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    Question

    The Interest Subvention Scheme on KCC given to Crop Loan

    Farmers has been extended by the GoI to the KCC provided to Farmers of Animal Husbandry and Fisheries from ___?
    A 2015-16 Correct Answer Incorrect Answer
    B 2021-22 Correct Answer Incorrect Answer
    C 2019-20 Correct Answer Incorrect Answer
    D 2018-19 Correct Answer Incorrect Answer
    E 2017-18 Correct Answer Incorrect Answer

    Solution

    The GoI has extended the Interest subvention Scheme on KCC issued to crop loan farmers to the KCC issued to Animal Husbandry and Fisheries farmers from 2018-19. Interest subvention of 2% to banks and 3% to farmers towards Prompt Repayment incentive is extended on short-term loans up to Rs2 lakh to animal husbandry and fisheries farmers apart from the existing KCC for crop loans, provided the loans are extended by banks @7% per annum

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