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

    Question

    Under which scheme does the government offer an interest

    subvention to promote affordable credit to farmers?
    A PM-KISAN Correct Answer Incorrect Answer
    B Atal Pension Yojana Correct Answer Incorrect Answer
    C Kisan Credit Card (KCC) Correct Answer Incorrect Answer
    D eNAM Correct Answer Incorrect Answer
    E AgriInfra Fund Correct Answer Incorrect Answer

    Solution

    Explanation: Under the Kisan Credit Card scheme, the government offers interest subvention of 2% and an additional 3% for timely repayment, making effective interest rates as low as 4% to promote affordable credit for farmers.

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