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Agriculture & Farmer Schemes — Set 1

Government Schemes · कृषि और किसान योजनाएं · Questions 110 of 200

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1

When was PM-KISAN scheme launched?

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Correct Answer: B. February 24, 2019

PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) was launched on February 24, 2019 by Prime Minister Narendra Modi. The scheme provides ₹6,000 per year to eligible farmer families in three equal installments of ₹2,000 each. The amount is directly transferred to the bank accounts of land-owning farmers through Direct Benefit Transfer (DBT).

2

What is the annual financial benefit provided under PM-KISAN?

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Correct Answer: C. ₹6,000

PM-KISAN provides ₹6,000 per year to eligible farmer families. This amount is disbursed in three equal installments of ₹2,000 each. The scheme aims to supplement the financial needs of farmers for procurement of inputs and domestic requirements.

3

How many installments are given per year under PM-KISAN?

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Correct Answer: B. 3

Under PM-KISAN, the annual benefit of ₹6,000 is given in three equal installments of ₹2,000 each. The installments are released every four months. The funds are transferred directly to the bank accounts of beneficiaries through DBT mode.

4

PM-KISAN scheme benefits which category of farmers?

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Correct Answer: B. Land-owning farmer families

PM-KISAN scheme benefits all land-owning farmer families, irrespective of the size of their land holding. There is no upper land limit for eligibility under this scheme. Institutional land holders and those holding constitutional posts are excluded from the scheme.

5

Approximately how many farmer families benefit from PM-KISAN?

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Correct Answer: C. 120 million

PM-KISAN covers approximately 120 million (12 crore) farmer families across India. The scheme is one of the largest direct benefit transfer programs in the world. It has been effective in providing financial support to small and marginal farmers.

6

What does DBT stand for in the context of PM-KISAN?

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Correct Answer: B. Direct Benefit Transfer

DBT stands for Direct Benefit Transfer, which is the mode used to transfer PM-KISAN benefits. Under DBT, the money is transferred directly to the bank accounts of beneficiaries without any intermediary. This system was introduced to reduce leakages and ensure timely delivery of benefits.

7

PM Fasal Bima Yojana (PMFBY) replaced which scheme?

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Correct Answer: A. National Agricultural Insurance Scheme (NAIS)

PM Fasal Bima Yojana (PMFBY) replaced the National Agricultural Insurance Scheme (NAIS) in 2016. PMFBY was launched to provide comprehensive crop insurance with lower premium rates for farmers. The scheme is implemented by the Agriculture Insurance Company and private insurers.

8

What is the premium rate for Rabi crops under PMFBY?

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Correct Answer: B. 1.5%

Under PMFBY, the premium rate for Rabi crops is 1.5% of the sum insured. For Kharif crops, the premium is 2% of the sum insured. For commercial and horticultural crops, the premium is 5% of the sum insured, while the remaining is paid by the government.

9

What is the premium rate for Kharif crops under PMFBY?

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Correct Answer: C. 2%

Under PMFBY, farmers pay a premium of 2% for Kharif crops. The difference between the actuarial premium and farmer's share is borne equally by the Centre and State governments. This reduced premium was a major improvement over the earlier NAIS scheme.

10

In which year was PM Fasal Bima Yojana implemented?

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Correct Answer: C. 2016

PM Fasal Bima Yojana (PMFBY) was implemented from Kharif 2016 season. It was launched to address the inadequacies in the previous crop insurance schemes. The scheme covers pre-sowing, post-harvest losses and localized calamities like hailstorm and landslide.