- Pending claims for the fiscal year 2021-22 can be submitted by June 30, 2023, and they must be duly certified by statutory auditors whether it is true or false.
- Kisan Credit Card:
- KCC Scheme was first introduced in 1998 for providing timely credit support from banking, further extended for investment credit requirements of farmers in allied and non-farm activities in the year 2004.
- Minimum paperwork and simplification of documentation for withdrawal of funds from the bank.
- Flexibility to draw cash and buy inputs.
- Assured availability of credit at any time enabling reduced interest burden for the farmer.
- It also covers post-harvest expenses, consumption requirements of farmer households, farm assets, agriculture, and allied activities.
- Interest Subvention Scheme
- It aims to provide short-term crop loans up to 3 lakh to farmers at a 7% annual interest rate.
- PSBs and Private sector commercial banks offer interest subvention of 2 percent by the government.
- The policy came into force with effect from 2006-07.
- It is implemented by NABARD and SEBI.
- Present Governor of RBI: Shri Shaktikanta Das-25th Governor of RBI.
Question:
Q.1 Kisan credit card scheme is implemented by?
a. RRB’s
b. State Co-operative
c. Commercial Banks
d. Small Finance bank
a. RRB’s
b. State Co-operative
c. Commercial Banks
d. Small Finance bank
e. All of the above
