Plus one / 11th Economics - Book Back Answers - Unit 10 - English Medium
Unit 10:Rural Economy
Tamil Nadu Board 11th Standard Economics - Unit 10 : Book Back Answers and Solutions
This post covers the book back answers and solutions for Unit 10 – Economics from the Tamil Nadu State Board 11th Standard textbook. These detailed answers have been carefully prepared by our expert teachers at KalviTips.com.
We have explained each answer in a simple, easy-to-understand format, highlighting important points step by step under the relevant subtopics. Students are advised to read and memorize these subtopics thoroughly. Once you understand the main concepts, you’ll be able to connect other related points with real-life examples and confidently present them in your tests and exams.
By going through this material, you’ll gain a strong understanding of Economics Unit 10 along with the corresponding book back questions and answers (PDF format).
Question Types Covered:
- 1 Mark Questions: Choose the correct answer, Fill in the blanks, Identify the correct statement, Match the following
- 2 Mark Questions: Answer briefly
- 3, 4, and 5 Mark Questions: Answer in detail
All answers are presented in a clear and student-friendly manner, focusing on key points to help you score full marks.
All the best, Class 11 students! Prepare well and aim for top scores. Thank you!
Unit 10:Rural Economy
I. Multiple Choice questions.
1. Which is considered as the basic unit for rural areas?
a. Panchayat
b. Village
c. Town
d. Municipality
Answer Key:
b. Village
2. Which feature is identified with rural areas?
a. Low population density
b. High population density
c. Low natural resources
d. Low human resources
Answer Key:
a. Low population density
3. Identify the feature of rural economy.
a. Dependence on agriculture
b. High population density
c. Low level of population
d. Low level of inequality
Answer Key:
a. Dependence on agriculture
4. What percentage of the total population live in rural area, as per 2011 censes?
a. 40
b. 50
c. 60
d. 70
Answer Key:
c. 60
5. How do you term people employed in excess over and above the requirements?
a. Unemployment
b. Underemployment or Disguised Unemployment
c. Full employment
d. Self-employment
Answer Key:
b. Underemployment or Disguised Unemployment
6. What is the term used to denote the coexistence of two different features in an economy?
a. Technology
b. Dependency
c. Dualism
d. Inequality
Answer Key:
c. Dualism
7. The process of improving the rural areas, rural people and rural living is defined as
a. Rural economy
b. Rural economics
c. Rural employment
d. Rural development
Answer Key:
d. Rural development
8. Identify the agriculture related problem of rural economy.
a. Poor communication
b. Small size of landholding
c. Rural poverty
d. Poor banking network
Answer Key:
b. Small size of landholding
9. The recommended nutritional intake per person in rural areas.
a. 2100 calories
b. 2100 calories
c. 2300 calories
d. 2400 calories
Answer Key:
d. 2400 calories
10. Indicate the cause for rural poverty.
a. Lack of non-farm employment
b. High employment
c. Low inflation rate
d. High investment.
Answer Key:
a. Lack of non-farm employment
11. What is the other name for concealed unemployment?
a. Open
b. Disguised
c. Seasonal
d. Rural
Answer Key:
b. Disguised
12. How do you term the employment occurring only on a particular season?
a. Open
b. Disguised
c. Seasonal
d. Rural
Answer Key:
c. Seasonal
13. Identify an example for rural industries?
a. Sugar factory
b. Mat making industry
c. Cement industry
d. Paper industry
Answer Key:
b. Mat making industry
14. How much share of rural families in India is in debt?
a. Half
b. One fourth
c. Two third
d. Three fourth
Answer Key:
d. Three fourth
15. Identify the cause for rural indebtedness in India.
a. Poverty
b. High population
c. High productivity
d. Full employment
Answer Key:
a. Poverty
16. In which year, Regional Rural Banks came into existence?
a. 1965
b. 1970
c. 1975
d. 1980
Answer Key:
c. 1975
17. Identify the year of launch of MUDRA Bank?
a. 1995
b. 2000
c. 2010
d. 2015
Answer Key:
d. 2015
18. Identify the year in which National Rural Health Mission was launched.
a. 2000
b. 2005
c. 2010
d. 2015
Answer Key:
b. 2005
19. Identify the advantages of rural roads.
a. Rural marketing
b. Rural employment
c. Rural development
d. All the above
Answer Key:
d. All the above
20. “ An Indian farmer is born in debt, lives in debt, dies in debt and bequeaths debt”-who said this?
a. Adam Smith
b. Gandhi
c. Amartya Sen
d. Sir Malcolm Darling
Answer Key:
d. Sir Malcolm Darling
a. Panchayat
b. Village
c. Town
d. Municipality
Answer Key:
b. Village
2. Which feature is identified with rural areas?
a. Low population density
b. High population density
c. Low natural resources
d. Low human resources
Answer Key:
a. Low population density
3. Identify the feature of rural economy.
a. Dependence on agriculture
b. High population density
c. Low level of population
d. Low level of inequality
Answer Key:
a. Dependence on agriculture
4. What percentage of the total population live in rural area, as per 2011 censes?
a. 40
b. 50
c. 60
d. 70
Answer Key:
c. 60
5. How do you term people employed in excess over and above the requirements?
a. Unemployment
b. Underemployment or Disguised Unemployment
c. Full employment
d. Self-employment
Answer Key:
b. Underemployment or Disguised Unemployment
6. What is the term used to denote the coexistence of two different features in an economy?
a. Technology
b. Dependency
c. Dualism
d. Inequality
Answer Key:
c. Dualism
7. The process of improving the rural areas, rural people and rural living is defined as
a. Rural economy
b. Rural economics
c. Rural employment
d. Rural development
Answer Key:
d. Rural development
8. Identify the agriculture related problem of rural economy.
a. Poor communication
b. Small size of landholding
c. Rural poverty
d. Poor banking network
Answer Key:
b. Small size of landholding
9. The recommended nutritional intake per person in rural areas.
a. 2100 calories
b. 2100 calories
c. 2300 calories
d. 2400 calories
Answer Key:
d. 2400 calories
10. Indicate the cause for rural poverty.
a. Lack of non-farm employment
b. High employment
c. Low inflation rate
d. High investment.
Answer Key:
a. Lack of non-farm employment
11. What is the other name for concealed unemployment?
a. Open
b. Disguised
c. Seasonal
d. Rural
Answer Key:
b. Disguised
12. How do you term the employment occurring only on a particular season?
a. Open
b. Disguised
c. Seasonal
d. Rural
Answer Key:
c. Seasonal
13. Identify an example for rural industries?
a. Sugar factory
b. Mat making industry
c. Cement industry
d. Paper industry
Answer Key:
b. Mat making industry
14. How much share of rural families in India is in debt?
a. Half
b. One fourth
c. Two third
d. Three fourth
Answer Key:
d. Three fourth
15. Identify the cause for rural indebtedness in India.
a. Poverty
b. High population
c. High productivity
d. Full employment
Answer Key:
a. Poverty
16. In which year, Regional Rural Banks came into existence?
a. 1965
b. 1970
c. 1975
d. 1980
Answer Key:
c. 1975
17. Identify the year of launch of MUDRA Bank?
a. 1995
b. 2000
c. 2010
d. 2015
Answer Key:
d. 2015
18. Identify the year in which National Rural Health Mission was launched.
a. 2000
b. 2005
c. 2010
d. 2015
Answer Key:
b. 2005
19. Identify the advantages of rural roads.
a. Rural marketing
b. Rural employment
c. Rural development
d. All the above
Answer Key:
d. All the above
20. “ An Indian farmer is born in debt, lives in debt, dies in debt and bequeaths debt”-who said this?
a. Adam Smith
b. Gandhi
c. Amartya Sen
d. Sir Malcolm Darling
Answer Key:
d. Sir Malcolm Darling
II. Answer the following questions in one or two sentences.
21. Define Rural Economy.- Rural economy refers to the economy of villages.
- Rural development is a process of improving the rural areas, rural people and rural living.
- An individual fails to earn sufficient income to buy the basic minimum of subsistence.
- In Open Unemployment, unemployed persons are identified as they remain without work.
- A situation more people are employed than are required and their marginal productivity is zero.
- Cottage industries are generally associated with agriculture and provide both part- time and full-time jobs in rural areas.
- Examples: Pottery, Basket Weaving
- Micro finance, also known as micro credit, is a financial service that offers loans, savings and insurance to entrepreneurs.
- Lack of proper water supply
- Lack of good sanitation and
- To provide electricity to agricultural operations
- To enhance agricultural productivity,
- Lack of Funds
- Inter-state Disputes
III. Answer the following questions in one paragraph.
31. State the importance of Rural Development.- The rural economy supports the urban sectors
- Providing gainful employment in rural areas and improving overall food production.
- Rural-urban migration can be reduced
- The distribution of land is highly unfair in rural areas.
- Non-farm employment opportunities do not match the increasing labour force.
- Low productivity of rural labour
- Creation of employment opportunities.
- To help the poor to become more productive.
- Effective implementation of assets.
- To reduce the seasonal unemployment rural people should be encouraged to adopt subsidiary occupations.
- The increased cropping intensity creates additional demand for labour.
- To provide employment new industries should be set up in rural areas.
- Regional Rural Banks came into existence in 1975.
- At present, there are 64 Regional Rural Banks in India.
- To develop rural economy by providing credit and,Other facilities to the farmers.
- SHG is generally an economically homogeneous group
- Most SHGs are women’s groups with membership ranging between 10 and 20.
- SHGs are self-managed institutions
37. List out the objectives of MUDRA Bank.
- Regulate the lender and the borrower of microfinance
- bring stability to the microfinance system .
- lend money to small businesses, retailers, self-help groups and individuals.
IV. Answer the following questions in about a page.
38. The features of Rural Economy are peculiar’- Argue.
1. Village is an Institution
1. Dependence on Agriculture
2. Lifestyles of Rural People are very simple.
3. Population Density is very low
4. Exixts unemployment and Seasonal Unemployment.
5. Poverty
6. Low Income
7. Dependency
8. Dualism.
39. Discuss the problems of Rural Economy.
1. People Related Problems like illiteracy etc.
2. Agricultural problems as Lack of expected awareness, Knowledge and unavailability of inputs.
3. Poor infrastructure facilities like water, electricity, transport, educational institution, health etc.
4. The economic problems are inability to adopt high cost technology, high cost of inputs and so on
5. Leadership Related Problems
40. Analyse the causes for Rural Indebtedness.
Meaning:
2. Failure of Monsoon
3. Litigation
4. Money Lenders and High Rate of Interest
1. Village is an Institution
1. Dependence on Agriculture
2. Lifestyles of Rural People are very simple.
3. Population Density is very low
4. Exixts unemployment and Seasonal Unemployment.
5. Poverty
6. Low Income
7. Dependency
8. Dualism.
39. Discuss the problems of Rural Economy.
1. People Related Problems like illiteracy etc.
2. Agricultural problems as Lack of expected awareness, Knowledge and unavailability of inputs.
3. Poor infrastructure facilities like water, electricity, transport, educational institution, health etc.
4. The economic problems are inability to adopt high cost technology, high cost of inputs and so on
5. Leadership Related Problems
40. Analyse the causes for Rural Indebtedness.
Meaning:
- Rural indebtedness refers to the situation of the rural people unable to repay the loan accumulated over a period.
2. Failure of Monsoon
3. Litigation
4. Money Lenders and High Rate of Interest
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