| I. NABARD formulated a model scheme for issue of Kisan Credit Cards (KCCs) to farmers so that they may use them to readily purchase agricultural inputs such as seeds, fertilizers, pesticides, etc. |
| II. These are operated by only commercial banks. |
| III. The scheme has helped in augmenting the flow of short-term crop loans for seasonal agricultural operations of farmers. |
| IV. From January 31, 2006, the scheme has been extended to all types of loan requirements of borrowers of State Cooperative Agriculture Rural Development Banks (SCARDBs). |
A) I & II
B) Only IV
C) I, III & IV
D) All the above
Correct Answer: C
Solution :
NABARD formulated a model scheme for issue of Kisan Credit Cards (KCCs) to farmers so that they may use them to readily purchase agricultural inputs such as seeds, fertilizers, pesticides, etc. These are operated by commercial banks, RRBs and co-operative banks.
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