Question

Under the PMFBY, what is the premium rate for commercial horticulture?

A 1% Correct Answer Incorrect Answer
B 2% Correct Answer Incorrect Answer
C 3% Correct Answer Incorrect Answer
D 4% Correct Answer Incorrect Answer
E 5% Correct Answer Incorrect Answer

Solution

Under the Pradhan Mantri Fasal Bima Yojana (PMFBY), the premium rate for commercial horticulture is 5%, which is relatively higher than that for food and oilseed crops, reflecting the higher risk and value associated with horticulture.

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