Chapter 5 RURAL DEVELOPMENT
Pg 35 textbook
Q4. Identify and explain the concepts from the given
illustrations:
Question 1.
Kusumatai knowingly set up her business enterprise in the
rural area so that people living there could be gainfully
employed.
Answer:
Rural Industrialization.
Rural industrialization is a strategic process of establishing
industries in rural areas to generate employment
opportunities in rural areas which in turn lead to economic
growth and development of the country.
Question 2.
Raoji purchased a new tractor for his farm by taking a
loan.
Answer:
Productive agricultural credit.
The agricultural credit that is used for agricultural
productive purpose is called productive agricultural credit.
Question 3.
Subsidized credit is provided by banks to small farmers for
the purchase of High Yielding Variety (HYV) seeds.
Answer:
Short Term Credit.
A short-term credit refers to loans not exceeding two
years. It is provided by banks to cultivators/farmers for
purchasing high yielding variety seeds (HYV), fertilizers.
Question 4.
Damaji borrows a loan from a credit society established in
the village this season rather than taking it from a
moneylender.
Answer:
Institutional Source of Agricultural Credit.
A source of agricultural credit that is owned, managed or
regulated by government is called institutional source of
agricultural credit. For example, Primary Agricultural Credit
Society (PACS).
Question 5.
Ramraoji takes a loan from the bank for a period of ten
years subject to terms and conditions for the purpose of
irrigated farming.
Answer:
Long Term Agricultural credit.
Long-term agricultural credit refers to loans that are taken
for a period of more than 5 years.
Q5. READ THE FOLLOWING PASSAGE AND ANSWER
THE FOLLOWING QUESTIONS:
Questions 1.
Explain in short Mahatma Gandhi’s views on rural
development.
Answer:
According to Mahatma Gandhi, “India lives in villages and
the development of the nation cannot be achieved without
the development of the villages.”
It means rural development is necessary for the
development of the nation.
Question 2.
Highlight the role of the government in achieving rural
development.
Answer:
The role of the government in achieving rural development
is very important. The government must follow a policy of
decentralisation of power and Panchayati Raj systems
needs to be strengthened.
Question 3.
What measures have been suggested to achieve rural
development?
Answer:
Following measures are suggested to achieve rural
development:
• Decentralization of the national & state governments
through the Panchayat Raj system needs to be
strengthened.
• Self-governance, which ensures that Indian citizens
even previously marginalized, can participate in
decision-making.
Question 4.
Express your idea of a ‘Model Village’.
Answer:
India is a country of villages.
My idea of a model village is as follows:
• There should be a good system of sanitation and the
provision of safe drinking water.
• There must good educational facilities so as to
improve the literacy rate.
• There must be gender equality and women must be
empowered & encouraged to participate in
Community Development Programme.
• There should be proper enforcement of law & order.
• There should be the development of infrastructure.
• A village should have nancial institutions to provide
credit at a reasonable rate of interest.
• A model village must have all possible provisions for
all-around rural development.
EXTRA QUESTIONS:
Q. ANSWER THE FOLLOWING.
1. Write a short note on National Bank for Agriculture and
Development (NABARD).
ANS-
1.National Bank for Agriculture and Development
(NABARD) is the institutional source of agricultural
credit in India.
2. NABARD is the apex banking institutions to provide
nance for agriculture and rural development in India.
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3.NABARD was established on July 12, 1982 with a
contribution of Government of India and Reserve
Bank of India.
4. NABARD provides credit for promotion of agriculture,
small scale industries, cottage and village industries
etc.
Q. STATE WITH REASONS WHETHER YOU AGREE OR
DISAGREE THE FOLLOWING STATEMENT.
1. Regional Rural banks (RRBs) are important source of
agricultural credit in India.
Ans- 1. Regional Rural Banks(RRBs) are the institutional
source of agricultural credit in India.
2. RRBs are the specialised banks established under
RRB Act, 1976 to cater to the needs of poor people
living in rural areas of India.
3. RRBs follow professional discipline and have
modern outlook of commercial banks.
4. RRBs are playing important role in meeting the
credit requirements particularly of small and marginal
farmers, agricultural labourers etc.
