New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    How much  is the Maximum Premium payable by the

    farmers  for Kharif crops under the PMFBY? 
    A 2% Correct Answer Incorrect Answer
    B 1.5% Correct Answer Incorrect Answer
    C 2.5% Correct Answer Incorrect Answer
    D 5% Correct Answer Incorrect Answer
    E none of the above Correct Answer Incorrect Answer

    Solution

    Under PMFBY, Premium rates- 2% Kharif, 1.5% Rabi & 5% for annual horticulture/perennial crops of the sum assured is payable by the farmers. Rest is paid by the government. 

    Practice Next

    Relevant for Exams: