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Question

For a KCC account, what is the mandatory 'Crop Insurance' requirement?

A All KCC loans must be insured under the PM Fasal Bima Yojana (PMFBY) on a mandatory basis.

B Insurance is now voluntary for all farmers as per revised government norms.

C Only loanee farmers in drought-prone areas must take insurance.

D Insurance is required only for loans above ₹3 Lakh.

E Insurance is only available for Kharif crops.

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Relevant for Exams:

SBI CBO

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