Choose the correct option and rewrite the sentence:
1. Short term loans not exceeding two years are taken ___________
(a) to buy tractor
(b) to make improvements on land
(c) for meeting expenses on religious or social ceremonies
(d) for digging up of canals
2. Non-institutional sources of agricultural credit are related to ___________
(a) the loan provided by landlords, moneylenders, traders, etc.
(b) NABARD, which is an apex institution in rural credit structure.
(c) Rural Co-operative credit institutions.
(d) Commercial banks establish branches to provide credit.
3. The service sector termed as ‘tertiary sector’ ___________
(a) has been subdivided into agriculture and allied activities.
(b) includes transport, restaurants, tourism, etc.
(c) is concerned with the processing of raw materials.
(d) consists of the plantation, forestry, fisheries, dairy, etc.
4. Rural development leads to an increase in rural incomes and standard of living.
(a) It is related to only agricultural development.
(b) Indian economy is predominantly an urban economy.
(c) Credit has to be used for personal consumption only.
(d) This helps in the eradication of poverty.
5. Agricultural policies have been reviewed from time to time.
(a) so as there are adequate savings to finance farming.
(b) as India’s economic growth depends upon agricultural development only.
(c) so as to provide adequate and timely finance to the rural sector.
(d) so as to restrict money lenders from charging a high rates of interest.
