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Economics: Small and Large Farmers in India

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Economics: Small and Large Farmers in India

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Questions and Answers

What is essential for the expansion of non-farm activities in a village?

Having a large population

Having a large number of educational facilities

Having a large area of cultivated land

Having markets to sell goods and services (correct)

Why is it important to have loan available at a low rate of interest?

To increase the number of factories

To enable people without savings to start non-farm activities (correct)

To reduce the number of farmers

To increase the cost of production

What is a major factor that can increase the opportunities for non-farm activities in a village?

Increase in the number of farmers

Increase in the number of factories

Good roads, transport, and telephone connectivity (correct)

Increase in the cost of production

What is a key requirement for modern farming methods?

More inputs manufactured in industry Signup and view all the answers

Why is it important to increase the area under irrigation?

To increase agricultural production Signup and view all the answers

What is a major challenge faced by people who want to start non-farm activities in a village?

Limited access to loans Signup and view all the answers

How can the spread of electricity help farmers in a village?

By providing power for irrigation pumps Signup and view all the answers

What is a major benefit of having good roads, transport, and telephone connectivity in a village?

Increased opportunities for non-farm activities Signup and view all the answers

What is a key factor that can influence the expansion of non-farm activities in a village?

The availability of markets Signup and view all the answers

Why is it important to have a mix of non-farm and farm activities in a village?

To provide diverse sources of income Signup and view all the answers