Banks issue KCC to support credit in agriculture, KCC stands for ____________.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Kisan Credit Card.
KCC stands for Kisan Credit Card.
- The Kisan Credit Card (KCC) scheme is a credit scheme launched in August 1998 by Indian public sector banks to provide farmers with Kisan credit cards.
- The National Bank for Agriculture and Rural Development (NABARD) developed this model scheme to offer agricultural advances based on the suggestions of the R. V. Gupta Committee.