BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following products launched by most ofthe banks helps farmers in getting instant credit for various agricultural purposes?
A
Kissan Credit Card
B
Personal Loan
C
Business loan
D
ATM Card
Explanation: 

Detailed explanation-1: -The Kisan Credit Card is a scheme launched by the Indian banks back in 1998, as a way to fulfill the financial necessities of the agricultural sector.

Detailed explanation-2: -NABARD-National Bank For Agriculture And Rural Development.

Detailed explanation-3: -NABARD IN NEWS The KCC is available at all Indian banks, regional rural banks and the co-operative banks. The KCC scheme has short-term credit limits for crops and term loans.

Detailed explanation-4: -The correct answer is Indian Bank.

There is 1 question to complete.