2023
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which state is to waive farmers’ loans up to Rs 2 lakh for farmers having land up to 5 acres covered?
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Haryana
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Maharashtra
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Punjab
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Jharkhand
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Explanation:
Detailed explanation-1: -Farm loan waivers are customised schemes announced by states to help the peasants. When there is a poor monsoon or natural calamity, farmers may be unable to repay loans. The rural distress in such situations often prompts States or the Centre to offer relief-reduction or complete waiver of loans.
Detailed explanation-2: -Debt burden on Punjab’s each agricultural household Rs 2 lakh against national average Rs 74, 121.
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