Question

Which of the following statement is/are incorrect regarding “Restructured Weather Based Crop Insurance Scheme (RWBCIS)”?

      I.        The RWBCIS was launched on 18th February 2018 by Hon’ble Prime Minister.

    II.        The scheme is being administered by Ministry of Agriculture.

   III.         All standard Claims are processed and paid within 45 days from the end of the risk period.

A I only Correct Answer Incorrect Answer
B II and III only Correct Answer Incorrect Answer
C I and III only Correct Answer Incorrect Answer
D All of the above Correct Answer Incorrect Answer

Solution

The RWBCIS was launched on 18th February 2016 by Hon’ble Prime Minister 12 states implemented the scheme in Kharif 2016 whereas 9 states have implemented the scheme in Rabi 2016-17.

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