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Question

Pradhan Mantri Fasal Bima Yojana (PMFBY) is a government scheme aimed at aiding which profession?

A
Teaching
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B
Street vending
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C
Casual labour
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D
Farming
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Solution

The correct option is D Farming
The Pradhan Mantri Fasal Bima Yojana (PMFBY) is a scheme targeted at farmers to:
1. Provide insurance coverage and financial support to the farmers in the event of failure of any of the notified crop as a result of natural calamities, diseases, and pests.
2. Stabilise the income of the farmers to ensure they continue in the farming profession.
3. Encourage farmers to adopt innovative and modern agricultural practices.
4. Ensure a flow of credit to the agriculture sector.

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