CAIIB · RB · Chapter 10

Financing agriculture and allied activities

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Rural Banking (Elective) — CAIIB.

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One-liners from this chapter

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Q

Validity?

A

5 years, subject to annual review

Q

Each ST withdrawal?

A

To be liquidated within 12 months (revised in 2012 to align with harvest/marketing period)

Q

Rate of interest?

A

Linked to base rate / MCLR / EBLR; adjusted for interest subvention

Q

ISS rate to farmer?

A

7 % p.a. (effective rate post 3 % PRI = 4 %)

Q

NPA classification?

A

Per IRAC norms issued by RBI — applied to ST loans if outstanding > drawing limit or > 12 months, and to term loans on fixed-instalment basis

Q

Area Development Scheme — Lead Formulator / Nature?

A

Lead Formulator: Bank; Nature: Uniform investment & outlay for a defined area (e.g., dairy scheme for a district — ₹50,000/unit, 100 units)

Q

Banking Plan — Lead Formulator / Nature?

A

Lead Formulator: Development agency (State Dept / NABARD); Nature: Multi-bank, multi-district / state implementation (e.g., MI banking plan, Multi-state cashew project)

Q

Individual-Borrower-Oriented Investment — Lead Formulator / Nature?

A

Lead Formulator: Borrower; Nature: Custom project; can be small (one well, two cows) or commercial (50 cross-bred cow dairy with feed mill)

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