📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      Central Sector Scheme of financing facility under

      Agriculture Infrastructure Fund aims at providing a medium/long term debt financing facility till 2025-2026 through _____ interest subvention and credit guarantee support on loans for creation of post-harvest management infrastructure and community farming assets.
      A 2% Correct Answer Incorrect Answer
      B 3% Correct Answer Incorrect Answer
      C 4% Correct Answer Incorrect Answer
      D 6.5% Correct Answer Incorrect Answer
      E 7% Correct Answer Incorrect Answer

      Solution

      Central Sector Scheme of financing facility under Agriculture Infrastructure Fund aims at providing a medium/long term debt financing facility till 2025-2026 through 3% interest subvention and credit guarantee support on loans for creation of post-harvest management infrastructure and community farming assets. All loans up to a limit of ₹ 2 crores under this financing facility will have interest subvention of 3% per annum. This subvention will be available for a maximum period of 7 years. In case of loans beyond ₹ 2 crores, the interest subvention will be limited up to ₹ 2 crores.

      Practice Next
      ask-question