Question : Case Study 14: Supporting Rural Entrepreneurs
A group of entrepreneurs decided to establish a cooperative society in a rural area to produce organic agricultural products. They sought support from government schemes to finance their project and provide training to farmers.
Question:
How does the cooperative society benefit rural farmers?
Option 1: By reducing the demand for organic products
Option 2: By providing training and financing
Option 3: By promoting traditional farming methods
Option 4: By selling agricultural products overseas
Correct Answer: By providing training and financing
Solution : The correct answer is (b) By providing training and financing
The establishment of a cooperative society in a rural area for the production of organic agricultural products, along with seeking support from government schemes for financing and training, would likely benefit rural farmers by enhancing their skills, knowledge, and access to financial resources. This support can contribute to the overall development and sustainability of agriculture in the rural community.
The government's support for the cooperative society aligns with the goal of:
Option 1: Reducing employment opportunities in rural areas
Option 2: Promoting urbanization
Option 3: Enhancing rural economic development
Option 4: Encouraging outsourcing of agricultural production
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