Question

which of the following is a scheme introduced by the government of India for the benefit of the farmers?

a)Kisan credit Yojna
b)mudra Yojna
c) farmer scheme
d)jan dhan yojna



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Answer 1

Answer:

The KCC Scheme was introduced in 1998 with the objectives of providing adequate and timely credit to farmers. The Government of India provides interest subvention of 2 per cent and prompt repayment incentive of 3 per cent to farmers, thus making the credit available at a very subsidized rate of 4 per cent per annum.19-Jan-2021