Which of the following statement about rural and agricultural development is true ?
Correct answer: B. The agrarian community requires a full range of services such as schools merchants banks and so on
- A. Rural development is the same as agricultural development
- B. The agrarian community requires a full range of services such as schools merchants banks and so on
- C. Household nonfarm income is uncorrelated to farm productivity and uncorrelated to farm productivity and household incomes in Kenya
- D. China's rural population receives little income from nonfarm income
Explanation
Rural development is broader than farming because rural communities also need schools, banks, markets, transport and other services. Agricultural development is only the farming component of this wider process.
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Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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