Civil Services APPSC Group I Services Prelims Mock Test Series 2025 Current Affairs Government Policies and Schemes
Consider the following statements regarding the Modified Interest Subvention Scheme (MISS):
1. It provides short-term credit to farmers at a subsidized interest rate through Kisan Credit Cards (KCC).
2. The scheme offers a flat interest rate of 4% on KCC loans regardless of repayment behavior.
3. For loans taken exclusively for animal husbandry or fisheries, the interest benefit is applicable up to Rs. 2 lakh.
How many of the above statements are correct?
1
Only one
2
Only two
3
All three
4
None