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UPSC 2016: 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
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Not attemptedCorrect Answer: (b) 2 only
Farmers pay 2 % premium only for Kharif crops, 1.5 % for Rabi and 5 % for commercial/horticultural crops; therefore there is no single uniform 2 % premium across all crops and seasons, so statement 1 is incorrect. The scheme explicitly covers post-harvest losses (up to 14 days) caused by cyclones, unseasonal rain, etc., making statement 2 correct. ([vajiramandravi.com](https://vajiramandravi.com/upsc-exam/with-reference-to-pradhan-mantri-fasal-bima-yojana-consider-the-following-statements/?utm_source=openai))
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What is the correct answer to this UPSC 2016 Indian Economy question?▼
The correct answer is option (b): 2 only. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Agriculture & Rural Development question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2016, GS Paper 1, as Question 21. It falls under Indian Economy > Agriculture & Rural Development.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Agriculture & Rural Development?▼
UPSC has asked 60 questions from Agriculture & Rural Development (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.