wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following is the full form of KCC as used in the agriculture sector?

A
Kisan Credit Card
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Kisan Credit Company
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Knowledge Credit Corporation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Konkan Credit Corporation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Kisan Credit Card
The Kisan Credit Card (KCC) Scheme, introduced in 1998-99, has made rapid progress with the banking system. The scheme has helped in augmenting the flow of short-term crop loans for seasonal agricultural operations to farmers. Besides the existing facilities of providing crop loan, the scope of KCC Scheme has been enlarged to include term loans for agriculture and allied activities along with a component to meet the consumption needs.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Rural Credit
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon