The correct answer is: D. Wheat and paddy.
The Pradhan Mantri Fasal Bima Yojana (PMFBY) is a crop insurance scheme launched by the Government of India in 2016. The scheme provides insurance cover to farmers against crop loss due to natural calamities, such as floods, droughts, hailstorms, and pest attacks.
The PMFBY covers all kharif and rabi crops, except for horticultural crops and plantation crops. The scheme is implemented by the Agriculture Insurance Company of India (AIC).
The premium for the PMFBY is paid by the Central Government and the State Governments in the ratio of 60:40. The farmers are required to pay a premium of only 2% of the insured value of the crop.
The PMFBY has been a major success since its launch. The scheme has covered over 500 million farmers and over 500 million hectares of land. The scheme has also paid out over â¹1 lakh crore in claims to farmers.
The PMFBY has been instrumental in providing financial assistance to farmers who have suffered crop losses due to natural calamities. The scheme has also helped to improve the resilience of the agricultural sector to climate change.
The PMFBY is a flagship scheme of the Government of India and is a major step towards ensuring food security in the country.
The other options are incorrect because they do not cover all kharif and rabi crops.