Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

Match the following:

1. Minimum Support Price (MSP) A. Distribution of food grains and sugars
2. Public distribution system (PDS) B. Credit scheme to poor through SHGs
3. Micro credit C. Assured prices by government to farmers 
4. Rural development D. Improving the real India
Options:

1-B, 2-A, 3-C, 4-D

1-B, 2-D, 3-C, 4-A

1-C, 2-A, 3-B, 4-D

1-A, 2-C, 3-D, 4-B

Correct Answer:

1-C, 2-A, 3-B, 4-D

Explanation:

Minimum Support Price (MSP) is an assurance given by the government to the farmers for buying their crops if there is a steep fall in the market rates.

Public distribution system (PDS) is a medium of distribution through which the government distributes ration at a very nominal price.

Micro credit is a credit scheme extended to the poor through self-help groups.

Rural development means improving the lives of rural people and the real India.