MCQ
Cooperative grain storage finance MCQ - Practice Questions with Answers
Solve 1 Cooperative grain storage finance questions for RAS/RPSC preparation.
Practice questions
Q1Assertion (A): Under the Decentralised Grain Storage Plan in the Cooperative Sector, the effective loan interest rate for participating PACS can fall to about 1%. Reason (R): Subject to prescribed conditions, the Food Corporation of India has been authorised to mandatorily hire eligible godowns built under the plan. Select the correct answer using the code given below.
Both A and R are true. The near-1% effective interest comes from NABARD special refinance combined with 3% AIF interest subsidy, not from mandatory FCI hiring of eligible godowns. FCI hiring improves project viability but does not explain the interest rate. Hence B.
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