Multiple choice

Which of the following statements is/are incorrect?

  1. Kisan Credit Card Scheme was introduced in 1998-99.
  2. Rural Infrastructure Development Fund (RIDF) was set up with a corpus of Rs. 10,000 crore with NABARD to finance rural infrastructure development projects by states.

  1. Only 1

  2. Only 2

  3. Both of these

  4. Neither of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Both the statements given are perfectly correct. Kisan Credit Card Scheme was introduced in 1998-99 to facilitate access to credit from Commercial Banks, Cooperatives and Regional Rural Banks. Rural Infrastructure Development Fund (RIDF) was set up with a corpus of Rs.10,000 crore with NABARD to finance rural infrastructure development projects by states.

Keep practicing — related questions