Question : This scheme aims at adequate and timely support to the farmers for their short-term credit needs. A: Kisan Credit Card Scheme B: Employment scheme
Option 1: Only A
Option 2: Only B
Option 3: Both of the above
Option 4: None of the above
Correct Answer: Only A
Solution : In order for farmers to easily buy agricultural inputs like seeds, fertilizer, pesticides, etc., and withdraw cash for their production needs, the Kisan Credit Card (KCC) scheme was introduced in 1998. It calls for the issuance of Kisan Credit Cards to farmers based on their holdings for uniform adoption by the banks. Hence option a is the correct answer.
Question : Which programme intends to give farmers access to sufficient and timely credit support from the banking system through a single window with a flexible and simplified process for their farming and other needs?
Option 1: MNREGA
Option 2: Kisan Credit Card
Option 3: Employment Scheme
Question : The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme provides income support to which category of farmers?
Option 1: Small and marginal farmers
Option 2: Large farmers
Option 3: Tenant farmers
Option 4: Women farmers
Question : The institutional financial sources were developed by the government: A: To offer farmers enough finance at a lower interest rate. B: To help small farmers maximize their income by increasing agricultural productivity.
Question : What micro-credit program defines?
Option 1: Credit provision made by self-help groups to their members
Option 2: Credit provision made by small farmers
Option 3: Credit provisions made by large farmers
Question : Which of the following is not a type of term loan?
Option 1: Short-term loan
Option 2: Medium-term loan
Option 3: Long-term loan
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile