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Rural Development

Question

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Write a short note on NABARD.

Solution

NABARD : National Bank for Agriculture and Rural Development was set up in 1982. It is an apex institution entrusted with all matters concerning policy, planning and operations in the field of rural credit and related economic activities. It has gone a long way in liberating the farmers from the debt-trap of mahajans and moneylenders.

Some More Questions From Rural Development Chapter

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?

Name the main sources of institutional agricultural finance in India.

Give two main weaknesses of institutional agricultural finance in India.

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