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      Question

      What is the premium for Kharif crops in

      PMFBY? 
      A 1.5 % Correct Answer Incorrect Answer
      B 2% Correct Answer Incorrect Answer
      C 5% Correct Answer Incorrect Answer
      D 2.5% Correct Answer Incorrect Answer
      E 3% Correct Answer Incorrect Answer

      Solution

      The premium for Kharif crops under the Pradhan Mantri Fasal Bima Yojana (PMFBY) is a maximum of 2% of the sum insured (SI) or the actuarial rate, whichever is lower.

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