Mukhyamantri Krishak Mitra Overdue Interest Relief / Loan Settlement Scheme 2025-26 MCQ - Practice Questions with Answers

Statements 1 and 2 reproduce the settlement formula: the borrower bears overdue principal, insurance premium and post-cutoff interest, while the State grants 100% relief on eligible overdue interest, penal interest and recovery cost. Statement 3 is false because loans issued since 2014-15 under the state interest-subsidy scheme are excluded.

The Assembly announcement was made on 12 March 2025, and the Raj Sahakar App CM OTS 2025-26 portal opened on 9 May 2025. The official progress snapshot of 10,523 settled borrowers is for 31 March 2026. The subsequent extension moved the deadline to 30 June 2026. Hence the correct matching is a-4, b-2, c-1 and d-3.

The Rajasthan Government made a ₹200 crore budget provision for this state-funded one-time loan-settlement scheme in 2025-26. The figures of about ₹143 crore and ₹190 crore refer respectively to the borrowers' deposited share and relief received up to 31 March 2026, so they cannot be substituted for the budget provision.

Both statements identify express special provisions of the settlement. Coverage extends to the heirs of deceased overdue borrowers, so death does not by itself end access to relief. The scheme also permits land earlier purchased in the bank's name during a recovery auction to be returned under the applicable settlement terms. Therefore, both statements are correct.

The eligible universe consists of land development bank loans that had become overdue by 1 July 2024. A specific exclusion applies to loans issued since 2014-15 under Rajasthan's state interest-subsidy scheme. Thus, neither ordinary short-term crop loans nor loans of any commercial bank qualify merely because they are overdue.