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Economics · 2024 · 3 marks
CBSE 2024 · Region 2 · Set 1 · Q28
(a) “Self-Help Groups provide stimulus to socio-economic development in rural areas.” Justify the given statement with valid explanation.
(a)
“Self-Help Groups provide stimulus to socio-economic development in rural areas.”
Justify the given statement with valid explanation.
OR
(b)
“The Government of India has taken various measures to align the agricultural marketing system with the growing production activities in the rural areas.”
Do you agree with the given statement ? Give any two valid reasons in support of your answer.
Marking-scheme solution
Self-help groups (SHGs) have emerged to fill the gap in the formal credit system in rural India. The formal credit delivery mechanism in India is inadequate and has not been fully integrated into overall rural society. SHGs provide funds at concessional rates to the rural households. In addition to this, SHGs provide support to women for the establishment of small businesses leading to employment generation and women empowerment.
Hence, Self-Help Groups provide stimulus to socio-economic development in rural areas.
Yes. The Government of India has taken various measures to align the agricultural marketing system such as:
For the welfare of farmers as well as consumers, various market regulations were initiated to create orderly and transparent marketing conditions.
The government took measures to enhance infrastructural amenities such as roads, railways, warehouses, cold storage facilities, and processing units to meet the growing demand.
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CBSE Class 12 Economics past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.