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With reference to the Agriculture Infrastructure Fund, consider the following statements:
1. It was launched two years ago under the ambitious Aatmanirbhar Bharat Package as a dedicated Central Government scheme that provides medium-long term credit facility for investment in creation of post-harvest management infrastructure and community farming assets.
2. This facility comes with financial support by way of three per cent Interest subvention from Government and credit guarantee by CGTMSE fee up to two crore rupees.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the Agriculture Infrastructure Fund, consider the fo...
Union Agriculture Minister Narendra Singh Tomar will give away Agriculture Infrastructure Fund Awards in New Delhi on July 30, 2022.
  • Agriculture Infrastructure Fund (AIF) was launched two years ago under the ambitious Aatmanirbhar Bharat Package as a dedicated Central Government scheme that provides medium-long term credit facility for investment in creation of post-harvest management infrastructure and community farming assets.
  • This facility comes with financial support by way of three per cent Interest subvention from Government and credit guarantee by CGTMSE fee up to two crore rupees.
  • This scheme can be converged with the existing Central Government and State Government schemes. This has immensely benefitted stakeholders in the agricultural ecosystem - Farmers, Agri-entrepreneur, FPO, SHG, JLG, PACS, APMC, Startup, Central, Marketing Cooperative Society, State Agencies etc.
Hence both statements are correct.
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With reference to the Agriculture Infrastructure Fund, consider the following statements:1. It was launched two years ago under the ambitious Aatmanirbhar Bharat Package as a dedicated Central Government scheme that provides medium-long term credit facility for investment in creation of post-harvest management infrastructure and community farming assets.2. This facility comes with financial support by way of three per cent Interest subvention from Government and credit guarantee by CGTMSE fee up to two crore rupees.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the Agriculture Infrastructure Fund, consider the following statements:1. It was launched two years ago under the ambitious Aatmanirbhar Bharat Package as a dedicated Central Government scheme that provides medium-long term credit facility for investment in creation of post-harvest management infrastructure and community farming assets.2. This facility comes with financial support by way of three per cent Interest subvention from Government and credit guarantee by CGTMSE fee up to two crore rupees.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct 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 With reference to the Agriculture Infrastructure Fund, consider the following statements:1. It was launched two years ago under the ambitious Aatmanirbhar Bharat Package as a dedicated Central Government scheme that provides medium-long term credit facility for investment in creation of post-harvest management infrastructure and community farming assets.2. This facility comes with financial support by way of three per cent Interest subvention from Government and credit guarantee by CGTMSE fee up to two crore rupees.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct 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 With reference to the Agriculture Infrastructure Fund, consider the following statements:1. It was launched two years ago under the ambitious Aatmanirbhar Bharat Package as a dedicated Central Government scheme that provides medium-long term credit facility for investment in creation of post-harvest management infrastructure and community farming assets.2. This facility comes with financial support by way of three per cent Interest subvention from Government and credit guarantee by CGTMSE fee up to two crore rupees.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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