CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which government announces unique life insurance scheme for farmers?
A
Kerala
B
Teleganna
C
Tamil Nadu
D
Bihar
Explanation: 

Detailed explanation-1: -The Pradhan Mantri Fasal Bima Yojna was launched on 18th February 2016 by Prime Minister Shri Narendra Modi.

Detailed explanation-2: -• PMFBY will provide a comprehensive insurance cover against failure of the. crop thus helping in stabilising the income of the farmers and encourage them for adoption of innovative practices. • The Scheme can cover all Food & Oilseeds crops and Annual.

Detailed explanation-3: -National Agricultural Insurance Scheme (NAIS): To enlarge the coverage in terms of farmers (loanee and non-loanee both), more crops and more risks, ‘National Agricultural Insurance Scheme (NAIS) – (Rashtriya Krishi Bima Yojana)’ was introduced in Rabi 1999-2000 season in the country.

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