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Consider the following statements regarding Animal Husbandry Infrastructure Development Fund:
  1. It is established under the Atmanirbhar Bharat Abhiyan.
  2. Individual entrepreneurs are eligible to get loans under the scheme.
  3. The Government of India will provide a 3% interest subvention to eligible beneficiaries.
  4. The eligible beneficiaries are needed to contribute a minimum of 10% margin money.
Which of the statements given above are correct?
  • a)
    1, 2 and 3 only
  • b)
    2, 3 and 4 only
  • c)
    1, 2 and 4 only
  • d)
    1, 2, 3 and 4
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding Animal Husbandry Infrastru...
Explanation:
The Animal Husbandry Infrastructure Development Fund (AHIDF) is a scheme launched by the Government of India to provide financial support for the development of animal husbandry infrastructure in the country. Let us analyze each statement given in the question:

Statement 1: It is established under the Atmanirbhar Bharat Abhiyan.
This statement is incorrect. The Animal Husbandry Infrastructure Development Fund is not established under the Atmanirbhar Bharat Abhiyan. It is a separate scheme launched by the government to promote animal husbandry infrastructure development in the country.

Statement 2: Individual entrepreneurs are eligible to get loans under the scheme.
This statement is correct. Individual entrepreneurs engaged in animal husbandry activities are eligible to get loans under the Animal Husbandry Infrastructure Development Fund. The loans can be used for the development of various infrastructure facilities such as dairy processing plants, meat processing units, feed plants, etc.

Statement 3: The Government of India will provide a 3% interest subvention to eligible beneficiaries.
This statement is correct. Under the Animal Husbandry Infrastructure Development Fund, the Government of India provides a 3% interest subvention to eligible beneficiaries. This means that the government subsidizes the interest rate on the loans provided to the beneficiaries.

Statement 4: The eligible beneficiaries are needed to contribute a minimum of 10% margin money.
This statement is correct. The eligible beneficiaries under the Animal Husbandry Infrastructure Development Fund are required to contribute a minimum of 10% margin money. Margin money refers to the amount of money that the beneficiary is required to contribute towards the total project cost. The remaining amount is funded through the loan provided by the government.

Therefore, the correct answer is option 'D' - 1, 2, 3, and 4.
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Consider the following statements regarding Animal Husbandry Infrastructure Development Fund: It is established under the Atmanirbhar Bharat Abhiyan. Individual entrepreneurs are eligible to get loans under the scheme. The Government of India will provide a 3% interest subvention to eligible beneficiaries. The eligible beneficiaries are needed to contribute a minimum of 10% margin money.Which of the statements given above are correct?a)1, 2 and 3 onlyb)2, 3 and 4 onlyc)1, 2 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer?
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Consider the following statements regarding Animal Husbandry Infrastructure Development Fund: It is established under the Atmanirbhar Bharat Abhiyan. Individual entrepreneurs are eligible to get loans under the scheme. The Government of India will provide a 3% interest subvention to eligible beneficiaries. The eligible beneficiaries are needed to contribute a minimum of 10% margin money.Which of the statements given above are correct?a)1, 2 and 3 onlyb)2, 3 and 4 onlyc)1, 2 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. 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 Consider the following statements regarding Animal Husbandry Infrastructure Development Fund: It is established under the Atmanirbhar Bharat Abhiyan. Individual entrepreneurs are eligible to get loans under the scheme. The Government of India will provide a 3% interest subvention to eligible beneficiaries. The eligible beneficiaries are needed to contribute a minimum of 10% margin money.Which of the statements given above are correct?a)1, 2 and 3 onlyb)2, 3 and 4 onlyc)1, 2 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Animal Husbandry Infrastructure Development Fund: It is established under the Atmanirbhar Bharat Abhiyan. Individual entrepreneurs are eligible to get loans under the scheme. The Government of India will provide a 3% interest subvention to eligible beneficiaries. The eligible beneficiaries are needed to contribute a minimum of 10% margin money.Which of the statements given above are correct?a)1, 2 and 3 onlyb)2, 3 and 4 onlyc)1, 2 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer?.
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