Economics

Questions Bank

Part B    INDIAN ECONOMIC DEVELOPMENT

  • Agricultural Marketing includes gathering the produce after harvesting, processing the produce, grading the produce according to its quality, packaging the produce according to the preferences of buyers, storing the produce for future sale and selling the produce
    2018-02-13 15:20:10
  • Defects of Agricultural Marketing are: (i) Inadequate Warehouses, (ii) Multiplicity of Middlemen; (iii)    Malpractices in Unregulated Markets; (iv) Lack of adequate Finance; (v) Inadequate means of transport and communication
    2018-02-13 15:19:46
  • Weakness of Institutional Agencies are cooperatives are dominated by vested interest, limited lenders to weaker section by the bank, guarantee or security is required, mutual or group guarantees are not accepted, recommendation of the village leaders are required. Involves many formalities
    2018-02-13 15:19:01
  • Self-Help Groups are the emerged group to fill the gap in the formal credit system. They promote contribution from each member. From pooled money, credit is given to the needy members to be repayable in small instalments at reasonable interest rates
    2018-02-13 15:18:35
  • Significance of Non Institutional Sources are (i) Informal sector works like an ATM for the agricultural labour; (ii) The arrangements in informal sectors are flexible in terms of time lines, procedural requirements, interest rates etc.
    2018-02-13 15:17:59
  • National Bank for Agricultural and Rural Development (NABARD) : It is an apex institution. It coordinates the rural financing activities of all the institutions engaged in development work at the field level and maintain liaison with Govt, of India, State Govt., Reserve Bank
    2018-02-13 15:17:06
  • Organic Farming is a system of farming that maintains, enhances and restores the ecological balance. In such type of farming farmers use organic manures, bio-fertilizers and organic pesticides.
    Advantages are: (i) Inexpensive Process; (ii)  Generates Income; (iii) Healthier and Tastier Food; (iv) Solves Unemployment Problem; (v) Environment friendly
    2018-02-13 15:16:17
  • Agricultural Diversification has two aspects (i)  Diversification of crop production; (ii) Shifting of work-force from agriculture to other allied activities
    2018-02-13 15:15:19
  • Measures Adopted to improve marketing system are (i) Regulated Markets; (ii) Co-operative agricultural marketing societies; (iii) Provision of warehousing facilities; (iv) Subsidized Transport; (v) Dissimulation of marketing information; (vi) Public Distribution System
    2018-02-13 15:14:42
  • Diversification of Productive Activities implies a shift from crop-farming to non-farming areas of employment. Non-farm areas of employment include (i) Animal Husbandry; (ii) Fisheries; (iii) Horticulture; (iv) Cottage and household industry; (v) Information technology- every village a knowledge centre
    2018-02-13 15:13:32
  • 2018-02-13 15:12:09

Popular questions of the week