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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. Correct Answer Incorrect Answer
    B Insurance is now voluntary for all farmers as per revised government norms. Correct Answer Incorrect Answer
    C Only loanee farmers in drought-prone areas must take insurance. Correct Answer Incorrect Answer
    D Insurance is required only for loans above ₹3 Lakh. Correct Answer Incorrect Answer
    E Insurance is only available for Kharif crops. Correct Answer Incorrect Answer

    Solution

    Since 2020, the government made PMFBY voluntary for all farmers, including loanee (KCC holder) farmers. Previously, it was mandatory.

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