Commerce Exam > Commerce Videos > Economics Class 12 > Rural Credit and Needs for Rural Credit/Agriculture Finance
Rural Credit and Needs for Rural Credit/Agriculture Finance Video Lecture | Economics Class 12 - Commerce
|
64 videos|275 docs|52 tests
|
FAQs on Rural Credit and Needs for Rural Credit/Agriculture Finance Video Lecture - Economics Class 12 - Commerce
| 1. What is rural credit? |  |
Ans. Rural credit refers to the financial services provided to individuals and communities living in rural areas, particularly farmers and agricultural workers. These services include loans, savings accounts, and other financial products tailored to meet the needs of the rural population.
| 2. Why is rural credit important? | |
Ans. Rural credit is important because it plays a vital role in supporting agricultural activities and rural development. It provides farmers with the necessary funds to purchase seeds, fertilizers, and equipment, enabling them to improve productivity and increase their income. Additionally, rural credit helps to reduce poverty, stimulate economic growth in rural areas, and bridge the gap between urban and rural regions.
| 3. What are the needs for rural credit in agriculture finance? | |
Ans. The needs for rural credit in agriculture finance are manifold. Farmers require credit to purchase agricultural inputs such as seeds, fertilizers, and pesticides. They also need credit for machinery and equipment, land development, and irrigation facilities. Furthermore, rural credit is crucial for crop diversification, livestock rearing, and post-harvest management. Overall, access to affordable and timely credit is essential for farmers to sustain and expand their agricultural activities.
| 4. What are the challenges faced in providing rural credit? | |
Ans. There are several challenges faced in providing rural credit. One major challenge is the lack of proper infrastructure, including banking facilities, in remote rural areas. Limited financial literacy among rural populations also poses a challenge, as it may deter individuals from seeking credit or understanding the terms and conditions associated with it. Additionally, the unpredictable nature of agriculture, such as weather-related risks and market fluctuations, makes it difficult for financial institutions to assess creditworthiness and offer suitable credit products to farmers.
| 5. How can rural credit be made more accessible to farmers? | |
Ans. To make rural credit more accessible to farmers, various measures can be taken. Firstly, expanding banking infrastructure in rural areas and promoting the use of digital banking technologies can help overcome geographical barriers. Secondly, financial literacy programs should be conducted to educate farmers about the benefits and risks associated with credit. Furthermore, the development of agricultural credit cooperatives and self-help groups can facilitate easier access to credit for farmers. Lastly, government policies and initiatives, such as interest rate subsidies, loan waivers, and crop insurance schemes, can also contribute to increasing the accessibility of rural credit.
Related Exams
About this Video
|
4.66/5 Rating |
|
Dec 22, 2024 Last updated |
Video Description: Rural Credit and Needs for Rural Credit/Agriculture Finance for Commerce 2024 is part of Economics Class 12 preparation.
The notes and questions for Rural Credit and Needs for Rural Credit/Agriculture Finance have been prepared according to the Commerce exam syllabus.
Information about Rural Credit and Needs for Rural Credit/Agriculture Finance covers all important topics for Commerce 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Rural Credit and Needs for Rural Credit/Agriculture Finance.
Introduction of Rural Credit and Needs for Rural Credit/Agriculture Finance in English is available as part of our Economics Class 12 for Commerce & Rural Credit and Needs for Rural Credit/Agriculture Finance in
Hindi for Economics Class 12 course. Download more important topics related with notes, lectures and mock test series for
Commerce Exam by signing up for free.
Description
Video Lecture & Questions for Rural Credit and Needs for Rural Credit/Agriculture Finance Video Lecture | Economics Class 12 - Commerce - Commerce full syllabus preparation | Free video for Commerce exam to prepare for Economics Class 12.
Information about Rural Credit and Needs for Rural Credit/Agriculture Finance
Here you can find the meaning of Rural Credit and Needs for Rural Credit/Agriculture Finance defined & explained in the simplest way possible.
Besides explaining types of Rural Credit and Needs for Rural Credit/Agriculture Finance theory, EduRev gives you an ample number of questions to practice Rural Credit and Needs for Rural Credit/Agriculture Finance tests,
examples and also practice Commerce tests.
|
64 videos|275 docs|52 tests
|
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Rural Credit and Needs for Rural Credit/Agriculture Finance Video Lecture | Economics Class 12 - Commerce
,Sample Paper
,Semester Notes
,Rural Credit and Needs for Rural Credit/Agriculture Finance Video Lecture | Economics Class 12 - Commerce
,Important questions
,past year papers
,study material
,Extra Questions
,MCQs
,Summary
,Viva Questions
,Objective type Questions
,Free
,Previous Year Questions with Solutions
,Exam
,practice quizzes
,Rural Credit and Needs for Rural Credit/Agriculture Finance Video Lecture | Economics Class 12 - Commerce
,mock tests for examination
,video lectures
,ppt
,shortcuts and tricks
;
Study Rural Credit and Needs for Rural Credit/Agriculture Finance on the App
Students of Commerce can study Rural Credit and Needs for Rural Credit/Agriculture Finance alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Rural Credit and Needs for Rural Credit/Agriculture Finance,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Rural Credit and Needs for Rural Credit/Agriculture Finance is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup