Question

    The Kisan Credit Card (KCC) scheme provides financial

    assistance to farmers primarily through which type(s) of credit facility?
    A Cash credit Correct Answer Incorrect Answer
    B Term loan Correct Answer Incorrect Answer
    C Both A & B Correct Answer Incorrect Answer
    D Savings account Correct Answer Incorrect Answer
    E Overdraft facility only Correct Answer Incorrect Answer

    Solution

    The KCC scheme offers cash credit for crop loans and term loans for investment in agriculture. It simplifies access to credit and reduces dependence on informal lenders.

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