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EconomicsCBSE Class 12 · Sample paper, session 2023-24 · 4 marks · Very short answer

CBSE Class 12 Economics sample paper 2023-24: question 31(A)

From the official CBSE sample question paper for 2023-24, section B, question 31(A), for 4 marks. Try it first; the hints and our step-by-step solution are below.

Q31(A) · 4 marks · Very short answerRural Development

State and elaborate whether the following statements are true or false, with valid arguments:

  1. (i)

    Agricultural marketing is a process that ensures the transportation of various agricultural commodities only.

    2 marks
  2. (ii)

    Jan-Dhan Yojana has been a crucial step for financial resource mobilization in the Indian economy.

    2 marks

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2023-24.

Hints

Open one hint at a time and try again before the next.

Hint 1

List all the steps from farm to buyer.

Hint 2

What did Jan-Dhan accounts do for rural savings?

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. (i) False. Agricultural marketing is not just transport.

    1 mark
  2. It covers assembling, storage, processing, transportation, packaging, grading and distribution of agricultural produce across the country.

    1 mark
  3. (ii) True. Jan-Dhan Yojana opened bank accounts for millions, especially in rural areas.

    1 mark
  4. It promoted the habit of saving and better allocation of financial resources, and the formal banking system mobilised a substantial amount of deposits through it.

    1 mark

Answer: (i) False: marketing covers assembling, storage, processing, transport, packaging, grading, distribution. (ii) True: Jan-Dhan accounts mobilised savings.

Where the marks are

  • Each statement judged with argument (2 + 2)

Revise the chapter

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.