Multiple Choice Questions on A central sector scheme of financing facility under the Agriculture Infrastructure Fund was launched........... for NABARD Assistant Manager Exam Preparation

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Multiple Choice Questions

A central sector scheme of financing facility under the Agriculture Infrastructure Fund was launched...........

Agriculture and Rural Development (Phase-I/II) Rural development -The concept
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    A central sector scheme of financing facility under the Agriculture Infrastructure Fund was launched in 2020. Which among the following statements is incorrect regarding the scheme?

    This questions was previously asked in
    Nabard grade-A,Previous year Memory Based Paper 18 Sept,2021
    View All NABARD Previous Year Papers

    It provides for medium to long term debt financing 

    Incorrect Answer

    All loans under this financing facility will have interest subvention of 3 per cent per annum upto a limit 

    Incorrect Answer

    Credit guarantee coverage will be available for eligible borrowers

    Incorrect Answer

    1 lakh crores will be provided by banks and financial institutions as loans to primary agricultural credit societies 

    Incorrect Answer

    It is operational from the year 2020-21 to 2028-29

    Correct Answer
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    Explanation:

    It is operational from the year 2020-21 to 2028-29

    By: Parvesh Mehta
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