ibps-so 2016 · Question 374 of 394

A progressive grower who supplies grafted mango and guava plants to the growers of the district wants term nance for a small nursery of one hectare, laid out with a mother block, a progeny orchard and a hardening area, and has stated that he will draw the assistance admissible for such a nursery under the National Horticulture Mission through the State horticulture department. The eld o cer must record the amount of that assistance in his appraisal, since it will be adjusted against the loan when it is received and the margin is worked out net of it. He notes that the scheme provides at a much higher scale for a big nursery of four hectares and at this scale for a small nursery of one hectare, and that the gure to be entered is the one prescribed for the scale of the unit actually proposed. The assistance available per hectare for a small nursery under the National Horticulture Mission is

1. A₹50,000
2. B₹1 lakh
3. C₹1.5 lakh
4. D₹2 lakhCorrect
5. E₹5 lakh