arrow
arrow
arrow
Which of the following indemnity levels has been provided under the ‘Pradhan Mantri Fasal Bima Yojana’?
Question

Which of the following indemnity levels has been provided under the ‘Pradhan Mantri Fasal Bima Yojana’?

A.

Four indemnity levels — 50%, 65%, 80% and 90%

B.

Five indemnity levels — 50%, 60%, 70%, 80% and 90%

C.

Three indemnity levels — 70%, 80% and 90%

D.

Two indemnity levels — 50% and 75%

Correct option is C


The correct answer is (c) Three indemnity levels — 70%, 80%, and 90%.
· Under the Pradhan Mantri Fasal Bima Yojana (PMFBY), three indemnity levels have been provided, which are 70%, 80%, and 90% of the sum insured. These indemnity levels refer to the percentage of the crop yield guaranteed under the insurance scheme. If the actual yield falls below these levels due to natural calamities, pests, or diseases, farmers are compensated based on the chosen indemnity level.
Information Booster:
· The scheme is aimed at providing financial support to farmers suffering from crop loss or damage.
· It covers pre-sowing to post-harvest losses and helps stabilize farmers' incomes.

Free Tests

Free
Must Attempt

CBT-1 Full Mock Test 1

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon100 Marks
  • timerIcon90 Mins
languageIcon English
Free
Must Attempt

RRB NTPC UG Level PYP (Held on 7 Aug 2025 S1)

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon100 Marks
  • timerIcon90 Mins
languageIcon English
Free
Must Attempt

CBT-1 General Awareness Section Test 1

languageIcon English
  • pdpQsnIcon40 Questions
  • pdpsheetsIcon30 Marks
  • timerIcon25 Mins
languageIcon English
test-prime-package

Access ‘RRB NTPC’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
383k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow