have a  3-tier structure.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.

___________ operate in each state at the apex level.

  1. State Cooperative Banks

  2. Central Cooperative Banks

  3. Primary Agricultural Credit Societies (PACS)

  4. State Central Cooperative Banks


Correct Option: A
Explanation:

State Cooperative Banks operate in each state at the apex level.State Cooperative Banks provides institutional credit which assists rural households involved in agricultural activities.Credit helps to increase the productive capacity of the economy.

Cooperatives have not made much progress in tribal and hilly areas.

  1. True

  2. False


Correct Option: A
Explanation:

Cooperatives have not made much progress in tribal and hilly areas- 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.

___________ Land Development Banks operate at the district level.

  1. Central

  2. State

  3. Primary

  4. District


Correct Option: C
Explanation:

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.

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.