BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Scheduled Commercial Banks
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Co-operative Banks
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Regional Rural Banks
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NABARD
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Detailed explanation-1: -The credit is available to farmers in most of the banks like commercial banks cooperative banks and regional rural banks. However in day to day operations NABARD is not included.
Detailed explanation-2: -Kisan Credit Card Scheme is implemented by Scheduled Commercial banks, Co-operative banks and Regional Rural banks. NABARD had contributed in designing the scheme by taking various inputs from the banks and in light of the recommendations of the RV Gupta Committee. Was this answer helpful?
Detailed explanation-3: -Therefore, to promote research in various aspects of the problems of urban development is not the function of NABARD.
Detailed explanation-4: -You must be 18 years or older and less than 75 years of age to apply for a KCC. And if you’re 60 years of age or older, producing a co-borrower who is either your legal heir or an immediate kin would be mandatory.
Detailed explanation-5: -NABARD does not provide any loan to individuals.