Current Affairs · Government Schemes and Initiatives
Regarding the implementation of the Pradhan Mantri Fasal Bima Yojana (PMFBY) in mid-2024, consider the following statements: 1. A major financial installment of over Rs. 3,000 crore was digitally transferred via DBT to benefit around 35 lakh farmers in Rajasthan. 2. The PMFBY financial payout aims to cover risk and mitigate losses faced by farmers due to crop failure from localized natural calamities. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both 1 and 2✓
- 2Neither 1 nor 2
- 3Only 2
- 4Only 1
Correct answer
Both 1 and 2
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