Question

Under the PMFBY the premium rate (%) to be paid by farmer of the total cost of all kharif crops and oilseeds-

For all kharif food grains and oilseed crops farmers has to pay the premium rate of 2 of sum insured

A 3% of Sum insured or actual rate whichever is less

B 2.5% of Sum insured or actual rate whichever is less

C 2% of Sum insured or actual rate whichever is less

D 5% of Sum insured or actual rate whichever is less

E 1.5% of Sum insured or actual rate whichever is less

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