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

    Question

    The Pradhan Mantri Fasal Bima Yojana (PMFBY) provides

    crop insurance to farmers to protect them from losses due to natural calamities. Which of the following is NOT covered under the scheme?
    A Pre-sowing losses due to adverse weather conditions Correct Answer Incorrect Answer
    B Post-harvest losses caused by cyclonic rains for up to 14 days Correct Answer Incorrect Answer
    C Damage to crops due to unseasonal rains and floods Correct Answer Incorrect Answer
    D Losses due to the outbreak of pests and diseases Correct Answer Incorrect Answer
    E Economic losses incurred due to market price fluctuations Correct Answer Incorrect Answer

    Solution

    PMFBY covers losses due to natural calamities, pests, and diseases but does not cover economic losses incurred due to market price fluctuations. It focuses on crop-related risks.

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