Bissoy.com
Doctors Medicines MCQs Q&A

Kisan Credit Card scheme was recommended by

Kisan Credit Card scheme was recommended by Correct Answer R. V. Gupta committee

The correct answer is R. V. Gupta committee.
 
  • Kisan Credit Card (KCC) is a credit scheme introduced in August 1998.
  • The model of the scheme was prepared by NABARD on the recommendation of R. V. Gupta committee.
  • Yashwant Sinha, the Union Minister of Finance in his 1998-99 budget speech introduced KCC.
  • Presently there are about 6.95 crore active KCC.
  • RBI has increased limit for collateral free agriculture loan from 1 lakh to 1.6 lakh.
  • Farmers applying loan for KCC can borrow fund at 7% per annum for amount upto 3 lakh and loan for livestock and fisheries will be provided at interest rate of 4% per annum.
  • It will also provide an additional subvention of 3% for prompt repayment within a period of 1 year from the date of advance. 
  • Banks will issue new KCC within 15 days of submission of the application by farmer.

Related Questions

There are two boxes. Box I contains one white card and two black cards and Box II contains one white card and a black card. Two persons P and Q play a game. P picks a card randomly from Box I. If P finds the white card, P wins and the game stops. If P finds the black card, Q draws a card randomly from Box II. If Q finds the white card Q wins. The game stops whether Q draws the white card or P draws the white card. Which one of the following is correct?
Rithika had Rs 8000. She invested some of it in savings scheme P and the rest ofthe money in savings scheme Q. She invested for 3 years in savings scheme P and for2 years in savings scheme Q. savings scheme P offers SI at a rate of 20% pa whilesavings scheme Q compounded annually at the rate of 30% pa. The interest receivedfrom savings scheme P is 930 more than the interest received from savings scheme Q.If Rs 1500 is debited from the invested amount of savings scheme P then find thedifference between the amount invested by Rithika in savings scheme P & savingsscheme Q.
You are installing a network interface card on a computer with the following configuration: a 5867133 CPU, 16MB or RAM, a 800-MB IDE hard disk, a parallel port configured as LPT1, and a serial port configured as COM1, which is currently used by a mouse. In addition to the IDE host adapter and the video card, the following devices have been installed on the computer's expansion bus: a modem on COM2, a SCSI host adapter for a CD-ROM drive, and a sound card. The SCSI hose adapter is using IRQ 5, and the sound card is using IRQ 11. The network interface card that you are installing supports the following choices for IRQ: 2, 3, 4, 5, 9,10 and 11. Which IRQ(s) could you use for the network interface card without creating an IRQ conflict with another device?
Kisan Credit Card (KCC) scheme introduced in .................. has emerged as an innovative credit delivery mechanism to meet the production credit requirements of the farmers in a timely and hassle - free manner.
A person invested Rs.2500 more in scheme B than that in scheme A. Scheme A offers 24% simple rate of interest and scheme B offers 20% annual rate of compound interest. If Interest from scheme A after 4 years is Rs.1080 more than that from scheme B after 3 years, then what is the ratio of amount invested in scheme A to that in scheme B?
In a deck of 52 cards, a card is picked randomly. If the card found is red, it is replaced with a black card, and vice versa. If a card is drawn after replacement, what is the probability that it will be a red card?
Which committee recommended to introduce 'Kisan Credit Card' scheme?
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 expenses 5. Construction of family house and setting up of village cold storage facility Select the correct answer using the code given below:
In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option.If a sentence is free from error, select 'No Error'. A debit card is similar to a credit card, but unlike a (1)/ credit card, the money came directly from the (2)/ user's bank account when performing a transaction.(3)/ No error (4)
Which of the following is/are true about the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojna? I-PM-KISAN Yojna augments the income of the farmers by providing income support to all farmers. II-Under this scheme an amount of Rs.6000 per year is transferred.