New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Consider the following statement about Pradhan Mantri

    Fasal Bima Yojana. I. Recently Maharashtra government had requested to extend deadline of Crop Insurance scheme, PMFBY till July 23. II. This scheme replaced two schemes called National Agricultural Insurance Scheme (NAIS) and Modified National Agricultural Insurance Scheme (MNAIS). III. This scheme provided cover to all Food & Oilseeds crops and annual commercial or horticultural crop. Select the correct codes given belwo?
    A I only Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C III only Correct Answer Incorrect Answer
    D All statements are true Correct Answer Incorrect Answer
    E All statements are false Correct Answer Incorrect Answer

    Solution

    Maharashtra government had requested to extend deadline of Crop Insurance scheme, PMFBY till July 23. State Government has requested to extend cut-off for Kharif 2021 in the aftermath of challenges faced due to COVID-19 pandemic. As per Maharashtra government, 46 lakh farmers have applied for scheme, but many of them are yet to complete enrolment formalities. PMFBY was launched on February 18, 2016 by Prime Minister Narendra Modi in Madhya Pradesh. It is an insurance cover for farmers for their yields. This scheme was formulated under One Nation–One Scheme theme. This scheme replaced two schemes called National Agricultural Insurance Scheme (NAIS) and Modified National Agricultural Insurance Scheme (MNAIS). This scheme provided cover to all Food & Oilseeds crops and annual commercial or horticultural crops for which past yield data is available.

    Practice Next

    Relevant for Exams: