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Consider the following statements regarding ‘Agriculture Infrastructure Fund’
  1. It aims to provide for long term debt financing for investments in post-harvest infrastructure
  2. It is a central sector schemes which provides interest-free loans to the beneficiaries
  3. Eligibility has been extended to State agencies and Agricultural Produce Marketing Committees (APMCs), as well as federations of cooperative organisations, FPOs and SHGs
Select the correct statements
  • a)
    1 and 2 only 
  • b)
    2 and 3 only 
  • c)
    1 and 3 only 
  • d)
    All the above
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding ‘Agriculture Infrast...
Statement Analysis:
Statement 1
Correct

The scheme shall provide a medium – long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through interest subvention and financial support
Statement 2
Incorrect

It is a Central Sector Scheme called Agriculture Infrastructure Fund (National Agriculture Infra Financing Facility). Loans will have interest subvention of 3% per annum up to a limit of Rs. 2 crore. This subvention will be available for a maximum period of seven years.
Statement 3
Correct

Eligible Beneficiaries are Farmers, Farmer Producer Organizations (FPOs), Primary Agricultural Credit Society (PACS), Marketing Cooperative Societies, Self Help Groups (SHGs), Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Start-ups, and Central/State agency or Local Body sponsored PPP Projects. Eligibility has been extended to State agencies and Agricultural Produce Marketing Committees (APMCs), as well as federations of cooperative organisations, FPOs and SHGs
Context: Recently, the Union Cabinet approved some modifications in the Central Sector Scheme of Financing Facility under ‘Agriculture Infrastructure Fund’
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Consider the following statements regarding ‘Agriculture Infrastructure Fund’ It aims to provide for long term debt financing for investments in post-harvest infrastructure It is a central sector schemes which provides interest-free loans to the beneficiaries Eligibility has been extended to State agencies and Agricultural Produce Marketing Committees (APMCs), as well as federations of cooperative organisations, FPOs and SHGsSelect the correct statementsa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All the aboveCorrect answer is option 'C'. Can you explain this answer?
Question Description
Consider the following statements regarding ‘Agriculture Infrastructure Fund’ It aims to provide for long term debt financing for investments in post-harvest infrastructure It is a central sector schemes which provides interest-free loans to the beneficiaries Eligibility has been extended to State agencies and Agricultural Produce Marketing Committees (APMCs), as well as federations of cooperative organisations, FPOs and SHGsSelect the correct statementsa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All the aboveCorrect answer is option 'C'. 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 ‘Agriculture Infrastructure Fund’ It aims to provide for long term debt financing for investments in post-harvest infrastructure It is a central sector schemes which provides interest-free loans to the beneficiaries Eligibility has been extended to State agencies and Agricultural Produce Marketing Committees (APMCs), as well as federations of cooperative organisations, FPOs and SHGsSelect the correct statementsa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All the aboveCorrect answer is option 'C'. 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 ‘Agriculture Infrastructure Fund’ It aims to provide for long term debt financing for investments in post-harvest infrastructure It is a central sector schemes which provides interest-free loans to the beneficiaries Eligibility has been extended to State agencies and Agricultural Produce Marketing Committees (APMCs), as well as federations of cooperative organisations, FPOs and SHGsSelect the correct statementsa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All the aboveCorrect answer is option 'C'. Can you explain this answer?.
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