Agricultural Economics

Step 1: Recall passage information.
The passage clearly states that the Kisan Credit Card is valid for a period between 3–5 years.

Step 2: Eliminate incorrect options.
- 9–12 years, 13–15 years, 20–25 years → Too long and not mentioned in the scheme.

Step 3: Conclusion.
Thus, the validity period is 3–5 years.

Final Answer:

Step 1: Recall from passage.
The passage specifies that the Kisan Credit Card model scheme was prepared by NABARD based on the recommendations of the R. V. Gupta Committee.

Step 2: Eliminate other committees.
- M. S. Swaminathan Committee → Related to food security and agricultural reforms.
- Philip Kotler Committee → Not relevant (Kotler is a marketing expert).
- Rane Committee → Different recommendations.

Step 3: Conclusion.
Hence, the correct answer is R. V. Gupta Committee.

Final Answer:

Step 1: Recall passage information.
The passage clearly mentions that the repayment period in Kisan Credit Cards is up to a maximum of 12 months.

Step 2: Eliminate other options.
- 9 months → Too short.
- 24 months and 20 months → Not mentioned in the scheme.

Step 3: Conclusion.
Hence, the repayment period is maximum 12 months.

Final Answer:

Step 1: Recall the expansion.
NABARD stands for National Bank for Agriculture and Rural Development. It is an apex development financial institution in India.

Step 2: Eliminate incorrect options.
- National Bank of Development → Incomplete and incorrect.
- National Bank for Agriculture Development → Missing "Rural".
- National Bank for Rural Development → Missing "Agriculture".

Step 3: Conclusion.
Thus, the correct full form is option (2).

Final Answer:

Step 1: Recall the passage.
The passage clearly states that the Kisan Credit Card scheme was introduced in August 1998 by Indian banks.

Step 2: Eliminate incorrect options.
- July 2002 → Not mentioned in the passage.
- August 1993 → Wrong, scheme did not exist.
- June 1998 → Incorrect month.

Step 3: Conclusion.
Thus, the correct year and month of introduction is August 1998.

Final Answer: