Banking General Awareness Banking Regulation System of India Question Bank Previous Years Questions - Credit Functions of Banks

  • question_answer
    The Govt of India recently provided an amount of Rs. 65,300 cr to about 3.6 cr farmers in India. What was the purpose of the distribution of this much amount to the farmers?                 [Andhara Bank 2009]

    A)  To enable them to purchase tractors and other hitech agricultural machines

    B)  This was given to them as a debt waiver and relief package.

    C)  To provide them fertilisers and advanced high- yielding seeds for the next harvesting season

    D)  To help them avail Internet services and update their knowledge about the farming techniques and adopt new methods of the same

    E)  None of these

    Correct Answer: B


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