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ExamsIBPS POGeneral Awareness

The Kisan Credit Card scheme provides farmers with timely access to credit for what purpose(s)?

  1. Agricultural needs only
  2. Post-harvest expenses only
  3. Family Consumption and Cold Storage
  4. All of the above including family consumption and cold storage

Correct answer: Family Consumption and Cold Storage

Solution

The Kisan Credit Card (KCC) scheme provides credit for: agricultural operations, post-harvest expenses, allied and non-farm activities, AND also includes credit for consumption requirements of the farmer's family and short-term credit for cold storage of produce.

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