(a) State any two advantages of micro-credit system in rural areas of India. (b) "In the current situation, Information Technology plays a vital role in achieving food security in a nation like India." Justify the given statement.

Question

Accepted Answer

(a) Advantages of micro-credit system:

1. Financial inclusion of rural poor
2. Women empowerment
3. Self-employment generation
4. Reduces exploitation
5. Promotes savings

(b) Information Technology role in food security:

1. Agricultural extension services
2. Market information systems
3. Supply chain management
4. Weather forecasting
5. Digital payments

Both micro-credit and IT are essential tools for rural development and food security in India.