BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
FM has announced setting up a FAIDF for fisheries sector and an AHIDF for financing infrastructure requirement of animal husbandry sector with a total corpus of____for the two new funds.
A
Rs 30, 000 crore
B
Rs 20, 000 crore
C
Rs 10, 000 crore
D
Rs 40, 000 crore
Explanation: 

Detailed explanation-1: -The establishment of a Rs. 15000 crore Animal Husbandry Infrastructure Development Fund was stated in the recently announced Atma Nirbhar Bharat Abhiyan stimulus package by the prime minister (AHIDF).

Detailed explanation-2: -FISHERIES AND AQUACULTURE INFRASTRUCTURE DEVELOPMENT FUND (FIDF)

Detailed explanation-3: -Activities Eligible for Availing Benefits under AHIDF Establishment of new units and strengthening of existing dairy processing units with quality and hygienic milk processing facilities, packaging facilities or any other activities related to dairy processing. Value added dairy product manufacturing.

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