Current Affairs · Government Schemes
Consider the following statements regarding the reports on Kisan Credit Card (KCC) accounts released in August 2025: 1. The number of Kisan Credit Card (KCC) accounts in public sector banks fell by 1.8% year-on-year to 22.5 million in FY25. 2. Despite fewer accounts, the outstanding KCC loan amount grew by 2.2% to ₹41,300 crore. 3. The Union Budget announced an increase in the KCC loan ceiling limit for farmers from ₹3 lakh to ₹5 lakh, keeping the benchmark interest rate fixed at 12%. Which of the statements given above is/are incorrect?
- 1Only 2
- 2Both 2 and 3
- 3Only 3✓
- 4Both 1 and 2
Correct answer
Only 3
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