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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 truck
3. Consumption requirements of farm households
4. Post-harvest expenses
5. Construction of family house and setting up of village cold storage facility
2. Purchase of combine harvesters, tractors and mini truck
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:
- a)1, 2 and 5 only
- b)1, 3 and 4 only
- c)2, 3, 4 and 5 only
- d)1, 2, 3, 4 and 5
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
Under the Kisan Credit Card scheme, short-term credit support is given...
The scheme aims at providing adequate and timely cred it for the comprehensive credit requirements of farmers under single window for their cultivation and other needs as indicated below:
- To meet the short term credit requirements for cultivation of crops
- Post harvest expenses
- Produce Marketing loan
- Consumption requirements of farmer household
- Working capital for maintenance of farm assets, activities allied to agriculture, like dairy animals, inland fishery and also working capital required for floriculture, horticulture etc.
- Investment credit requirement for agriculture and allied activities like pump sets, sprayers, dairy animals, floriculture, horticulture etc
- Short term credit requirements of rearing of animals, birds, fish, shrimp, other aquatic organisms, capture of fish.
Therefore, the correct answer is (b).
Most Upvoted Answer
Under the Kisan Credit Card scheme, short-term credit support is given...
The correct answer is option 'B' - 1, 3 and 4 only.
Explanation:
The Kisan Credit Card scheme was introduced in 1998 by the Government of India. It is a credit scheme that provides affordable and timely credit support to farmers for their agricultural and other allied activities. The objective of the scheme is to provide short-term credit to farmers to meet their credit requirements for crop production, consumption needs, post-harvest expenses, and other productive purposes.
Under the Kisan Credit Card scheme, short-term credit support is given to farmers for the following purposes:
1. Working capital for maintenance of farm assets: This includes the cost of seeds, fertilizers, pesticides, labor, irrigation, and other inputs required for crop production.
2. Purchase of combine harvesters, tractors and mini truck: This includes the purchase of farm machinery and equipment for efficient and timely farming operations.
3. Consumption requirements of farm households: This includes the cost of household expenses like food, clothing, education, and medical expenses.
4. Post-harvest expenses: This includes the cost of storage, transportation, and marketing of agricultural produce.
5. Construction of family house and setting up of village cold storage facility: These are not covered under the Kisan Credit Card scheme.
Therefore, the correct answer is option 'B' - 1, 3 and 4 only.
Explanation:
The Kisan Credit Card scheme was introduced in 1998 by the Government of India. It is a credit scheme that provides affordable and timely credit support to farmers for their agricultural and other allied activities. The objective of the scheme is to provide short-term credit to farmers to meet their credit requirements for crop production, consumption needs, post-harvest expenses, and other productive purposes.
Under the Kisan Credit Card scheme, short-term credit support is given to farmers for the following purposes:
1. Working capital for maintenance of farm assets: This includes the cost of seeds, fertilizers, pesticides, labor, irrigation, and other inputs required for crop production.
2. Purchase of combine harvesters, tractors and mini truck: This includes the purchase of farm machinery and equipment for efficient and timely farming operations.
3. Consumption requirements of farm households: This includes the cost of household expenses like food, clothing, education, and medical expenses.
4. Post-harvest expenses: This includes the cost of storage, transportation, and marketing of agricultural produce.
5. Construction of family house and setting up of village cold storage facility: These are not covered under the Kisan Credit Card scheme.
Therefore, the correct answer is option 'B' - 1, 3 and 4 only.
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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 assets2.Purchase of combine harvesters, tractors and mini truck3.Consumption requirements of farm households4.Post-harvest expenses5.Construction of family house and setting up of village cold storage facilitySelect the correct answer using the code given below:a)1, 2 and 5 onlyb)1, 3 and 4 onlyc)2, 3, 4 and 5 onlyd)1, 2, 3, 4and 5Correct answer is option 'B'. Can you explain this answer?
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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 assets2.Purchase of combine harvesters, tractors and mini truck3.Consumption requirements of farm households4.Post-harvest expenses5.Construction of family house and setting up of village cold storage facilitySelect the correct answer using the code given below:a)1, 2 and 5 onlyb)1, 3 and 4 onlyc)2, 3, 4 and 5 onlyd)1, 2, 3, 4and 5Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about 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 assets2.Purchase of combine harvesters, tractors and mini truck3.Consumption requirements of farm households4.Post-harvest expenses5.Construction of family house and setting up of village cold storage facilitySelect the correct answer using the code given below:a)1, 2 and 5 onlyb)1, 3 and 4 onlyc)2, 3, 4 and 5 onlyd)1, 2, 3, 4and 5Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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 assets2.Purchase of combine harvesters, tractors and mini truck3.Consumption requirements of farm households4.Post-harvest expenses5.Construction of family house and setting up of village cold storage facilitySelect the correct answer using the code given below:a)1, 2 and 5 onlyb)1, 3 and 4 onlyc)2, 3, 4 and 5 onlyd)1, 2, 3, 4and 5Correct answer is option 'B'. Can you explain this answer?.
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 assets2.Purchase of combine harvesters, tractors and mini truck3.Consumption requirements of farm households4.Post-harvest expenses5.Construction of family house and setting up of village cold storage facilitySelect the correct answer using the code given below:a)1, 2 and 5 onlyb)1, 3 and 4 onlyc)2, 3, 4 and 5 onlyd)1, 2, 3, 4and 5Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about 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 assets2.Purchase of combine harvesters, tractors and mini truck3.Consumption requirements of farm households4.Post-harvest expenses5.Construction of family house and setting up of village cold storage facilitySelect the correct answer using the code given below:a)1, 2 and 5 onlyb)1, 3 and 4 onlyc)2, 3, 4 and 5 onlyd)1, 2, 3, 4and 5Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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 assets2.Purchase of combine harvesters, tractors and mini truck3.Consumption requirements of farm households4.Post-harvest expenses5.Construction of family house and setting up of village cold storage facilitySelect the correct answer using the code given below:a)1, 2 and 5 onlyb)1, 3 and 4 onlyc)2, 3, 4 and 5 onlyd)1, 2, 3, 4and 5Correct answer is option 'B'. Can you explain this answer?.
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