Class XII Economics -  Indian Economic - Human Capital Formation - Test Paper 2021 Part I
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MCQs/Case based/Assertion & Reason questions Topic: RURAL DEVELOPMENT 1.Which among the following is an initiative taken for the development of rural India? *
1 point
2.What was the growth rate of agricultural output during 2007-12? *
1 point
3.When was the National Bank for Agricultural and Rural Development set up? *
1 point
4.Which of the following is an institutional source of rural credit? *
1 point
5.Which source of credit had emerged to fully integrate the formal credit system into the overall rural social and community development? *
1 point
6.Which among the following is a process that involves the assembling, storage, processing,transportation, packaging, grading, and distribution of different agricultural commodities across the country? *
1 point
7. Which Indian state has been held as a success story in the efficient implementation of milk cooperatives? *
1 point
8.What is the name of the vegetable and fruit market in Andhra Pradesh? *
1 point
9. How much do the “inland sources” contribute to the total fish production in India? *
1 point
10. Which status has been accorded to the retail chains and supermarkets for selling organic food? *
1 point
11. The problems faced in rural banking are *
1 point
12. Name the state which is held as a success story in the efficient implementation of milk cooperatives. *
1 point
13. Why is the minimum support price fixed by the government ? *
1 point
14.Blue revolution is associated with *
1 point
ASSERTION AND REASON QUESTIONS 15.Assertion : Rural economic development is essential for Indian Economic development .Reason : Rural development creates opportunities in rural areas for education. *
1 point
16.Assertion:.Diversification of crops shifted from single cropping system to multiple’’cropping Reason : It increases the risk of the market arised due to price fluctuation. *
1 point
17.. Assertion : Eong term credits are required for purchasing machinery and constructingfences etc.Reason : These are taken for 12 months to 5 years. *
1 point
18. Assertion : Farmers were using primitive technology of production .Reason : Farmers were unaware of the technology and were poor. *
1 point
19. Assertion : NABARD was set up to give loans to farmers.Reason : It is an Apex body to coordinate all institutions involved in the rural financing system. *
1 point
20. Assertion : Role of Information Technology was essential in the Rural sector.Reason : Farmers were interested in learning computers *
1 point
CASE STUDY / REPORT BASED QUESTIONS CASE STUDY/REPORT : 1 The policy intervening rural credit has always been credit driven. This is even more pronouncedin the Recent Interventions made by the state in the package announced for distressed farmersin doubling agricultural credit , providing subvention and putting an upper cap on interest ratesfor agricultural loans. Looking specifically at rural financial markets using some primary data,we argue that it is necessary to understand the Rural Financial markets from the demand side. 21. Mention any two sources of rural credit in India . *
1 point
22. What are the main institutional sources of rural credit in India? *
1 point
23.What are suggestive measures to overcome the problems of the marketing system in India. *
1 point
24. Discuss the role of cooperatives in Rural Credit *
1 point
CASE STUDY -2The government is fast tracking the integration of e- National agricultural market (e NAM) withfarmer producer organizations (FPO) and warehouses , which have been declared as marketyards to provide end-to-end connectivity to farmers.It will then connect these FPOs and warehouses with the transport aggregator mobile AppKISAN RATH for seamless supply linkages to integrate and intra state buyers. The app bringstogether 5 lakh trucks and 20,000 tractors on a mobile platform for transporting farm produce tomarkets from Farm gate.   25. Define Agricultural marketing . *
1 point
26. What are the arrangements of agricultural marketing in India? *
1 point
27. Highlight the problem of Distress sale in India. *
1 point
CASE STUDY - 3BILL ON CONTRACT FARMINGThe farmers ( Empowerment and Protection ) Agreement of Price Assurance and FarmServices Bill, 2020/Provisions:                                                                         ● Farmers can enter into a contract with agribusiness firms ,processors , Wholesalers,Exporters or large retailers for sale of future farming produce at a pre-agreed price .                                                                                                         ● Marginal and small farmers , with land less than five hectares, to gain via aggregationand contract ( Marginal and small farmers account for 86% of total farmers in India).                                                                        ● To transfer the risk of market unpredictability from farmers to sponsors .                                                               ● To Enable farmers to access modern tech and get better inputs.                                                                              ● To reduce the cost of marketing and boost farmer’s income .                                                                                        ● Farmers can engage in direct marketing by eliminating intermediaries for full pricerealization . Effective dispute resolution mechanism with redressal timelines.                                                                                  28. How will you relate the above with the general reforms in Agricultural marketing ? *
1 point
29.How will it affect substantial farming? *
1 point
30. Will the above give substantial rise in Acreage ( area under cultivation) *
1 point
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