Name the government institution that provides credit to small and marginal farmers through the Kisan Credit Card scheme.
Answer
National Bank for Agriculture and Rural Development (NABARD).
The correct answer is National Bank for Agriculture and Rural Development (NABARD). — Therefore the institution is NABARD.
Step-by-step solution
- The Kisan Credit Card (KCC) scheme is managed by NABARD.
- NABARD is a development bank that provides credit to farmers, especially small and marginal ones.
- Therefore the institution is NABARD.
Common mistake: Confusing NABARD with State Bank of India or other commercial banks
Concept tested: Credit institutions for farmers
Published · How this solution was prepared and checked
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