Pradhan Mantri Fasal bhima yojana aims to unburden the farmers who are exposed to the vulnerabilities of natural calamities. Consider the following statements
1. The scheme aims to provide 2% annual insurance premium for Rabi crops
2. For horticulture crops the rate of premium is 10 %
Select the correct answer
1 only
2 only
Both
None
Explanation:
For Rabi crop 1.5 percent
For horticulture crop – 5 percent
For Rabi crop 1.5 percent
For horticulture crop – 5 percent