The 'Pradhan Mantri Fasal Bima Yojana (PMFBY)' provides insurance cove

The ‘Pradhan Mantri Fasal Bima Yojana (PMFBY)’ provides insurance coverage to farmers against losses due to which of the following?

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1. Earthquakes
2. Droughts
3. Floods
4. Cyclones

Select the correct answer using the code given below.

1 only

2, 3 and 4 only

2 only

1, 2, 3 and 4

Answer is Right!

Answer is Wrong!

This question was previously asked in

UPSC Combined Section Officer – 2019-20

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The Pradhan Mantri Fasal Bima Yojana (PMFBY) is a crop insurance scheme that provides comprehensive coverage against yield losses arising out of non-preventable risks. These risks include natural fire and lightning, storm, hailstorm, cyclone, typhoon, tempest, hurricane, tornado, flood, inundation, landslide, drought, dry spells, pests/disease. Therefore, Droughts (2), Floods (3), and Cyclones (4) are covered. Earthquakes (1) are typically not covered under this scheme.

PMFBY covers yield losses due to a wide range of natural calamities and risks.

The scheme also covers localized risks (like hailstorm, landslide, inundation) and post-harvest losses for certain crops due to specified perils.

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