Economics · Economy
With reference to the Kisan Credit Card (KCC) scheme, consider the following statements: 1. The scheme provides short-term credit requirements for cultivation of crops, post-harvest expenses, and working capital for maintenance of farm assets. 2. An interest subvention is available to farmers to ensure access to crop loans at subsidized interest rates upon timely repayment. 3. KCC loans are explicitly excluded from the Priority Sector Lending (PSL) mandates imposed by the RBI on commercial banks. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 22 and 3 only
- 31 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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