Question

Under KCC, On prompt repayment of loan  upto 3.00 lakh, how much additional interest subvention is given by Government ?

A 7 Correct Answer Incorrect Answer
B 3 Correct Answer Incorrect Answer
C 4 Correct Answer Incorrect Answer
D 2 Correct Answer Incorrect Answer
E none of the above Correct Answer Incorrect Answer

Solution

Government provides interest subvention of 2% on short-term crop loans up to Rs. 3.00 lakh. All KCC holders are conditionally privileged to receive an additional Interest Subvention of 3% p.a. on short term crop loans

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