Multiple Choice Questions on Which of the following statements are correct w r t agricultural credit in India as pointed out by t........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Which of the following statements are correct w r t agricultural credit in India as pointed out by t...........

Economic Affairs Agricultural Finance
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    Which of the following statements are correct w.r.t. agricultural credit in India as pointed out by the economic survey 2019-20?

    1. The agricultural credit flow target for 2019-20 has been fixed at Rs 135 lakh crore.
    2. Skewed Regional Distribution
    3. The share of North Eastern States has been less than one percent in total agricultural credit disbursement.

    1 and 3

    Incorrect Answer

    1 and 2

    Incorrect Answer

    2 and 3

    Correct Answer

    all are correct

    Incorrect Answer
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    Explanation:

    Correct statements are;

    1. The agricultural credit flow target for 2019-20 has been fixed at Rs 13.5 lakh crore.
    2. Skewed Regional Distribution: It is observed that credit is low in North Eastern, Hilly and Eastern States. Whereas it is highest in the Southern states. (Kerala, Andhra Pradesh and TN)
    3. The share of North Eastern States has been less than one percent in total agricultural credit disbursement.

    By: Abhishek Sharma
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