Question
Consider the following Statements. (i) Pradhan
Mantri Fasal Bima Yojana (PMFBY) wa launched in 2016. (ii) The scheme is being implemented through 18 General Insurance Companies including all the 5 Government Sector Companies. (iii) Under PMFBY, a uniform maximum premium of only 2 per cent of the sum insured is paid by farmers for all Kharif crops and 1.5 per cent for all Rabi crops.Solution
After detailed discussions with various stakeholders including state governments, representatives of farmer organisations, Government of India had formulated the new crop insurance scheme, viz., Pradhan Mantri Fasal Bima Yojana (PMFBY), which is being implemented in various states/union territories of the country from Kharif 2016. The scheme is being implemented through 18 General Insurance Companies including all the 5 Government Sector Companies. Under PMFBY, a uniform maximum premium of only 2 per cent of the sum insured is paid by farmers for all Kharif crops and 1.5 per cent for all Rabi crops.
Which of the following is NOT a capital budgeting decision?
What is the primary objective of capital budgeting?
Which of the following factors are likely to act as an obstacle for India to be a part of the global assembly chain for the Networked products?
An assessee liable to pay advance tax is not liable to pay interest u/s 234B if the advance tax paid by him is not less than
When a borrower creates a charge over movable assets (present or future) in favor of a lender, but retains possession of those assets, such a security a...
In insurance accounting, what does the "claims reserve" represent?
Entity issues convertible debentures that are dilutive. Net profit = ₹100 crore; weighted average equity shares = 10 crore. If converted, debentures w...
While determining the Material Cost, _______ is not deducted from the purchase price.
It is treated as interest and finance charges. It is ignored.
Activity Ratios are meant to indicate:
In which situation flow of funds does not happen?
