New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Which of the following statements  is/are

    incorrect? 1. Telangana State government decided to rejoin the PMFBY scheme recently. 2. There has been no crop insurance scheme in Telangana since it opted out of the PMFBY scheme in 2016. 3. PMFBY aims to support production in agriculture by providing affordable crop insurance against all preventable natural risks.
    A Statements 1 and 2 Correct Answer Incorrect Answer
    B Statements 2 and 3 Correct Answer Incorrect Answer
    C Statements 1 and 3 Correct Answer Incorrect Answer
    D Only Statement 1 Correct Answer Incorrect Answer
    E All Statements 1, 2, and 3 Correct Answer Incorrect Answer

    Solution

    •     Telangana State government will rejoin the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme in the interests of farmers and to save them from losses caused by natural calamities. •     There has been no crop insurance scheme in Telangana, ever since the BRS government opted out of the scheme in 2020. Learn Along: About Pradhan Mantri Fasal Bima Yojana •     Launch: 2016 •     Pradhan Mantri Fasal Bima Yojana (PMFBY) aims to support production in agriculture by providing affordable crop insurance to ensure comprehensive risk cover for crops of farmers against all non-preventable natural risks from pre-sowing to post-harvest stage, on an ‘Area Approach Basis’. •     Stakeholders: Central Government, State Governments, Banks, CSCs, Insurance Companies, Farmers

    Practice Next

    Relevant for Exams: