CURRENT AFFAIRS

Detailed explanation-1: -Abhishek Mishra. Answer: Option D Explanation: Indian Bank Unveiled KCC Digital Renewal Scheme enabling customers to renew their Kisan Credit Card accounts through the digital platform.

Detailed explanation-2: -Answer: Option A Explanation: Indian Bank launched its KCC Digital Renewal scheme, enabling eligible customers to renew their Kisan Credit Card accounts via digital modes.

Detailed explanation-3: -NABARD IN NEWS The model of KCC scheme was prepared by NABARD (National Bank for Agriculture and Rural Development) that met the recommendations of RV Gupta Committee.

Detailed explanation-4: -Annual Renewal: Every Kisan credit card account has to be renewed every year before the due date to get the assigned credit limit. This renewal has to be done for the entire period of five years.

Detailed explanation-5: -To meet the short term credit requirement of rearing of animals, Birds, and fisheries etc. Farmers individual or joint Liability Groups or Self Help Groups including tenant farmers engaged in Dairy, Poultry, Inland Fisheries and Aquaculture, Marine Fisheries are eligible for availing loan under this scheme.