Consider the following statements with reference to Kisan Credit Card Scheme.…
2026
Consider the following statements with reference to Kisan Credit Card Scheme.
Kisan Credit Card Scheme was introduced in 1998.
The facility of Kisan Credit Card is not provided to fisheries, animal husbandry and dairy farmers.
Select the correct answer from the code given below :
- A.
Both 1 and 2
- B.
Neither 1 nor 2
- C.
Only 2
- D.
Only 1
Show answer & explanation
Correct answer: D
The Kisan Credit Card (KCC) Scheme is a credit-delivery mechanism launched by the Reserve Bank of India and NABARD, working through commercial banks, cooperative banks, and Regional Rural Banks, to give farmers timely and adequate short-term credit. Two facts govern most KCC-based questions: its year of launch, and the range of farming activities — cultivation as well as allied activities such as animal husbandry, dairying, and fisheries — that the facility covers.
Applying this to Statement 1: the KCC Scheme was introduced in 1998, so Statement 1 is correct.
Applying this to Statement 2: RBI's KCC guidelines extend credit coverage to farmers engaged in animal husbandry, dairying, and fisheries — the facility is available to them, not withheld. Statement 2's claim that they are excluded is therefore incorrect.
Since Statement 1 holds and Statement 2 does not, the correct code is 'Only 1'.
Cross-check: had the exclusion in Statement 2 actually been true, KCC's own eligibility criteria — which list animal husbandry, dairying, and fisheries as covered allied activities — would have to be wrong, which they are not; this independently confirms Statement 2's falsity.
'Both 1 and 2' would need the exclusion claim in Statement 2 to also be true, which the scheme's coverage of allied activities rules out.
'Neither 1 nor 2' would need the 1998 launch year to be false, which contradicts the scheme's documented introduction.
'Only 2' would need both the launch year to be wrong and the exclusion claim to be true — neither condition holds.