The Kisan Credit Card scheme, introduced in 1998, aims to provide farmers with flexible and simplified access to institutional credit. It enables farmers to purchase agricultural inputs like seeds, fertilizers, and pesticides and meet their production needs during the cropping season.
What is the purpose of Kisan Credit Scheme of Indian Banks ?
Asked in MPSC CS Prelims 2012 · Topic: Agriculture and Allied Sectors (Farm Credit and Insurance Schemes)
More Economic Development questions
- Agricultural crop insurance was introduced by Government of India in
- National Agricultural Insurance Scheme was started in India in the year
- Which among the following agencies disbursed maximum credit to the agricultural sector in India between 2006-07 and 2011-12?
- Which of the following grants/grant direct credit assistance to rural households? 1. Regional Rural Banks 2. National Bank for Agriculture and Rural Development 3. Land Development Banks Select the correct answer using the codes given below.
- With reference to 'Pradhan Mantri Fasal Bima Yojana', consider the following statements : Under this scheme, farmers will have to pay a uniform premium of two percent for any crop they cultivate in any season of the year.
- Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes ? Working capital for maintenance of farm assets Purchase of combine harvesters, tractors and mini trucks Consumption requirements of farm households Post-harvest expenses Construction of family house and setting up of village cold storage facility Select the correct answer using the code given below :
- Consider the following statements : 1. In terms of short-term credit delivery to the agriculture sector, District Central Cooperative Banks (DCCBs) deliver more credit in comparison to Scheduled Commercial Banks and Regional Rural Banks. 2. One of the most important functions of DCCBs is to provide funds to the Primary Agricultural Credit Societies. Which of the statements given above is/are correct ?
- Which of the following provides the largest credit to agriculture and allied sectors?