CBSE 2025 · Region 6 · Set 1 · Q34 · 4 marks

Read the following source and answer the questions that follow : Besides banks, the other major source of cheap credit in rural areas are the co-operative societies. Members of a co-operative pool their resources for co-operation in certain areas. There are several types of co-operatives possible such as farmers co-operatives, weavers co-operatives, industrial workers co-operatives etc. Krishak Co-operative functions in a village not very far away from Sonpur. It has $\displaystyle 2300$ farmers as members. It accepts deposits from its members. With these deposits as collateral, the co-operative has obtained a large loan from the bank. These funds are used to provide loans to members. Once these loans are repaid, another round of lending can take place. Krishak Co-operative provides loans for the purchase of agriculture equipments, loans for cultivation and agricultural trade, fishery loans, loans for constructions of houses and for variety of other expenses. ($\displaystyle 34.1$) Which sector includes credit facilities offered by Co-operative Societies? ($\displaystyle 34.2$) How do Self-Help Groups access external funding ? ($\displaystyle 34.3$) Explain the functioning of Co-operative Societies.

CBSE Class 10 Social Science past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.