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Rural Development

Question

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Why does farmers need credit?

Solution

Farmers need credit for:

1. Purchasing seeds, tools, manure, and fertilizers.

2. Digging wells, fencing, buying machinery.

3. Purchasing land, costly equipments etc.

4. Personal expenses like marriage, death, religious ceremonies etc.

Some More Questions From Rural Development Chapter

Mention some obstacles that hinder the mechanism of agricutlural marketing.

Why the cooperative marketing could not gain momentum in India.

Explain the areas of focus while diversifying the activities to agriculture.

Define agro-processing industries.

What are the alternative channels available for agricultural marketing ? Give some examples.

What are two types of purposes for which Indian farmers require credit?

Name the two categories of agricultural finance (credit) in India?

Who occupies the prime place in non-constitutional agricultural finance in India?

Name the policy instruments as measures initiated by the Government to improve the agricultural marketing system.

Define rural development?

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