Tag: role of agriculture sector

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Multiple choice social science agriculture sector rural credit role of agriculture sector green revolution

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
Reveal answer Fill a bubble to check yourself
C Correct answer
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.

Multiple choice social science agriculture sector rural credit role of agriculture sector green revolution

A large part of cooperative credit is dispersed to __________.

  1. small farmers

  2. landless agricultural labourers

  3. rural artisans

  4. large and rich farmers
Reveal answer Fill a bubble to check yourself
D Correct answer
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.

Multiple choice social science agriculture sector rural credit role of agriculture sector green revolution

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

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
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.

Multiple choice social science agriculture sector rural credit role of agriculture sector green revolution

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

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
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.

Multiple choice social science agriculture sector rural credit role of agriculture sector green revolution

There is 'feminisation' of the agriculture sector in the country due to ______________.

  1. sex ratio being biased against women.

  2. growing migration of men to the urban areas.

  3. development of women-friendly farm tools in recent times.

  4. unskilled labour needed in the farm sector.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Men have been migrating to urban locations in search of better employment avenues leaving the farm responsibilities on women the Survey has suggested the Government for 'gender-specific farm interventions' to support the farm sector.

Multiple choice social science agriculture sector rural credit role of agriculture sector green revolution

Consider the following statements and select the correct one/ones by using the code given below:
1. As per the Government, India is able to realise only 30 per cent of its agri-exports potential.
2. The proposed scheme Operation Greens is not related to promotion of food processing facilities. 

  1. Only 1

  2. Only 2

  3. 1 and 2

  4. Neither 1 nor 2
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

At present (2017-18, Provisional) India's agri-exports are at US$ 30 billion while its potential is of US$ 100 billion. The scheme Operation Greens is aimed at promoting food processing facilities also together with agri-logistics and professional management of the agri-goods. 

Multiple choice social science agriculture sector rural credit role of agriculture sector green revolution

Select the incorrect function of the Export Credit Guarantee Corporation (ECGC) __________________.

  1. Provides a range of credit risk insurance covers to exporters against loss in export of gods and services.

  2. Offers guarantees to banks and financial institutions to enable exporters to obtain better facilities from them.

  3. One of its divisions provides export insurance to companies based abroad.

  4. Provides Overseas Investment Insurance (OII) to Indian companies investing in joint ventures abroad in the form of equity or loan.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Export Credit Guarantee Corporation of India Limited, was established in the year 1957 by the Government of India to strengthen the export promotion drive by covering the risk of exporting on credit. Being essentially an export promotion organization, it functions under the administrative control of the Ministry of Commerce & Industry, Department of Commerce, and Government, Reserve Bank of India, banking, insurance and exporting community. ECGC is the fifth largest credit insurer of the world in terms of coverage of national exports. The present paid-up capital of the company is Rs. 800 crores and authorised capital Rs. 1,000 crores.