Question
Which of the following Statements about Kisan Credit
Card Scheme (KCC) is/are True? I- It was introduced in 1998. II- The scheme was introduced to meet the various credit requirements of the agriculture sector by giving financial assistance to farmers. III- It was based on a model scheme prepared by APEDA.Solution
The Kisan Credit Scheme (KCC) was introduced in 1998 based on a model scheme prepared by the National Bank for Agriculture and Rural Development (NABARD). The scheme was introduced to meet the various credit requirements of the agriculture sector by giving financial assistance to farmers.
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