Fasal Bima Yojana Facts Quiz Quiz

Explore key facts about crop insurance schemes in agriculture, including aims, eligibility, and coverage under government programs. This quiz covers major aspects relevant to farmers and policy enthusiasts.

1. Objective of Crop Insurance

   What is the main objective of the Pradhan Mantri Fasal Bima Yojana introduced in 2016?

   1. To increase the price of agricultural produce
   2. To provide subsidies for farm machinery
   3. To provide financial support to farmers facing crop loss due to natural calamities
   4. To promote organic farming among all farmers

   Explanation: The main goal of the scheme is to protect farmers from income loss due to crop failure by providing insurance coverage. Increasing produce prices and promoting organic farming are not direct aims of the insurance scheme. Subsidies for machinery are part of other programs, not crop insurance.

2. Eligibility for Scheme

   Who is eligible to enroll under the Pradhan Mantri Fasal Bima Yojana?

   1. Only government employees with farms
   2. All farmers, including sharecroppers and tenant farmers
   3. Only large commercial farmers
   4. Only organic farmers

   Explanation: The scheme is designed to include all types of farmers regardless of land ownership, covering sharecroppers and tenants as well. Restricting eligibility to large, government-employed, or organic farmers is incorrect and would exclude many actual beneficiaries.

3. Premium Rates for Farmers

   What is the maximum premium rate a farmer needs to pay for food and oilseed crops under this scheme?

   1. 2% of the sum insured
   2. 5% of the sum insured
   3. 8% of the sum insured
   4. 10% of the sum insured

   Explanation: Farmers pay a maximum of 2% for food and oilseed crops, with the rest subsidized by the government. The options citing higher percentages represent older or different schemes or are simply incorrect.

4. Risks Covered

   Which of the following is generally NOT covered by the Fasal Bima Yojana?

   1. Crop loss from floods
   2. Crop loss from pest attack
   3. Crop loss from drought
   4. Losses due to war or nuclear risks

   Explanation: The scheme covers crop losses due to weather, floods, and pests, but explicitly excludes extraordinary circumstances like war or nuclear risks. These exclusions are common in most insurance products.

5. When Can Claims Be Made?

   Under the scheme, when can a farmer most likely make a claim for compensation?

   1. Only during harvest festivals
   2. After verified crop loss due to notified disasters
   3. As soon as seeds are sown
   4. When the market price drops unexpectedly

   Explanation: Claims are valid after losses are verified and linked to declared disasters like floods or drought. Sowing seeds or festival timing is irrelevant, and price drops without crop loss are not covered.