Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

Which of the following given statement is not correct?

Options:

National Bank for Agriculture and Rural Development (NABARD) was set up in 1982 as an apex body to coordinate the activities of all institutions involved in the rural financing system.

In organic farming, only short term fertility of the soil is maintained.

Diversification of agricultural activities is important for rural people.

None of the above

Correct Answer:

In organic farming, only short term fertility of the soil is maintained.

Explanation:

The correct answer is Option 2: In organic farming, only short term fertility of the soil is maintained.

Explanation:

  • Option 1: Correct. National Bank for Agriculture and Rural Development (NABARD) was indeed set up in 1982 as an apex body to coordinate rural financing activities, so this statement is correct.

  • Option 2: IncorrectIn organic farming, the goal is to maintain long-term soil fertility through natural processes, such as composting and crop rotation. Organic farming practices are designed to build and sustain soil health over the long term, rather than just focusing on short-term fertility.

  • Option 3: Correct. Diversification of agricultural activities is crucial for rural people as it helps in reducing risk, improving income stability, and enhancing food security, making this statement correct.