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Question

Which scheme provides adequate and timely support from the banking system to the farmers for their cultivation needs in a flexible manner?


A

KMC

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B

KMM

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C

KBC

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D

KCC

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Solution

The correct option is D

KCC


The Kisan Credit Card (KCC) scheme is a credit scheme introduced in August 1998 by Indian banks. Its objective is to meet the comprehensive credit requirements of the agriculture sector by giving financial support to farmers. Participating institutions include all commercial banks, Regional Rural Banks, and state co-operative banks. The scheme has short-term credit limits for crops and term loans.


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