Q. With reference to Restructured Weather Based Crop Insurance Scheme, consider the following statements
Which of the statements given above is/are incorrect?
Q. पुनर्गठित मौसम आधारित फसल बीमा योजना योजना के संदर्भ में, निम्नलिखित कथनों पर विचार कीजिए:
उपर्युक्त कथनों में से कौन-सा/से सही नहीं है/हैं?
Explanation:
Statement 1 is incorrect. It is a unique Weather-based Insurance Product designed to provide insurance protection against losses in crop yield resulting from adverse weather incidences. Parametric weather related risks like rainfall, frost, heat (temperature),humidity etc.) are covered
Statement 2 is correct. It is not a yield guarantee insurance.
Statement 3 is correct. The Restructured Weather Based Crop Insurance Scheme (RWBCIS) was launched in 2016 and is administered by the Ministry of Agriculture and Farmers Welfare.
व्याख्या: