2.Assertion (A): Agricultural diversification implies diversification of crop production and shifting of workforce to other allied activities such as livestock, poultry etc. Reason (R): Most of the agricultural activities are concentrated in kharif season while during Rabi season it become difficult to find gainful employment opportunities due to lack of irrigation facilities.
3. Assertion A): Rural Banking has always given lesser attention to the credit requirements of small and marginal farmers. Reason (R): Agrarian farmers enjoy better credit worthiness.
4.Assertion (A): Nationalization of commercial banks marked the beginning of social banking in rural areas. Reason (R): Farmers can avail the benefits of institutional credit without any collateral.
5. Assertion (A): Rural development includes only agricultural development. Reason (R): Rural development aims at improving the economic and social conditions of people living in villages.
6. Assertion (A): Farmers suffer a lot as a result of distress sales because they not only get low prices but are also cheated by the use of false weights and are charges high commissions. Reason (R): The extent of distress sale and farm suicide has been completely eliminated from India
7. Assertion (A): TANWA is expected to raise employment of woman as well as their income. Reason (R): Acquiring of specialized skills through training under TANWA increases the productivity levels of woman.
TANWA= Tamil Nadu Women in Agriculture.
8. Assertion (A): The focus of Self-Help groups (SHG) is largely on the rural poor. Reason (R) Rural poor have no sustainable access to the formal banking system.
9.Assertion (A): Animal husbandry is an important area of employment in India different from crop farming. Reason (R): Animal husbandry is associated with golden Revolution.
10.Assertion (A): The Kisan Credit Card Scheme aims at adequate and timely support to the farmers for their short-term credit needs. Reason (R): Alarmingly high default rate may shake the very foundation of rural banking system.
11.Assertion (A): It is important to develop proper storage facilities in rural areas. Reason (R): Farmers are forced to sell their crops at very low prices to traders because of the fear of it getting it damaged from fire, rodents or pests due to lack of proper storage.
12.Assertion (A): Non-institutional credit often led to a debt trap for the farmers. Reason (R): Moneylenders, traders and commission agents charged exorbitantly high interest rates from the farmers and manipulated the accounts.
13.Assertion (A): Diversification of crops helps stabilization of farm income by lowering the market risk. Reason (R): Livestock farming in India is an important source of employment for the woman.
14.Assertion (A): Rural development depends on availability of cheap and adequate credit from time to time. Reason (R): It is necessary for farmers to diversify agricultural production because there is a greater risk in depending exclusively on one crop.
15.Assertion (A): Milk cooperatives have played a major role in bringing White Revolution in the country. Reason (R): Agricultural marketing is the farmers, act of bringing their product to the market for sale.
16.Assertion (A): Credit plays a very important role in farmers living due to irregular income sources. Reason (R): Farmers borrows from variety of sources for variety of purposes.
17.Assertion (A): Traditionally, most credit needs of the farmers were met through institutional sources. Reason (R): "Kudumbashree' was started in 1995 in Kerala as a small saving bank for poor woman to encourage saving.
18.Assertion (A): Development of community assets in rural area is imperative for upliftment of rural society. Reason (R): The farmers in rural areas do not possess necessary assets to improve the productivity.
19.Assertion (A): Milk cooperatives of Punjab have played a key role in bringing about white revolution in the country. Reason (R): cooperative marketing is a significant progressive step in the context of agricultural market system.
20.Assertion (A): Human development in rural areas is the way to uplift the living condition of rural population. Reason (R): Rural development focuses on the keys areas of growth in agriculture in the rural economy.
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