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Question

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?

A
Scheduled Commercial Banks
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B
Co-operative Banks
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C
Regional Rural Banks
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D
NABARD
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Solution

The correct option is C NABARD
Kisan Credit Card Scheme is implemented by Scheduled Commercial banks, Co-operative banks and Regional Rural banks. NABARD had contributed in designing the scheme by taking various inputs from the banks and in light of the recommendations of the RV Gupta Committee.

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