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Your results are here!! for" SCHEME FOR FINANCING FARMERS FOR TRUCKS & OTHER TRANSPORT VEHICLE "
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Question 1 of 10
1. Question
What is the main purpose of the scheme for farmers?
Correct
The scheme finances purchase of new trucks, motorized light/medium vehicles and two-wheelers for specified agricultural transport purposes.
Incorrect
The scheme finances purchase of new trucks, motorized light/medium vehicles and two-wheelers for specified agricultural transport purposes.
Unattempted
The scheme finances purchase of new trucks, motorized light/medium vehicles and two-wheelers for specified agricultural transport purposes.
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Question 2 of 10
2. Question
What type of truck can be financed under the scheme?
Correct
The scheme covers purchase of a new truck made by standard manufacturing concerns.
Incorrect
The scheme covers purchase of a new truck made by standard manufacturing concerns.
Unattempted
The scheme covers purchase of a new truck made by standard manufacturing concerns.
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Question 3 of 10
3. Question
Two-wheelers can be financed to farmers for what purpose?
Correct
Two-wheelers are intended for transport of agricultural inputs and produce.
Incorrect
Two-wheelers are intended for transport of agricultural inputs and produce.
Unattempted
Two-wheelers are intended for transport of agricultural inputs and produce.
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Question 4 of 10
4. Question
What is the minimum land holding required for purchase of a truck?
Correct
An individual or eligible entity engaged in farming or allied activities should hold 3 acres or more for purchase of a truck.
Incorrect
An individual or eligible entity engaged in farming or allied activities should hold 3 acres or more for purchase of a truck.
Unattempted
An individual or eligible entity engaged in farming or allied activities should hold 3 acres or more for purchase of a truck.
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Question 5 of 10
5. Question
What is the minimum land holding required for purchase of light and medium vehicles such as Jeep or Mini Truck?
Correct
A minimum land holding of 2 acres or more is required for light and medium vehicles such as Jeeps, pickup vans and mini trucks.
Incorrect
A minimum land holding of 2 acres or more is required for light and medium vehicles such as Jeeps, pickup vans and mini trucks.
Unattempted
A minimum land holding of 2 acres or more is required for light and medium vehicles such as Jeeps, pickup vans and mini trucks.
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Question 6 of 10
6. Question
What is the minimum land holding required for purchase of a two-wheeler?
Correct
A farmer should have 1 acre or more of land for purchase of a two-wheeler under the scheme.
Incorrect
A farmer should have 1 acre or more of land for purchase of a two-wheeler under the scheme.
Unattempted
A farmer should have 1 acre or more of land for purchase of a two-wheeler under the scheme.
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Question 7 of 10
7. Question
Which of the following can be eligible under the scheme?
Correct
An individual, Hindu Undivided Family or association of persons, other than a company or cooperative society, engaged in farming or allied activities can be eligible.
Incorrect
An individual, Hindu Undivided Family or association of persons, other than a company or cooperative society, engaged in farming or allied activities can be eligible.
Unattempted
An individual, Hindu Undivided Family or association of persons, other than a company or cooperative society, engaged in farming or allied activities can be eligible.
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Question 8 of 10
8. Question
What is the extent of loan under the vehicle financing scheme?
Correct
The loan amount is need based.
Incorrect
The loan amount is need based.
Unattempted
The loan amount is need based.
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Question 9 of 10
9. Question
What is the normal repayment period specified under the scheme?
Correct
The normal repayment period is 60 months, which may be extended up to 72 months by Circle Heads.
Incorrect
The normal repayment period is 60 months, which may be extended up to 72 months by Circle Heads.
Unattempted
The normal repayment period is 60 months, which may be extended up to 72 months by Circle Heads.
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Question 10 of 10
10. Question
What is the maximum repayment period for two-wheeler loans under the scheme?
Correct
Two-wheeler loans are repayable over a maximum of 5 years in 10 half-yearly instalments.
Incorrect
Two-wheeler loans are repayable over a maximum of 5 years in 10 half-yearly instalments.
Unattempted
Two-wheeler loans are repayable over a maximum of 5 years in 10 half-yearly instalments.