Question

Which of the following statement is correct regarding the Agriculture Infrastructure Fund?

1. Interest subvention on loans up to 2 crore limit is 4%.

2. Maximum moratorium period under the scheme is 2 years.

3. Rs. 1lakh crore has to be disbursed by the financial year 2025-26 and interest subvention &  credit guarantee assistance will be given till the year 2030-31.

A Only 1 Correct Answer Incorrect Answer
B Only 2 Correct Answer Incorrect Answer
C 1 and 2 Correct Answer Incorrect Answer
D 1 and 3 Correct Answer Incorrect Answer
E 2 and 3 Correct Answer Incorrect Answer

Solution

Interest subvention on loans up to 2 crore limit is 3%. Rs. 1 lakh crore has to be disbursed by the financial year 2025-26 and interest subvention & credit guarantee assistance will be given till the year 2032-33.

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