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Rural Development

Question

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Write down the main objectives of comparative credit societies.

Solution

Main objectives of comparative credit societies:

1. To ensure time and increased flow of credit to the farmers.

2. To spread credit facilities across all regions of the country.

3. To provide adequate credit support to areas covered by special programmes of development.

4. To gradually eliminate the money-lenders from the markets.

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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