Agriculture & Farmer Schemes — Set 3
Government Schemes · कृषि और किसान योजनाएं · Questions 21–30 of 200
Kisan Credit Card provides what type of credit to farmers?
Correct Answer: B. Short-term credit
Kisan Credit Card (KCC) provides short-term credit to farmers for agricultural operations and allied activities. The card also covers post-harvest expenses and maintenance of farm assets. RBI issued guidelines making it available for animal husbandry and fisheries activities as well.
What interest subvention is available for timely repayment under Kisan Credit Card?
Correct Answer: C. 3%
Farmers who repay Kisan Credit Card loans promptly are eligible for 3% interest subvention. This effectively reduces the interest rate to 4% per annum for timely repayers. The government provides the subvention to encourage discipline in loan repayment and reduce the burden on farmers.
Kisan Credit Card has recently been extended to which new sectors?
Correct Answer: B. Animal husbandry and fisheries
Kisan Credit Card was recently extended to cover animal husbandry and fisheries sectors. This extension helps farmers engaged in allied agricultural activities to access formal credit. The move was part of the government's effort to double farmers' income by providing easy credit access.
What is the outlay of the Agriculture Infrastructure Fund?
Correct Answer: C. ₹1 lakh crore
The Agriculture Infrastructure Fund has an outlay of ₹1 lakh crore to be deployed between 2020-21 and 2032-33. The fund aims to create post-harvest management infrastructure and community farming assets. It provides medium-long term debt financing facility for investment in viable projects.
Agriculture Infrastructure Fund focuses on which type of infrastructure?
Correct Answer: B. Post-harvest management infrastructure
Agriculture Infrastructure Fund focuses on post-harvest management infrastructure such as cold chains, warehouses, pack houses, and silos. It also supports primary processing centers and ripening chambers. The fund helps in reducing post-harvest losses and improving market linkages for farmers.
What is the full form of PKVY?
Correct Answer: B. Paramparagat Krishi Vikas Yojana
PKVY stands for Paramparagat Krishi Vikas Yojana, which is a scheme for promoting organic farming in India. The scheme was launched to promote traditional and organic farming practices. It supports farmers to adopt organic farming through cluster approach and certification.
What financial assistance is provided per hectare under PKVY?
Correct Answer: C. ₹50,000
PKVY provides ₹50,000 per hectare over three years to farmers adopting organic farming. This includes support for organic inputs, certification, and marketing. The scheme promotes cluster-based organic farming where groups of farmers form clusters of 50 acres each.
PM Kisan Maan Dhan Yojana provides pension of how much per month?
Correct Answer: B. ₹3,000
PM Kisan Maan Dhan Yojana provides a pension of ₹3,000 per month to small and marginal farmers after they attain 60 years of age. The scheme is voluntary and contributory with equal contribution from farmers and the Central Government. It provides old-age security to small and marginal farmer families.
PM Kisan Maan Dhan Yojana targets which category of farmers?
Correct Answer: C. Small and marginal farmers
PM Kisan Maan Dhan Yojana is specifically targeted at small and marginal farmers who have cultivable land up to 2 hectares. The scheme provides old-age pension security to this vulnerable category of farmers. The entry age for the scheme is between 18 to 40 years.
Rashtriya Krishi Vikas Yojana (RKVY) was launched in which year?
Correct Answer: C. 2007
Rashtriya Krishi Vikas Yojana (RKVY) was launched in 2007-08 to incentivize states to increase public investment in agriculture. The scheme provides states with flexibility in planning agriculture development based on their specific needs. The funding pattern between Centre and State was initially 100% Central funding for state plans.