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Sociology Optional PYQ Solutions · Model answer

Write short note : Rural credit and its bearing on poverty.

  • UPSC 1992
  • 10 marks
  • Rural and Agrarian Transformation in India

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Credit is the hinge on which rural poverty turns. Because the cultivator's income is seasonal and his risks uninsured, he must borrow; the terms decide whether debt finances production or transfers his land, labour and autonomy to a creditor. Rural credit is therefore a social relation before it is a financial transaction.

You are reading the opening of the model answer. The full answer is part of Sociology Optional PYQ Solutions.

What the full answer covers

  • The moneylender and the sociology of debt
  • The institutional response
  • Bearing on poverty — the record
  • Conclusion
Sociology Optional PYQ Solutions

Sociology Optional PYQ Solutions

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