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  9. Q18

BPSC (Bihar PCS) 2025 · Question 18 of 145

Before the launch of Kisan Rin Portal (KRP), farmers used to submit manual claims under the Interest Subvention and Prompt Repayment Incentive schemes to which of the following institution/s?

Economy

  1. AMinistry of Agriculture and Farmers Welfare and NABARD
  2. BReserve Bank of India and NABARDCorrect
  3. CNational Payments Corporation of India and Reserve Bank of India
  4. DMore than one of the above

Answer: B. Reserve Bank of India and NABARD

Explanation

Before the launch of Kisan Rin Portal (KRP), farmers used to submit manual claims under the Interest Subvention and Prompt Repayment Incentive schemes to the Ministry of Agriculture and Farmers Welfare and NABARD. Kisan Rin Portal (KRP) was launched in 2023 to track interest subvention claims digitally, ensuring faster disbursement, greater transparency, and accountability, benefiting both farm...

Source: 71st BPSC CCE Prelims 2025 (Set H)

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