Sunday 22 May 2016

Pradhan Mantri Fasal Bima Yojana - Agriculture Ministry (Updated Questions)

1) The uniform premium to be paid by the farmer in case of Kharif Crop, Rabi Crop and Commercial & Horticultural crops would be :

a) 1% , 2%, 3% respectively
b) 2%, 1.5% and 5% respectively
c) 3%, 2% and 2.5% respectively
d) 5% for all.

2) Which of the following statements is not the correct provision of this scheme?

a) No upper limit on government subsidy.
b) Localized risk coverage include hailstorm, landslide and inundation.
c) The scheme replaces existing two schemes viz. National Agricultural Insurance Scheme (NAIS) and Modified National Agricultural Insurance Scheme (MNAIS)
d) Post harvest loss coverage is excluded.

 3) Use of technology has been made mandatory in this scheme. Consider the following statements and find out the incorrect option among the following:

a) To reduce the number of crop cutting experiments remote sensing will be used
b) To reduce the delays in claim payment, smart phones will be used to capture and upload data of crop cutting
c) Both a and b
d) Neither a nor b

4) Who of the following is/are also eligible under this scheme?

a) Sharecroppers
b) Tenant Farmers
c) Both a and b
d) Neither a nor b

4.List the main provisions of the scheme in not more than 50 words.  

Answers

1) b
2) d
3) d
4) c
5) The main provisions of the bill are as follows

# Premium rate is lower than NAIS
# Based on One Season – One Premium for all food grains, oilseeds and pulses
# Based on One Nation – One Scheme Theme
# On Account Payment
# Post Harvest Loss Coverage for all India- for cyclonic and unseasonal rain
# Prevented Sowing Coverage
# Target to double the coverage by 50% (Awareness)
# Mandatory use of technology

 Reference : PIB Link

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