Q. With reference to Fisheries and Aquaculture Development Fund (FIDF) consider the following statements:
1.It aims to create employment in the fisheries sector.
2.It aims at creating fisheries infrastructure only for Inland fisheries sectors.
3.All scheduled banks are Nodal Loaning entities (NLEs) to provide concessional finance under the FIDF.
Which of the statements given above is/are correct?

[A] 1 and 2 only

[B] 1 only

[C] 1 and 3 only

[D] 2 and 3 only

Answer: C
Notes:

Explanation –

Statement 1 and 3 are correct. FIDF aims to create employment opportunities to over 9.40 lakh fishers/fishermen/fisherfolk and other entrepreneurs in fishing and allied activities. NABARD, NCDC and all scheduled banks are Nodal Loaning entities (NLEs) to provide concessional finance under the FIDF.

Statement 2 is incorrect. FIDF aims at creation of fisheries infrastructure facilities both in marine and Inland fisheries sectors.

Source: ForumIAS