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Agriculture Infrastructure Fund (AIF) Credit Guarantee Quiz

4 Questions

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Agriculture Infrastructure Fund (AIF) Credit Guarantee Quiz

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Questions and Answers

What is the maximum credit guarantee provided by the government under the Agriculture Infrastructure Fund (AIF) initiative?

2 crore rupees (correct)

4 crore rupees

1 crore rupees

3 crore rupees

What are the benefits provided under AIF for loans up to 2 crores?

Interest-free loans

Loan forgiveness

3% interest subvention with a cap of 9% on ROI, credit guarantee support by way of payment of CGTMSE fee (correct)

Subsidized insurance for crops

Which entities are eligible to avail the benefits under AIF?

Agricultural Produce Market Committee / Agri-Entrepreneur / Central sponsored Public-Private Partnership Project / Farmer/ Farmer Producers Organization/ Federation of FPOs

Joint Liability Groups/ Local Body sponsored Public-Private Partnership Project/ Marketing Cooperative Society/ Multipurpose Cooperative Society/ National Federations of Cooperatives

Primary Agricultural Credit Society/ Self Help Group/ Federations of Self Help Groups/ Start-Up/ State Agencies/ State Federations of Cooperatives/ State sponsored Public-Private Partnership Projects

All of the above (correct)