GyanGramUnder the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following…
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Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes?
1. Working capital for maintenance of farm assets
2. Purchase of combine harvesters, tractors and mini trucks.
3. Consumption requirements of farm households
4. Post-harvest expense
5. Construction of family house and setting up of village cold storage facility.
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• Correct Answer: B
• KCC covers short-term working capital, consumption needs (10% limit), and post-harvest expenses.
• Purchase of tractors, harvesters, and construction of houses/cold storage are term loans/capital investments, not KCC short-term credit.
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