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Economics · 2023 · 1 mark
CBSE 2023 · Region 3 · Set 1 · Q21
Micro credit programmes play a vital role in ensuring an overall development of the rural economy as they ____________.(Choose the correct alternative to fill up the blank)(i)provide financial support(ii)lead to women empowerment(iii)enhance the reach of formal credit systemAlternatives :____________ revolution was the harbinger of major changes in the credit system as it led to diversification of the portfolio of rural credit towards production-oriented lending.(Choose the correct alternative to fill up the blank)
Micro credit programmes play a vital role in ensuring an overall development of the rural economy as they ____________.
(Choose the correct alternative to fill up the blank)
(i)
provide financial support
(ii)
lead to women empowerment
(iii)
enhance the reach of formal credit system
Alternatives :
____________ revolution was the harbinger of major changes in the credit system as it led to diversification of the portfolio of rural credit towards production-oriented lending.
(Choose the correct alternative to fill up the blank)
Official answer
From CBSE’s own marking scheme for this paper.
(A) → (D)
(B) → (D)
Marking-scheme solution
Branch (A) : (D) (i), (ii) and (iii)
OR
Branch (B) : (D) GreenMore from Rural Development
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CBSE Class 12 Economics past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.