Civil Services Prep

Prelims 2016 · Agriculture · Question 46

With reference to 'Pradhan Mantri Fasal Bima Yojana', consider the following statements:<br/>1. Under this scheme, farmers will have to pay a uniform premium of two percent for any crop they cultivate in any season of the year.<br/>2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains.<br/><br/>Which of the statements given above is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer

2 only

Statement 1: Incorrect. Under PMFBY, the farmer premium is 2% for Kharif crops, 1.5% for Rabi crops, and 5% for commercial/horticultural crops; it is not a uniform 2% for any crop in any season.

Statement 2: Correct. PMFBY covers post-harvest losses for a limited period due to events like cyclone and unseasonal rains.

Therefore, only statement 2 is correct.

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