Explain how kisan credit card caters to the credit needs of rural population?

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Solution

Kisan Credit Card (KCC) scheme is an example of credit facility which was introduced by the government in 1998-99. It facilitates access to credit from commercial banks and Regional Rural Banks. Under the scheme, the eligible farmers are provided with a Kisan Card and passbook from the relevant bank. The farmers can make withdrawals and repayments of cash within the credit limit as specified in the Kisan Credit Card (KCC).

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Q. Kisan Credit Card was launched by Indian Government to facilitate the short-term loan and cash delivery to farmers. Which one of the following agencies is not included in the operation of the Kisan Credit Cards?

Q. Explain the need to expand formal sources of credit in rural India.

Q. Kisan Credit Card (KCC) Scheme was introduced in 1998-99 to improve the credit delivery to farmers.Which one of the following does not operate this scheme?

Kisan Credit Card scheme was introduced in 1998 with the aim to provide adequate and timely short-term credit needs of farmers during the cropping season. Under KCC scheme, credit is provided to farmers for which of the following purposes:

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1,2,3 and 4 only
1 only
2,3 and 5 only
All of these

Q. The Kisan Credit Card Yojna was started in 1998-99 to _____________.

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