{"id":81858,"date":"2024-04-21T18:21:34","date_gmt":"2024-04-21T18:21:34","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=81858"},"modified":"2024-04-21T18:21:34","modified_gmt":"2024-04-21T18:21:34","slug":"what-is-the-farmers-share-of-premium-for-rabi-crops-under-pradhan-mantri-fasal-bima-yojana-pmfby","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/what-is-the-farmers-share-of-premium-for-rabi-crops-under-pradhan-mantri-fasal-bima-yojana-pmfby\/","title":{"rendered":"What is the farmer&#8217;s share of premium for Rabi crops under Pradhan Mantri Fasal Bima Yojana (PMFBY)?"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a9736e11e0bf\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"true\">\r\n                    1.50%                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    2%                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"false\">\r\n                    5%                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    10%                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is A. 1.50%.<\/p>\n<p>The Pradhan Mantri Fasal Bima Yojana (PMFBY) is a crop insurance scheme launched by the Government of India in 2016. The scheme is designed to provide financial assistance to farmers in the event of crop failure due to natural calamities.<\/p>\n<p>Under the PMFBY, the farmer&#8217;s share of the premium is 1.50% for Rabi crops. The remaining 85% of the premium is paid by the Government of India.<\/p>\n<p>The PMFBY is a comprehensive crop insurance scheme that covers all major Kharif and Rabi crops. The scheme provides coverage against a wide range of risks, including drought, flood, hailstorm, fire, and pest attack.<\/p>\n<p>The PMFBY has been a major success since its launch. In the first three years of the scheme, over 500 million farmers have been insured and over \u00e2\u0082\u00b91 lakh crore has been paid out in claims.<\/p>\n<p>The PMFBY has helped to reduce the financial burden on farmers in the event of crop failure. It has also helped to improve the resilience of the agricultural sector to climate change.<\/p>\n<p>The PMFBY is a flagship scheme of the Government of India that is designed to provide financial assistance to farmers in the event of crop failure. The scheme is a comprehensive crop insurance scheme that covers all major Kharif and Rabi crops. The scheme provides coverage against a wide range of risks, including drought, flood, hailstorm, fire, and pest attack. The PMFBY has been a major success since its launch. In the first three years of the scheme, over <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n           <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div>  <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> 500 million farmers have been insured and over \u00e2\u0082\u00b91 lakh crore has been paid out in claims. The PMFBY has helped to reduce the financial burden on farmers in the event of crop failure. It has also helped to improve the resilience of the agricultural sector to climate change.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Join Our Telegram Channel Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[980],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is the farmer&#039;s share of premium for Rabi crops under Pradhan Mantri Fasal Bima Yojana (PMFBY)?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/what-is-the-farmers-share-of-premium-for-rabi-crops-under-pradhan-mantri-fasal-bima-yojana-pmfby\/\" \/>\n<meta property=\"og:locale\" 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