The Kisan Credit Card (KCC) scheme was introduced in ______ for issue of Kisan Credit Cards to farmers on the basis of their holdings for uniform adoption by the banks.
1998
The Kisan Credit Card (KCC) scheme was launched in 1998 to provide farmers with timely and adequate credit for their agricultural needs.
It was introduced on the recommendations of the R V Gupta Committee and was formulated by NABARD for uniform adoption by the banks.
Under the scheme, cards are issued to farmers on the basis of their landholdings so that they can meet short-term crop and cultivation expenses.
It provides a flexible, simplified credit line, reducing farmers' dependence on informal moneylenders.
Hence, the Kisan Credit Card scheme was introduced in 1998.
As per the Fiscal Responsibility and Budget Management Act-2003, which of the following is NOT laid before both the house of parliament along with Annual Financial statement?
Dr. Urjit Patel, who has been appointed recently as Governor of Reserve Bank of India, was holding which position immediately prior to this appointment?
As per the RBI guidelines, which one of the following is the minimum tenure of Masala Bonds that an Indian company can issue offshore?
______ is a tax system that collects a greater share of income from those with high incomes than from those with lower incomes.
In which year had India's ratio of public debt to GDP gone up to a record 84.2%?
______ is an economic scenario where a peculiar combination of low growth and rising inflation leads to high unemployment.