ECONOMIC FEATURES
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Rural Banking (Elective) — CAIIB.
One-liners from this chapter
Free sample — 8 of 66 rapid-fire Q&A cards.
What percentage of India's population resides in rural areas as per recent census data?
Approximately 65-70% of India's population resides in rural areas, making rural development a critical priority for inclusive economic growth.
What is the approximate share of rural households dependent on agriculture for their primary income?
About 50 percent of rural households depend on agriculture.
What is the primary occupation of the majority of rural population in India?
Agriculture and allied activities (including animal husbandry, fisheries, and forestry) form the primary occupation of the majority of India's rural population.
What is the average size of landholding in rural India considered economically unviable?
Holdings below one hectare are considered economically unviable.
What does the term 'disguised unemployment' refer to in the context of Indian rural economy?
Disguised unemployment refers to a situation where more people are employed in agriculture than actually required, resulting in zero or negligible marginal productivity of labour.
What term describes farmers who own less than one hectare of land in India?
They are called marginal farmers in official classification.
Which sector contributes the most to rural livelihoods in India beyond farming?
Non-farm activities such as agro-processing, rural trade, cottage industries, and construction contribute significantly to rural livelihoods beyond primary farming.
What is the share of small and marginal farmers in total agricultural households in India?
Small and marginal farmers constitute over 85 percent of all farmers.
Video classes for this chapter
More chapters in Module A - Rural India
Master the full RB syllabus
Every chapter of Rural Banking (Elective) — videos, tests, notes and one-liner decks in one place.