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Question

A Kisan Credit Card (KCC) Scheme was introduced in the year ______.

A
2001
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B
2005
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C
1998
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D
1999
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Solution

The correct option is A 1998
The Kisan Credit Card (KCC) scheme is a credit scheme introduced in August 1998 by Indian banks.
This model scheme was prepared by the National Bank for Agriculture and Rural Development (NABARD) on the recommendations of the R.V. GUPTA committee to provide term loans for agricultural needs.

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