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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.

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Key concepts

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Chapter contents

The NCERT structure, section by section. Open a section to see its questions, then read the concept-first solution.

1

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.

2

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.

3

The Green Revolution

By the mid-1960s, India was heavily dependent on food grain imports and had faced serious food shortages.

4

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…

5

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,…

6

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.

7

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…

8

Rural Infrastructure

Agricultural and rural non-farm growth both depend heavily on the physical and financial infrastructure available in rural areas.

Exercises

Sample & Board Papers

Sample papers and previous-year board questions for this subject.

+Show 28 questions28 questions
  1. Q1Identify the advantages of rural roads. (a) Rural development (b) Rural marketing (c) Rural employment (d) All the abovePreview
  2. Q2In which year, SHG Bank Linked programme started ? (a) 2010 (b) 2009 (c) 1992 (d) 1991Preview
  3. Q3What is National Rural Health Mission ?Preview
  4. Q4(a) 'The features of Rural Economy are peculiar'. Argue. OR (b) Explain the Tourism and Transport system in Tamil Nadu.Preview
  5. Q5Identify the cause for rural indebtedness in India. (a) High Productivity (b) Poverty (c) Full Employment (d) High PopulationPreview
  6. Q6Define Rural Economy.Preview
  7. Q7State the reasons for nationalization of commercial banks.Preview
  8. Q8Write a note on Regional Rural Banks (RRB).Preview
  9. Q9Agricultural Produce Market Committee (APMC) is a __________. (a) Advisory body (b) Statutory body (c) Both (a) and (b) (d) None of the abov…Preview
  10. Q10"The Father of Green Revolution in India" was __________. (a) Visweswaraiah (b) M.S. Swaminathan (c) N.R. Viswanathan (d) GandhiPreview
  11. 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
  12. 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
  13. Q13State the various components of Central Government schemes under post-harvest measures.Preview
  14. Q14Write a short note on Village Sarvodhaya.Preview
  15. Q15List out the objectives of MUDRA Bank.Preview
  16. Q16(a) 'The features of Rural Economy are peculiar' - Discuss. OR (b) Explain the Law of Demand and its exceptions.Preview
  17. Q17Identify the year of launch of MUDRA Bank : (a) 2010 (b) 2000 (c) 2015 (d) 2005Preview
  18. Q18Match the following : | | Column A | | Column B | | --- | --- | --- | --- | | (1) | Blue Revolution | (i) | Oil seeds | | (2) | Yellow Revol…Preview
  19. Q19Write a short note on Village Sarvodhaya.Preview
  20. Q20Mention the features of SHG.Preview
  21. Q21(a) Explain the objectives of nationalization of Commercial banks. OR (b) Describe the salient features of EXIM policy (2015 - 2020).Preview
  22. Q22(a) Analyse the causes for Rural Indebtedness. OR (b) Explain the various sources of energy in Tamil Nadu.Preview
  23. Q23Give a short note on Cold Storage.Preview
  24. Q24State the remedial measures for Rural Unemployment.Preview
  25. Q25Largest area of land is used in the cultivation of (a) Paddy (b) sugarcane (c) Groundnut (d) CoconutPreview
  26. Q26What is Green Revolution?Preview
  27. Q27Write a short note on village sarvodaya.Preview
  28. Q28(a) Explain the role of SSIs in economic development? OR (b) Write a brief note on the Gandhian economic ideas.Preview