{"id":4388,"date":"2024-03-05T16:05:30","date_gmt":"2024-03-05T16:05:30","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=4388"},"modified":"2024-03-05T16:05:30","modified_gmt":"2024-03-05T16:05:30","slug":"in-which-year-a%c2%80%c2%98kisan-credit-carda%c2%80%c2%99-scheme-was-introduced","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/in-which-year-a%c2%80%c2%98kisan-credit-carda%c2%80%c2%99-scheme-was-introduced\/","title":{"rendered":"In which year \u00e2\u0080\u0098Kisan Credit Card\u00e2\u0080\u0099 scheme was introduced ?"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;1978&#8243; option2=&#8221;1998&#8243; option3=&#8221;1988&#8243; option4=&#8221;2008&#8243; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is (a) 1978.<\/p>\n<p>The Kisan Credit Card (KCC) scheme was introduced in 1978 by the Government of India to provide short-term crop loans to farmers. The scheme is implemented by the State Governments and the Reserve Bank of India (RBI).<\/p>\n<p>The KCC scheme is a revolving fund, which means that the repayment of the loan is used to provide loans to other farmers. The scheme is available to all farmers, irrespective of their size of landholding.<\/p>\n<p>The KCC scheme provides a number of benefits to farmers, including:<\/p>\n<ul>\n<li>Easy access to credit<\/li>\n<li>Lower interest rates<\/li>\n<li>Longer repayment period<\/li>\n<li>Collateral-free loans<\/li>\n<\/ul>\n<p>The KCC scheme has been successful in providing credit to farmers and has helped to improve agricultural production in India.<\/p>\n<p>Option (b), 1998, is incorrect because the KCC scheme was introduced in 1978.<\/p>\n<p>Option (c), 1988, is incorrect because the KCC scheme was introduced in 1978.<\/p>\n<p>Option (d), 2008, is incorrect because the KCC scheme was introduced in 1978.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;1978&#8243; option2=&#8221;1998&#8243; option3=&#8221;1988&#8243; option4=&#8221;2008&#8243; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-4388","post","type-post","status-publish","format-standard","hentry","category-agriculture","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>In which year \u00e2\u0080\u0098Kisan Credit Card\u00e2\u0080\u0099 scheme was introduced ?<\/title>\n<meta name=\"description\" content=\"The Kisan Credit Card (KCC) scheme was introduced in 1978 by the Government of India to provide short-term crop loans to farmers. 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