Question of The Day30-10-2022

'Safal' common credit portal for farmer’s welfare was launched by Odisha CM Naveen Patnaik. What does 'Safal' stand for?

Answer

Correct Answer : c ) Simplified Application for Agricultural Loans

Explanation :

Odisha CM Naveen Patnaik has launched a common credit portal for farmers’ welfare named "SAFAL". ‘SAFAL' stands for Simplified Application for Agricultural Loans. It will enable farmers and agri-entrepreneurs to access over 300 term loan products from over 40 banks. It has also been integrated with Krishak Odisha and will have access to over 70 model project reports.

Hence, (c) is the correct answer.

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