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.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.
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