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UPSC PYQPrelims 2020

Civil Services Examination · Question 66

Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes? 1. Working capital for maintenance of farm assets 2. Purchase of combine harvesters, tractors and mini trucks 3. Consumption requirements of farm households 4. Post-harvest expenses 5. Construction of family house and setting up of village cold storage facility Select the correct answer using the code given below:

  1. 1, 2 and 5 only
  2. 1, 3 and 4 only
  3. 2, 3, 4 and 5 only
  4. 1, 2, 3, 4 and 5
Show answer & explanation

Answer: (B) 1, 3 and 4 only

Explanation

KCC short-term credit covers crop cultivation, post-harvest expenses, household consumption and working capital for farm assets. Tractors, houses and cold storage are long-term investment needs.