šŸ“¢ Too many exams? Don’t know which one suits you best? Book Your Free Expert šŸ‘‰ call Now!


    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.Ā 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