New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Consider the following statements  

    >1) Animal Husbandry Infrastructure Development Fund (AHIDF) was  approved by the Cabinet in June 2020 2) It was under Atma Nirbhar Bharat Abhiyan package 3) Total size of the fund is 25000 crore   Which is/are correct?
    A 1 and 2 only Correct Answer Incorrect Answer
    B 2 and 3 only Correct Answer Incorrect Answer
    C 1 and 3 only Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer
    E 3 only Correct Answer Incorrect Answer

    Solution

    Animal Husbandry Infrastructure Development Fund (AHIDF) was approved by the Cabinet in June 2020 as a Central Sector Scheme under the Atma Nirbhar Bharat Abhiyan package. Objective is to To incentivize investments in (i) the dairy processing and value  addition infrastructure, (ii) meat processing and value addition  infrastructure. Size of the fund is 15000 crore. Credit Guarantee Fund of Rs. 750 crore has been set up to  provide a credit guarantee up to 25% of the Credit facility of  borrowers. The credit guarantee fund will be managed by   NABARD.  

    Practice Next

    Relevant for Exams: