Banking · Kisan Credit Card (KCC) Scheme
Which of the following activities is NOT a permissible end-use for the Term Loan Component within the overall limit sanctioned under the Revised Kisan Credit Card (KCC) Scheme?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Repayment of an existing education loan taken for a family member✓
- 2Purchase of farm equipment or machinery like a power tiller
- 3Meeting working capital requirements for Dairy or Fisheries activities
- 4Installation of a small pump set or minor irrigation setup
Correct answer
Repayment of an existing education loan taken for a family member
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