1 Answers

Option 4 : 2016

  • The Centre is implementing Pradhan Mantri Fasal Bima Yojana (PMFBY).
  • The scheme was launched in February 2016.
  • The scheme provides comprehensive insurance coverage against crop loss on account of non-preventable natural risks, thus helping stabilize farmer's income.
  • Under it, there is a uniform premium of only 2% to be paid by farmers for all Kharif crops and 1.5% for all Rabi crops.
4 views

Related Questions