The duration of short-term credit is
Anonymous Quiz
70%
6 to 12 months
12%
2 to 5 years
5%
5 to 20 years
13%
12 months to 5 years
👍2
Which approach was adopted by India in 1969 to meet the needs of rural credit?
Anonymous Quiz
14%
Social banking
16%
Multi-agency
69%
Both a and b
1%
None of these
👍3
Short term credit is required for
Anonymous Quiz
7%
Construction offense
75%
Purchasing inputs like seeds, fertilizers, etc
8%
For purchasing land or tractor
10%
None of these
👍2
The duration of medium-term credit is
Anonymous Quiz
17%
6 to 12 months
55%
2 to 5 years
6%
5 to 20 years
22%
12 months to 5 years
👍1
Medium-term credit is required for
Anonymous Quiz
35%
Construction of fence
32%
Purchasing inputs like seeds, fertilizers, etc
30%
For purchasing land or tractor
4%
None of these
👍2
Long term credit is required for
Anonymous Quiz
11%
Construction of fence
19%
Purchasing inputs like seeds, fertilizers, etc
67%
For purchasing land or tractor
3%
None of these
👍3
The duration of long-term credit is
Anonymous Quiz
12%
6 to 12 months
19%
2 to 5 years
62%
5 to 20 years
7%
12 months to 5 years
👍1
Non-institutional source of rural credit includes
Anonymous Quiz
49%
Money lenders
18%
Commercial banks
23%
Regional Rural banks
11%
None of these
👍1
Institutional source of rural credit includes
Anonymous Quiz
12%
Money lenders
14%
Landlords
69%
Regional Rural banks
5%
None of these
👍3
Cooperative Credit societies ensure:
Anonymous Quiz
12%
Timely and rapid flow of credit to farmers
16%
Guidance in diverse agricultural operations
7%
Elimination of the money lenders
65%
All of these
👍2
The apex funding agency for providing rural credit is
Anonymous Quiz
17%
Regional Rural Bank
58%
NABARD
16%
SBI
8%
None of these
👍3
The main function of NABARD is
Anonymous Quiz
19%
Serves as an apex funding agency
9%
Coordinate the rural financing activities
7%
Monitor and evaluate the refunded projects
65%
All of these
👍2
In SHGs the credit is offered
Anonymous Quiz
14%
Without collateral
11%
Moderate Rate of Interest
72%
Both a and b
2%
None of these
👍2
The reason of Distress sale is
Anonymous Quiz
20%
Farmers need cash immediately for paying debts
13%
High Storage cost
4%
Lack of Storage facilities
63%
All of these
👍1
Rural development is an action plan to improve ____ aspects of life.
Anonymous Quiz
20%
Some
62%
All
15%
Few
2%
None of these
👍2
Cash flow statement is prepared for financial planning of
Anonymous Quiz
31%
Long range
27%
Medium range
36%
Short range
5%
Very Long range
👍2
Which of the following is source of cash?
Anonymous Quiz
25%
Cash deposited into Bank
17%
Cash withdrawn from Bank
33%
Sale of Goods costing ₹10,000 for ₹8,000
26%
Sale of marketable securities for cash
👍2
Which of the following is not application of cash?
Anonymous Quiz
23%
Increase in Debtors
25%
Increase in Inventory
35%
Increase in Bills Payable
18%
Increase in Prepaid Expenses
👍1
While calculating operating profit which will be added to net profit:
Anonymous Quiz
15%
Preliminary Expenses Written off
22%
Depreciation
19%
Loss on Sale of Asset
45%
All of the Above
👍3
While calculating operating profit which will be added to net profit
Anonymous Quiz
34%
Profit on Sale of Asset
33%
Increase in General Reserves
19%
Interest received
15%
Refund of Tax
👍1