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    Question

    What is the premium for Kharif crops in PMFBY? 

    A 1.5 % Correct Answer Incorrect Answer
    B 2% Correct Answer Incorrect Answer
    C 5% Correct Answer Incorrect Answer
    D 2.5% Correct Answer Incorrect Answer
    E 3% Correct Answer Incorrect Answer

    Solution

    The premium for Kharif crops under the Pradhan Mantri Fasal Bima Yojana (PMFBY) is a maximum of 2% of the sum insured (SI) or the actuarial rate, whichever is lower.

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