2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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NABARD has extended how much Rs special liquidity facility to West Bengal so far in the current fiscal year for the welfare of farmers and poor people in the state?
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Rs 1, 050 crore
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Rs 4, 050 crore
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Rs 2, 050 crore
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Rs 3, 050 crore
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Explanation:
Detailed explanation-1: -For FY 2022-23 to 2023-24: IS of 1.5% will be payable to Cooperative Bank, RRBs, SFBs, Commercial Banks on their own funds used for Short Term loans for agriculture and allied activities including animal husbandry, dairy, fisheries, bee keeping etc., provided the banks lend at 7%.
Detailed explanation-2: -Automatic Refinance Scheme (ARF)
Detailed explanation-3: -National Bank for Agriculture and RuralDevelopment (NABARD) was established on 12 July 1982 by an Act of theParliament.
Detailed explanation-4: -The various schemes formulated over the years have been categorized into five distinct and compact schemes.
There is 1 question to complete.