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Under Pradhan Mantri Fasal Bima Yojana, the premium interest is paid by farmers for unirrigated crops at ________.
Question

Under Pradhan Mantri Fasal Bima Yojana, the premium interest is paid by farmers for unirrigated crops at ________.

A.

2%

B.

5%

C.

1.5%

D.

10%

Correct option is A


Under the Pradhan Mantri Fasal Bima Yojana (PMFBY), farmers pay a premium rate of 2% for unirrigated (rain-fed) crops. The scheme provides financial support and risk mitigation for farmers.

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