← All questionsGS3 · 2014 · Agriculture ·Agricultural Credit
QUESTION 5
GS3
12.5 marks

‘In the villages itself no form of credit organization will be suitable except the cooperative society.’ — All India Rural Credit Survey. Discuss this statement in the background of agricultural finance in India. What constraints and challenges do financial institutions supplying agricultural finance face? How can technology be used to better reach and serve rural clients?

WRITE IN
9 min
200 words
☆ Save✎ Write this answer

What the examiner wants

Discuss the exact proposition in the PYQ — “‘In the villages itself no form of credit organization will be suitable except the cooperative society.’ — All India Rural Credit Survey. Discuss this statement in the background of agricultural finance in India. What constraints…” — using concept/chronology or mechanism, evidence on both sides where relevant, and a conclusion that answers the directive rather than merely describing Agricultural Credit.

DiscussExplain the different sides of the issue, use evidence, and finish with a balanced view.

Demand-wise check

  1. 1For the prompt cue ‘‘In the villages itself no form of credit organization will be suitable except the cooperative society.’ — All India Rural Credit’, directly answer: ‘In the villages itself no form of credit organization will be suitable except the cooperative society.’ — All India Rural Credit Survey≈45 words
  2. 2For the prompt cue ‘‘In the villages itself no form of credit organization will be suitable except the cooperative society.’ — All India Rural Credit’, directly answer: Discuss this statement in the background of agricultural finance in India≈45 words
  3. 3For the prompt cue ‘‘In the villages itself no form of credit organization will be suitable except the cooperative society.’ — All India Rural Credit’, directly answer: What constraints and challenges do financial institutions supplying agricultural finance face?≈45 words

Open in about 30 words and close in about 30.

Answer plan

Define/contextualise Agricultural CreditExplain mechanism/chronologyQuestion-specific evidence/examplesImplicationsConcise conclusion

Where marks usually go

  • For the prompt cue ‘‘In the villages itself no form of credit organization will be suitable except the cooperative society.’ — All India Rur’, avoid a generic note on Agricultural Credit; answer the actual wording/directive and the Agricultural Credit proposition
  • For the prompt cue ‘‘In the villages itself no form of credit organization will be suitable except the cooperative society.’ — All India Rur’, do not add examples around Agricultural Credit unless they prove, qualify or rebut the proposition asked

Value addition

  • Mechanism flowchart: policy/input → transmission channel → outcome → risk
    → Draw it in the body, next to the point it supports.

Official source anchors

These are authoritative sources selected for this exact PYQ. Where a card is an official-domain anchor rather than a fact-level citation, verify the precise provision, definition or data point on the linked source before using it.