Current Affairs · Government Schemes
A programme provides insurance coverage to farmers for crop loss due to natural calamities, pests, and diseases. Consider the following statements with respect to the Pradhan Mantri Fasal Bima Yojana (PMFBY): 1. It was launched in 2016 as a replacement for earlier crop insurance schemes. 2. Farmers' premium is capped at 2% for Kharif crops and 1.5% for Rabi crops. 3. The scheme is implemented by insurance companies under the administrative control of the Ministry of Finance. Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 and 3 only
- 22 and 3 only
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- 41 only
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1 and 2 only
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