92. Consider the statements about Revenue Insurance Scheme for Plantation Crops (RISPC).
i) The scheme is for protecting growers of tea, coffee, rubber, cardamom and tobacco from the twin risks of weather and price arising from yield loss due to adverse weather parameters, pest attacks etc.
ii) It will also protect growers from income loss caused by fall in international/domestic prices through crop insurance mechanism.
iii) It is implemented by Ministry of Finance.
Which of the above statements is/are correct?
92. Consider the statements about Revenue Insurance Scheme for Plantation Crops (RISPC).
i) The scheme is for protecting growers of tea, coffee, rubber, cardamom and tobacco from the twin risks of weather and price arising from yield loss due to adverse weather parameters, pest attacks etc.
ii) It will also protect growers from income loss caused by fall in international/domestic prices through crop insurance mechanism.
iii) It is implemented by Ministry of Finance.
Which of the above statements is/are correct?
The correct option is A a) i and ii only
A) Explanation:
The scheme is for protecting growers of tea, coffee, rubber, cardamom and tobacco from the twin risks of weather and price arising from yield loss due to adverse weather parameters, pest attacks etc. and from income loss caused by fall in international/domestic prices through crop insurance mechanism.
Department of Commerce, Ministry of Commerce & Industry is the implementing agency.
A)
Explanation:
The scheme is for protecting growers of tea, coffee, rubber, cardamom and tobacco from the twin risks of weather and price arising from yield loss due to adverse weather parameters, pest attacks etc. and from income loss caused by fall in international/domestic prices through crop insurance mechanism.
Department of Commerce, Ministry of Commerce & Industry is the implementing agency.
