Pradhan Mantri Fasal Bima Yojana

1. What is uniform premium to be paid by the farmer in case of Kharif Crop, Rabi Crop and Commercial & Horticultural crops?
   1. 1% , 2%, 3% respectively
   2. 2%, 1.5% and 5% respectively
   3. 3%, 2% and 2.5% respectively
   4. 5% for all.
       
2. Which of these is not correct regarding the scheme?
   1. There is no upper limit on Government subsidy. Capping on premium has been removed and farmers will get claim against full sum insured without any reduction.
   2. Localized Risk coverage include Hailstorm, Landslide and Inundation
   3. The scheme replaces existing two schemes viz. National Agricultural Insurance Scheme (MNAIS) and Modified National Agricultural Insurance Scheme (MNAIS)
   4. Post Harvest Losses coverage is not included
       
3. Use of technology has been made mandatory in this scheme. Consider the following statements and find out the incorrect option among the following:

1. To reduce the number of crop cutting experiments remote sensing will be used
2. In order to reduce the delays in claim payment to farmers, smart phones will be used to capture and upload data of crop cutting

1. i and ii are correct
2. only i is correct
3. only ii is correct
4. Both are wrong 

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

Answers

1. b
2. d
3. a
4. The main provisions of the bill are as follows
   1. Premium rate is lower than NAIS
   2. Based on One Season – One Premium for all food grains, oilseeds and pulses
   3. Based on One Nation – One Scheme Theme
   4. On Account Payment
   5. Post Harvest Loss Coverage for all India- for cyclonic and unseasonal rain
   6. Prevented Sowing Coverage
   7. Target to double the coverage by 50% (Awareness)
   8. Mandatory use of technology