Prelims 2020 · Agriculture · Question 76
Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes?
- Working capital for maintenance of farm assets
- Purchase of combine harvesters, tractors and mini trucks
- Consumption requirements of farm households
- Post-harvest expenses
- Construction of family house and setting up of village cold storage facility.
Select the correct answer using the code given below:
Answer
1, 3 and 4 only
1. Working capital for maintenance of farm assets — Covered under KCC as short-term credit for allied/ancillary farm needs and maintenance expenses. Correct.
2. Purchase of combine harvesters, tractors and mini trucks — These are capital investment items, generally financed through term loans, not short-term KCC credit. Incorrect.
3. Consumption requirements of farm households — KCC includes limited credit for domestic/consumption needs of farmer households. Correct.
4. Post-harvest expenses — Explicitly covered under KCC short-term credit support. Correct.
5. Construction of family house and setting up of village cold storage facility — House construction is not covered under KCC short-term credit; cold storage setup is a capital investment, not short-term crop credit. Incorrect.
Hence, 1, 3 and 4 only are correct.