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IBPS RRB Officer Scale 1 Rural Development — practice questions

Explore 15 free Rural Development questions in IBPS RRB Officer Scale 1 Banking Awareness. Open each question or exercise to read its content, reference answers and available explanation.

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Rural Development questions and exercises with answers

Showing questions 1–15 of 15.

NABARD was set up in which year as the apex body for rural financing?Read the answer and worked solution →India adopted social banking and a multi-agency approach to rural credit afterRead the answer and worked solution →Which of these forms part of the institutional structure of rural banking?Read the answer and worked solution →Kudumbashree, the women-oriented poverty reduction programme, is implemented inRead the answer and worked solution →The Kudumbashree thrift and credit society for poor women was started inRead the answer and worked solution →Why were many poor rural households excluded from formal credit?Read the answer and worked solution →Self-Help Groups build their lending pool mainly fromRead the answer and worked solution →Small credit provisions routed through Self-Help Groups are generally calledRead the answer and worked solution →By May 2019, roughly how many women were members of women's Self-Help Groups in India?Read the answer and worked solution →The Green Revolution changed rural credit chiefly by shifting the portfolio towardsRead the answer and worked solution →In the critical appraisal of rural banking, which institution is the noted exception on deposit mobilisation?Read the answer and worked solution →Which problem is identified as chronic in the rural banking system?Read the answer and worked solution →Under the Jan-Dhan Yojana, account holders can get an overdraft facility ofRead the answer and worked solution →Place the milestones of Indian rural credit on the timeline.Read the answer and worked solution →Tap every institution that is part of the rural banking structure.Read the answer and worked solution →

Worked practice questions

NABARD was set up in which year as the apex body for rural financing?

  1. 1969
  2. 1975
  3. 1991
  4. 1982
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Correct answer: D. 1982

1. Rural credit is delivered by many institutions at once. 2. An apex body was needed to coordinate all of them. 3. The National Bank for Agriculture and Rural Development was set up in **1982**. 4. 1969 is the year social banking was adopted, which is the neighbouring date and the usual trap. _Source: syllabus Indian Economic Development, Ch 5 "Rural Development", section 5.3 CREDIT AND MARKETING IN RURA L_

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India adopted social banking and a multi-agency approach to rural credit after

  1. 1998
  2. 1969
  3. 1982
  4. 1955
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Correct answer: B. 1969

1. Before independence, moneylenders and traders dominated rural lending. 2. The state moved to widen formal credit access. 3. Social banking and the multi-agency approach were adopted after **1969**. 4. NABARD came later, in 1982, to coordinate the agencies this approach created. _Source: syllabus Indian Economic Development, Ch 5 "Rural Development", section 5.3 CREDIT AND MARKETING IN RURA L_

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Which of these forms part of the institutional structure of rural banking?

  1. Insurance regulators
  2. Mutual fund houses
  3. Regional rural banks
  4. Stock exchanges
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Correct answer: C. Regional rural banks

1. Rural banking is delivered by a set of multi-agency institutions. 2. These are commercial banks, **regional rural banks**, cooperatives and land development banks. 3. They are expected to supply adequate credit at cheaper rates. 4. Stock exchanges and fund houses are capital-market bodies, not rural credit institutions. _Source: syllabus Indian Economic Development, Ch 5 "Rural Development", section 5.3 CREDIT AND MARKETING IN RURA L_

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