Indian Economic Development

Rural Development

Easy

For which sector's produce, the government declares minimum support price.

Industrial sector produce

Agricultural sector produce

Service sector produce

Produced from small and medium enterprises

✅ Correct Option: 2

The Minimum Support Price is a government guarantee to farmers to protect them from sharp price falls, and it applies to agricultural sector produce such as crops.

2023: 30 May Shift 1

The National Bank for Agriculture & Rural Development (NABARD) was set-up as an apex body to :

2026: 13 May Shift 1

The portion of agricultural produce which is sold in the market by the farmers is called?

2026: 19 May Shift 2

Figure out the source of informal rural credit from the following.

2022: 10 Aug Shift 2

Which one of the following is the apex body to coordinate the activities of all institutions involved in the rural financing system ?

2023: 29 May Shift 2

Match List I with List II

	LIST I		LIST II
A.	NABARD	I.	Women-oriented community based poverty reduction program
B.	Kudumbashree	II.	Uses the mixed crop-live stock farming system
C.	Animal Husbandary	III.	HYV seeds, chemical fertilisers,
D.	Organic farming	IV.	Set up in 1982

Choose the correct answer from the options given below:

2025: 3 June Shift 1

The minimum assured price offered by the government to the farmers for the purchase of their output is called?

For which sector's produce, the government declares minimum support price.

Solution

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