(a) (i) Explain the role of education in the economic development of the nation. (ii) State the importance of rural banking in an economy like India.

Education provides knowledge to understand changes in society and scientific advancements. It stimulates inventions and innovations in the economy. Similarly, the availability of educated labour force facilitates adaptation to new technologies. Technical skills acquired through education provide an opportunity to make better use of given resources thereby promoting economic development of the nation.

Rural banking is important for an economy like India as it ensures -

A casual wage labourer is a person who is casually engaged in others’ farm or non-farm enterprises.

The Education Commission ($\displaystyle 1964$–$\displaystyle 66$) had recommended that at least $\displaystyle 6$ % of GDP should be spent on education.

This is required to make a noticeable rate of growth in educational achievements. This was expected to raise the academic standard in the post-independence era.

One of the strategies to ensure sustainable development depicted in the given image is the usage of wind energy. Wind power is a popular source of sustainable renewable energy. In the areas where speed of wind is usually high, wind mills can provide electricity without any adverse impact on environment.