Banking General Awareness Banking System Question Bank Practice Questions - Banking and Banking Structure - Legal Aspects

  • question_answer
    Kisan Credit Card is an effective way of reaching out to the farmers by the banks. What assistance does the farmer receive in this way?

    A)  Credit facility for crops etc against an approved limit

    B)  Short-term credit facility against value of his crops

    C)  Long-term credit is provided against his land holdings

    D)  Loan is permissible against crops sold, but payment yet to be received by the farmer

    E)  None of these

    Correct Answer: A


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