Question

What is the premium of horticultural crops under PMFBY?

A 2% Correct Answer Incorrect Answer
B 1.5% Correct Answer Incorrect Answer
C 5% Correct Answer Incorrect Answer
D 10% Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Pradhan Mantri Fasal Bima Yojana (PMFBY) is being implemented on actuarial/bidded premium rates however, farmers including small farmershave to pay maximum 2% for Kharif, 1.5% for Rabi food and oilseed crops and 5% for commercial/horticultural crops.

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