PMFBY











1)Which of the following ministry is responsible for the implementation of Pradhan Mantri Fasal Bima yojana?
1. Ministry of water resources,river development and ganga rejuvenation
2.ministry of rural development
3.ministry of agriculture
4.ministry of chemical and fertilizers

Correct options
A)123

B)143

C)1234

Explanation A)









Pradhan Mantri Fasal Bima yojana:

1) It covers all food grains, oilseeds and annual commercial and horticulture crops
2) one season one rate-maximum 2%for kharif,
1.5%for Rabi and 5%for annual commercial/horticulture crops.
3) covers all Risks of crop cycle;preventive sowing
4)For losses due to hailstorm, landslide and inundation assessment of yield losses at individual field level.
5)post harvest losses for cut and spread crops on field upto 14days due to cyclonic rain and unseasonal rains
6) on account payment upto 25%of sum insured due to prevent.

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