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Question

44. The Kisan Credit Card Scheme is aimed to ensure timely flow of credit to farmers for which of the following requirements?

1. Marketing of produce.

2. Inland Fishery.

3. Consumption Expenditure.


A

a. Only 1.

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B

b. Only 1 and 3

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C

c. All of the above

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D
d. 2 only
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Solution

The correct option is C

c. All of the above


44.Answer-c
Explanation: Kisan Credit Card Scheme: In order to ensure that all eligible farmers are provided with hassle free andtimely credit for their agricultural operation, Kisan Credit Card (KCC) Scheme was introduced in 1998-99. The main objectives of the scheme are to meet the short term credit requirements for cultivation ofcrops, post harvest expenses, produce marketing loan, consumption requirements of farmer household,working capital for maintenance of farm assets and activities allied to agriculture like dairy animals,inland fishery, etc., and investment credit requirement for agriculture and allied activities like pump sets,sprayers, dairy animals, etc.


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