Question

    Which of the following statement is correct regarding the Agriculture Infrastructure Fund?

    1. Interest subvention on loans up to 2 crore limit is 4%.

    2. Maximum moratorium period under the scheme is 2 years.

    3. Rs. 1lakh crore has to be disbursed by the financial year 2025-26 and interest subvention &  credit guarantee assistance will be given till the year 2030-31.

    A Only 1 Correct Answer Incorrect Answer
    B Only 2 Correct Answer Incorrect Answer
    C 1 and 2 Correct Answer Incorrect Answer
    D 1 and 3 Correct Answer Incorrect Answer
    E 2 and 3 Correct Answer Incorrect Answer

    Solution

    Interest subvention on loans up to 2 crore limit is 3%. Rs. 1 lakh crore has to be disbursed by the financial year 2025-26 and interest subvention & credit guarantee assistance will be given till the year 2032-33.

    Practice Next