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Question

Consider the following statements:
(A) Varsha Bima, the rainfall insurance scheme, is managed by the Agricultural Insurance Company of India Ltd (AICIL).
(B) The scheme was introduced during the 2007 south-west monsoon period.
Which of the statements given above is/ are correct?

A
(A) only
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B
(B) only
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C
Both (A) and (B)
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D
Neither (A) nor (B)
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Solution

The correct option is A (A) only
AICIL introduced 'Rainfall Insurance Scheme' known as 'Varsha Bima' during 2004, south-west mansoon period.

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