UPSC 2016EconomyModerate

With reference to 'Pradhan Mantri Fasal Bima Yojana', consider the following statements : 1. Under this scheme, farmers will have to pay a uniform premium of two percent for any crop they cultivate in any season of the year. 2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains. Which of the statements given above is/are correct?

a
1 only
b
2 only
c
Both 1 and 2
d
Neither 1 nor 2
Government Schemes (Agriculture)Crop Insurance SchemesPradhan Mantri Fasal Bima Yojana (PMFBY)premiumtwo percentcropseasonpost-harvest lossescyclonesunseasonal rains

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