New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Max premium payable by farmer for the rabi season cover

    all food grains and oilseeds crops (Cereals, Millets, Pulses etc) is  
    A 2.5% of sum insured and actual rate whichever is less Correct Answer Incorrect Answer
    B 2.0% of sum insured and actual rate whichever is less Correct Answer Incorrect Answer
    C 1.5% of sum insured and actual rate whichever is less Correct Answer Incorrect Answer
    D 5% of sum insured and actual rate whichever is less Correct Answer Incorrect Answer
    E 3% of sum insured and actual rate whichever is less Correct Answer Incorrect Answer

    Solution

    1.5% of sum insured and actual rate whichever is less , Uder PMFBY For Kharif- 2%, For Rabi 1.5% and for annual commercial or horticultural crops 5%

    Practice Next