Economics · Class 11 Commerce
Ch 10Rural Economy — Class 11 Economics, concept-first.
India remains, at heart, a country of villages, and its rural economy is built around agriculture and the activities that support it — allied farming, small rural industry, trade and rural services.
Key concepts
Hover a concept to preview it and jump to its most relevant Q&A.
Role of Agriculture in the Economy
Agriculture contributes to the Indian economy in multiple, distinct ways beyond its share of GDP: it is the primary livelihood source for a large share of the workforce (creating a sectoral mismatch where workforce share…
Most relevant Q&A
- Explain the importance of agriculture in the Indian economy.Free
- (a) 'The features of Rural Economy are peculiar'. Argue. OR (b) Explain the Tourism and Transport system in Tamil Nadu.Preview
- Define Rural Economy.Preview
- (a) 'The features of Rural Economy are peculiar' - Discuss. OR (b) Explain the Law of Demand and its exceptions.Preview
- Largest area of land is used in the cultivation of (a) Paddy (b) sugarcane (c) Groundnut (d) CoconutPreview
Chapter contents
The NCERT structure, section by section. Open a section to see its questions, then read the concept-first solution.
Why the Rural Economy Matters
India remains, at heart, a country of villages, and its rural economy is built around agriculture and the activities that support it — allied farming, small rural industry, trade and rural services.
Role of Agriculture in the Indian Economy
Agriculture plays several distinct roles in the Indian economy at once, which is why its importance cannot be judged from its share of GDP alone.
The Green Revolution
By the mid-1960s, India was heavily dependent on food grain imports and had faced serious food shortages.
Land Reforms in India
At Independence, India's agrarian structure was marked by a small number of large landholders (often absentee) and a very large number of tenants and landless labourers with insecure rights over the l…
Agricultural Marketing
Agricultural marketing refers to all the activities involved in moving farm produce from the farmer's field to the final consumer — assembling, grading, storing, transporting, and selling the produce,…
Agricultural Finance and Rural Credit
Farming requires credit for seeds, fertiliser, equipment, irrigation, and to bridge the gap between the cost of cultivation and the eventual sale of the crop.
Rural Employment and Diversification
Agriculture alone cannot absorb India's entire rural workforce, particularly given seasonal unemployment (many farm activities are concentrated in specific sowing and harvest periods, leaving farm lab…
Rural Infrastructure
Agricultural and rural non-farm growth both depend heavily on the physical and financial infrastructure available in rural areas.
Exercises
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- Q1Explain the importance of agriculture in the Indian economy.Free
- Q2What is the Green Revolution? Explain its impact on Indian agriculture.Free
- Q3Explain the four components of land reforms in India.Free
- Q4Distinguish between institutional and non-institutional sources of agricultural credit.Preview
- Q5What is agricultural marketing? Explain the main problems faced by farmers in marketing their produce.Preview
- Q6Explain the role of regulated markets and cooperative marketing societies in improving agricultural marketing.Preview
- Q7What is NABARD? Explain its role in rural credit.Preview
- Q8Explain the significance of rural non-farm employment and diversification of the rural economy.Preview
- Q9Explain the role of rural infrastructure — roads, electrification, irrigation and rural banking — in agricultural and rural development.Preview
- Q10Give a short note on distress sales and how regulated markets attempt to reduce their occurrence.Preview
- Q11Why has reducing dependence on non-institutional credit been a long-standing goal of Indian rural credit policy?Preview
Sample & Board Papers
Sample papers and previous-year board questions for this subject.
+−Show 28 questionsHide questions28 questions
- Q1Identify the advantages of rural roads. (a) Rural development (b) Rural marketing (c) Rural employment (d) All the abovePreview
- Q2In which year, SHG Bank Linked programme started ? (a) 2010 (b) 2009 (c) 1992 (d) 1991Preview
- Q3What is National Rural Health Mission ?Preview
- Q4(a) 'The features of Rural Economy are peculiar'. Argue. OR (b) Explain the Tourism and Transport system in Tamil Nadu.Preview
- Q5Identify the cause for rural indebtedness in India. (a) High Productivity (b) Poverty (c) Full Employment (d) High PopulationPreview
- Q6Define Rural Economy.Preview
- Q7State the reasons for nationalization of commercial banks.Preview
- Q8Write a note on Regional Rural Banks (RRB).Preview
- Q9Agricultural Produce Market Committee (APMC) is a __________. (a) Advisory body (b) Statutory body (c) Both (a) and (b) (d) None of the abov…Preview
- Q10"The Father of Green Revolution in India" was __________. (a) Visweswaraiah (b) M.S. Swaminathan (c) N.R. Viswanathan (d) GandhiPreview
- Q11The farmers have access to credit under Kisan Credit Card Scheme through which bank ? (a) Regional Rural Banks (b) Public Sector Banks (c) C…Preview
- Q12"An Indian farmer is born in debt, lives in debt, dies in debt and bequeaths debt" - who said this ? (a) Amartya Sen (b) Adam Smith (c) Sir…Preview
- Q13State the various components of Central Government schemes under post-harvest measures.Preview
- Q14Write a short note on Village Sarvodhaya.Preview
- Q15List out the objectives of MUDRA Bank.Preview
- Q16(a) 'The features of Rural Economy are peculiar' - Discuss. OR (b) Explain the Law of Demand and its exceptions.Preview
- Q17Identify the year of launch of MUDRA Bank : (a) 2010 (b) 2000 (c) 2015 (d) 2005Preview
- Q18Match the following : | | Column A | | Column B | | --- | --- | --- | --- | | (1) | Blue Revolution | (i) | Oil seeds | | (2) | Yellow Revol…Preview
- Q19Write a short note on Village Sarvodhaya.Preview
- Q20Mention the features of SHG.Preview
- Q21(a) Explain the objectives of nationalization of Commercial banks. OR (b) Describe the salient features of EXIM policy (2015 - 2020).Preview
- Q22(a) Analyse the causes for Rural Indebtedness. OR (b) Explain the various sources of energy in Tamil Nadu.Preview
- Q23Give a short note on Cold Storage.Preview
- Q24State the remedial measures for Rural Unemployment.Preview
- Q25Largest area of land is used in the cultivation of (a) Paddy (b) sugarcane (c) Groundnut (d) CoconutPreview
- Q26What is Green Revolution?Preview
- Q27Write a short note on village sarvodaya.Preview
- Q28(a) Explain the role of SSIs in economic development? OR (b) Write a brief note on the Gandhian economic ideas.Preview