Correct option is B
·
Correct answer: (b) 2.0 percent
· Under the
Pradhan Mantri Fasal Bima Yojana (PMFBY), farmers are required to pay
2.0 percent of the sum insured as the premium for Kharif crops.
Other options:
·
(a) 2.5 percent: Incorrect, as it is higher than the actual required premium.
·
(c) 1.5 percent: Incorrect, as it is lower than the premium set under PMFBY.
·
(d) 1.0 percent: Incorrect, as it is also lower than the actual premium required.