Choose the given statement as true/false:

The full form of KCC is Kisan credit card.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
The full form of KCC is Kisan credit card. The Kisan credit card (KCC) scheme was launched in 1998 to provide Short time formal credit to farmers and was created by NABARD (National Bank for Agriculture and Rural Development). The KCC scheme was introduced to confirm that the credit necessities of farmers in the agriculture, fisheries, and poultry sectors were being met. This was done by helping them avail short-term loans and providing them with a credit limit to buy equipment for farms and their different expenses also.

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