Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes ?
- Working capital for maintenance of farm assets
- Purchase of combine harvesters, tractors and mini trucks
- Consumption requirements of farm households
- Post-harvest expenses
- Construction of family house and setting up of village cold storage facility
Select the correct answer using the code given below :
1, 2 and 5 only
1, 3 and 4 only
2, 3, 4 and 5
1, 2, 3, 4 and 5
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC IAS – 2020
– Statement 2: Purchase of large farm machinery like combine harvesters, tractors, and mini trucks typically falls under long-term investment credit, not short-term KCC.
– Statement 3: Consumption requirements of farm households are included as a component of KCC credit.
– Statement 4: Post-harvest expenses are covered under the scheme.
– Statement 5: Construction of family house and setting up of village cold storage facilities are long-term investments, not covered by the short-term KCC scheme.