At what interest rate percent per annum, The Union Cabinet gave its approval to continue interest subsidy to Public Sector Banks (PSBs), Regional Rural Banks (RRBs), Cooperatives Banks and NABARD enabling them to provide short-term crop loans of up to Rs 3 lakhs to farmers during the year 2012-13?
A. 7% Per annum
B. 8.5 % Per annum
C. 6 % Per annum
D. 5 % per annum
Answer:A
At what interest rate percent per annum, The Union Cabinet gave its approval to continue interest subsidy to Public Sector Banks (PSBs), Regional Rural Banks (RRBs), Cooperatives Banks and NABARD enabling them to provide short-term crop loans of up to Rs 3 lakhs to farmers during the year 2012-13?
A. 7% Per annum B. 8.5 % Per annum C. 6 % Per annum D. 5 % per annum