Class 12 Economics MCQ Chapter 15 Rural Development

Class 12 Economics MCQ Chapter 15 Rural Development Question Answer English Medium to each chapter is provided in the list so that you can easily browse through different chapters Class 12 Economics MCQ Chapter 15 Rural Development and select need one. AHSEC Class 12 Economics Objective Type Solutions As Per AHSEC New Book Syllabus Download PDF. AHSEC Economics MCQ Class 12.

Class 12 Economics MCQ Chapter 15 Rural Development

Also, you can read the NCERT book online in these sections Solutions by Expert Teachers as per Central Board of Secondary Education (CBSE) Book guidelines. AHSEC Class 12 Economics Multiple Choice Solutions are part of All Subject Solutions. Here we have given AHSEC Class 12 Economics MCQ in English for All Chapters, You can practice these here.

Rural Development

Chapter: 15

PART – B: INDIAN ECONOMIC DEVELOPMENT

1. Rural development primarily aims at:

(i) Increasing only industrial output.

(ii) Improving the living standards of rural people continuously.

(iii) Expanding exports alone.

(iv) Urban infrastructure creation.

Ans: (ii) Improving the living standards of rural people continuously.

2. Rural development is broader than agricultural development because it:

(i) Focuses only on crop cultivation.

(ii) Includes all sectors and services in rural areas.

(iii) Excludes health and education.

(iv) Concerning only irrigation.

Ans: (ii) Includes all sectors and services in rural areas.

3. Which of the following is not a typical action point for rural development?

(i) Increasing crop productivity.

(ii) Generating non-farm employment.

(iii) Expanding education and health facilities.

(iv) Encouraging only subsistence farming.

Ans: (iv) Encouraging only subsistence farming.

4. A key significance of rural development in India is that it:

(i) Benefits only urban consumers.

(ii) Raises living standards of the majority living in villages.

(iii) Reduces demand for industrial goods.

(iv) Promotes migration to cities.

Ans: (ii) Raises living standards of the majority living in villages.

5. Saansad Adarsh Gram Yojana (SAGY) was launched on:

(i) January 1, 2015.

(ii) October 11, 2014.

(iii) August 15, 2016.

(iv) October 2, 2014.

Ans: (ii) October 11, 2014.

6. Under SAGY, the adopted village population criterion in plains is:

(i) 500–1,000.

(ii) 1,000–3,000.

(iii) 3,000–5,000.

(iv) Above 10,000.

Ans: (iii) 3,000–5,000.

7. Which is a key issue in rural development?

(i) Space research.

(ii) Rural infrastructure (roads, power, irrigation).

(iii) Luxury housing.

(iv) Stock market reforms.

Ans: (ii) Rural infrastructure (roads, power, irrigation).

8. Short-term credit for farmers typically covers up to:

(i) 6 months.

(ii) 12 months.

(iii) 3 years.

(iv) 10 years.

Ans: (ii) 12 months.

9. A loan taken to buy seeds and fertilisers is best classified as:

(i) Unproductive credit.

(ii) Consumption credit.

(iii) Productive credit.

(iv) Collateral-free grant.

Ans: (iii) Productive credit.

10. Which of the following is a non-institutional source of rural credit?

(i) Co-operative bank.

(ii) Regional Rural Bank.

(iii) Moneylender.

(iv) NABARD.

Ans: (iii) Moneylender.

11. Which one is an institutional source of rural credit?

(i) Landlord.

(ii) Trader.

(iii) Relative.

(iv) Commercial bank.

Ans: (iv) Commercial bank.

12. A correct distinction is that institutional credit is generally:

(i) Unregulated and very costly.

(ii) Regulated and relatively cheaper.

(iii) Only for unproductive purposes.

(iv) Without any documentation.

Ans: (ii) Regulated and relatively cheaper.

13. The village-level unit in the co-operative credit structure is:

(i) State Co-operative Bank.

(ii) Central Co-operative Bank.

(iii) Primary Agricultural Credit Society (PACS).

(iv) Regional Rural Bank branch.

Ans: (iii) Primary Agricultural Credit Society (PACS).

14. As per policy, commercial banks were directed to lend what share to priority sectors?

(i) 10%.

(ii) 25%.

(iii) 40%.

(iv) 60%.

Ans: (iii) 40%.

15. The share of commercial banks in institutional credit to agriculture in 2017–18 was about:

(i) 13%.

(ii) 25%.

(iii) 56%.

(iv) 75%.

Ans: (iv) 75%.