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Consider the following statements regarding Pradhan Mantri Fasal Bima Yojana (PMFBY): 1. It provides a comprehensive insurance cover against the failure of the crop thus helping in stabilising the income of the farmers.2. The prescribed premium is 2% to be paid by farmers for all Kharif crops and 1.5% for all rabi crops. In the case of annual commercial and horticultural crops, the premium is 5%.3. The scheme was compulsory for loanee farmers availing Crop Loan/Kisan Credit Card (KCC) account for notified crops and voluntary for others.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)1 and 3d)1 and 2e)1, 2 and 3Correct answer is option 'E'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Consider the following statements regarding Pradhan Mantri Fasal Bima Yojana (PMFBY): 1. It provides a comprehensive insurance cover against the failure of the crop thus helping in stabilising the income of the farmers.2. The prescribed premium is 2% to be paid by farmers for all Kharif crops and 1.5% for all rabi crops. In the case of annual commercial and horticultural crops, the premium is 5%.3. The scheme was compulsory for loanee farmers availing Crop Loan/Kisan Credit Card (KCC) account for notified crops and voluntary for others.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)1 and 3d)1 and 2e)1, 2 and 3Correct answer is option 'E'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Pradhan Mantri Fasal Bima Yojana (PMFBY): 1. It provides a comprehensive insurance cover against the failure of the crop thus helping in stabilising the income of the farmers.2. The prescribed premium is 2% to be paid by farmers for all Kharif crops and 1.5% for all rabi crops. In the case of annual commercial and horticultural crops, the premium is 5%.3. The scheme was compulsory for loanee farmers availing Crop Loan/Kisan Credit Card (KCC) account for notified crops and voluntary for others.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)1 and 3d)1 and 2e)1, 2 and 3Correct answer is option 'E'. Can you explain this answer?.

Solutions for Consider the following statements regarding Pradhan Mantri Fasal Bima Yojana (PMFBY): 1. It provides a comprehensive insurance cover against the failure of the crop thus helping in stabilising the income of the farmers.2. The prescribed premium is 2% to be paid by farmers for all Kharif crops and 1.5% for all rabi crops. In the case of annual commercial and horticultural crops, the premium is 5%.3. The scheme was compulsory for loanee farmers availing Crop Loan/Kisan Credit Card (KCC) account for notified crops and voluntary for others.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)1 and 3d)1 and 2e)1, 2 and 3Correct answer is option 'E'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of Consider the following statements regarding Pradhan Mantri Fasal Bima Yojana (PMFBY): 1. It provides a comprehensive insurance cover against the failure of the crop thus helping in stabilising the income of the farmers.2. The prescribed premium is 2% to be paid by farmers for all Kharif crops and 1.5% for all rabi crops. In the case of annual commercial and horticultural crops, the premium is 5%.3. The scheme was compulsory for loanee farmers availing Crop Loan/Kisan Credit Card (KCC) account for notified crops and voluntary for others.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)1 and 3d)1 and 2e)1, 2 and 3Correct answer is option 'E'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements regarding Pradhan Mantri Fasal Bima Yojana (PMFBY): 1. It provides a comprehensive insurance cover against the failure of the crop thus helping in stabilising the income of the farmers.2. The prescribed premium is 2% to be paid by farmers for all Kharif crops and 1.5% for all rabi crops. In the case of annual commercial and horticultural crops, the premium is 5%.3. The scheme was compulsory for loanee farmers availing Crop Loan/Kisan Credit Card (KCC) account for notified crops and voluntary for others.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)1 and 3d)1 and 2e)1, 2 and 3Correct answer is option 'E'. Can you explain this answer?, a detailed solution for Consider the following statements regarding Pradhan Mantri Fasal Bima Yojana (PMFBY): 1. It provides a comprehensive insurance cover against the failure of the crop thus helping in stabilising the income of the farmers.2. The prescribed premium is 2% to be paid by farmers for all Kharif crops and 1.5% for all rabi crops. In the case of annual commercial and horticultural crops, the premium is 5%.3. The scheme was compulsory for loanee farmers availing Crop Loan/Kisan Credit Card (KCC) account for notified crops and voluntary for others.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)1 and 3d)1 and 2e)1, 2 and 3Correct answer is option 'E'. Can you explain this answer? has been provided alongside types of Consider the following statements regarding Pradhan Mantri Fasal Bima Yojana (PMFBY): 1. It provides a comprehensive insurance cover against the failure of the crop thus helping in stabilising the income of the farmers.2. The prescribed premium is 2% to be paid by farmers for all Kharif crops and 1.5% for all rabi crops. In the case of annual commercial and horticultural crops, the premium is 5%.3. The scheme was compulsory for loanee farmers availing Crop Loan/Kisan Credit Card (KCC) account for notified crops and voluntary for others.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)1 and 3d)1 and 2e)1, 2 and 3Correct answer is option 'E'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements regarding Pradhan Mantri Fasal Bima Yojana (PMFBY): 1. It provides a comprehensive insurance cover against the failure of the crop thus helping in stabilising the income of the farmers.2. The prescribed premium is 2% to be paid by farmers for all Kharif crops and 1.5% for all rabi crops. In the case of annual commercial and horticultural crops, the premium is 5%.3. The scheme was compulsory for loanee farmers availing Crop Loan/Kisan Credit Card (KCC) account for notified crops and voluntary for others.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)1 and 3d)1 and 2e)1, 2 and 3Correct answer is option 'E'. Can you explain this answer? tests, examples and also practice Banking Exams tests.