UPSC Previous Year Question | Prelims GS | 2020

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 trucks 3. Consumption requirements of farm households 4. Post-harvest expenses 5. Construction of family house and setting up of village cold storage facility

  1. 1, 2 and 5 only
  2. 1, 3 and 4 only
  3. 2, 3, 4 and 5 only
  4. 1, 2, 3, 4 and 5

Answer

Correct Answer

1, 3 and 4 only

Explanation

KCC short-term credit covers cultivation needs, post-harvest expenses, produce marketing, consumption needs of the farm household, and working capital for maintaining farm assets. Purchase of heavy machinery and house or cold-storage construction are long-term investment needs, not KCC short-term credit.

Topics: agricultural credit, agriculture & rural development, economy, kisan credit card (kcc) scheme