Correct Option (b):
The Kisan Credit Card (KCC) scheme is designed to provide short-term credit support to farmers for various agricultural and allied activities. The eligible purposes for short-term credit under KCC include:
- Working capital for the maintenance of farm assets, which covers immediate operational expenses.
- Consumption requirements of farm households, aimed at addressing the basic needs of farmers and preventing distress.
- Post-harvest expenses, including marketing and transportation of produce, which are integral to the crop cycle.
Therefore, statements 1, 3, and 4 are correct.
Incorrect Options:
- Statement 2: The purchase of capital assets such as combine harvesters, tractors, and mini trucks typically requires medium or long-term agricultural loans, not short-term credit provided under the KCC scheme.
- Statement 5: The construction of a family house and the setting up of a village cold storage facility are capital expenditures that fall under long-term investment credit, which is distinct from the short-term operational credit offered by KCC.