Question

    Consider the following statements regarding Kisan credit cards (KCC):

    I. It was introduced for providing adequate and timely credit support to the farmers.

    II. This facility could be availed through regional rural banks (RRB) only.

    III. The scheme was introduced in 1998.

    Which of the above statement is/are not correct?

    A II and III only Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C I and II only Correct Answer Incorrect Answer
    D III only Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The scheme was introduced in 1998 for providing adequate and timely credit support from the banking system. Implementing Agencies: Commercial Banks Regional Rural Banks (RRBs) Small Finance Banks Cooperatives

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