What type of banks are proposed to be set up in Bihar for agriculture and rural development?
- AKrishi Vigyan Bank
- BKrishi Yantra Bank
- CKrishi Vikas Bank
- DKrishi Utthan Bank
- ENone of the above / More than one of the above
Show answer and explanation
Correct answer: (b) Krishi Yantra Bank
Explanation
In October, 2021, during the 'Rabi Mahabhiyan' launched by the Chief Minister of Bihar, Nitish Kumar, it was announced to establish Krishi Yantra Bank for providing farmers with necessary agricultural implements for modern farming. Under this scheme, more than 100 agricultural machinery banks have been established in various districts of the state.