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With reference to ‘Pradhan Mantri Fasal Bima Yojana’, consider the following statements:
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.
2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains.
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.
2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains.
Which of the statements given above is/are correct?
[2016]
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
With reference to ‘Pradhan Mantri Fasal Bima Yojana’, cons...
(i) Pradhan Mantri Fasal Bima Yojana will also seek to address a long standing demand of farmers and provide farm level assessment for localised calamities including hailstorms, unseasonal rains, landslides and inundation.
(ii) Post-harvest loss is included so #2 is right. But Under the new scheme, farmers will have to pay a uniform premium of two per cent for all kharif crops and 1.5 per cent for all rabi crops. For annual commercial and horticultural crops, farmers will have to pay a premium of 5 per cent. So, #1 is wrong. Therefore, answer (b) only 2.
(ii) Post-harvest loss is included so #2 is right. But Under the new scheme, farmers will have to pay a uniform premium of two per cent for all kharif crops and 1.5 per cent for all rabi crops. For annual commercial and horticultural crops, farmers will have to pay a premium of 5 per cent. So, #1 is wrong. Therefore, answer (b) only 2.
Most Upvoted Answer
With reference to ‘Pradhan Mantri Fasal Bima Yojana’, cons...
Statement Analysis:
Statement 1: Under the Pradhan Mantri Fasal Bima Yojana, farmers do not have to pay a uniform premium of two percent for any crop they cultivate in any season of the year. The premium rates are determined based on the type of crop and its risk level. Hence, this statement is incorrect.
Statement 2: The Pradhan Mantri Fasal Bima Yojana primarily covers yield losses due to natural calamities like drought, floods, pests, etc. It does not cover post-harvest losses arising out of cyclones and unseasonal rains. Therefore, this statement is also incorrect.
Therefore, the correct answer is:
Option B) 2 only
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With reference to ‘Pradhan Mantri Fasal Bima Yojana’, consider the following statements: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.2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains.Which of the statements given above is/are correct?[2016]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to ‘Pradhan Mantri Fasal Bima Yojana’, consider the following statements: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.2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains.Which of the statements given above is/are correct?[2016]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to ‘Pradhan Mantri Fasal Bima Yojana’, consider the following statements: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.2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains.Which of the statements given above is/are correct?[2016]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
With reference to ‘Pradhan Mantri Fasal Bima Yojana’, consider the following statements: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.2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains.Which of the statements given above is/are correct?[2016]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to ‘Pradhan Mantri Fasal Bima Yojana’, consider the following statements: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.2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains.Which of the statements given above is/are correct?[2016]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to ‘Pradhan Mantri Fasal Bima Yojana’, consider the following statements: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.2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains.Which of the statements given above is/are correct?[2016]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
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