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Consider the following statements with respect to Pradhan Mantri Fasal Bima Yojana (PMFBY): 1. PMFBY provides risk insurance to farmers against crop damage due to non-preventable natural risks. 2. PMFBY provides risk coverage of ₹2 lakh in case of death of the insured. 3. PMFBY ensures flow of credit to the agriculture sector. 4. PMFBY provides risk coverage of ₹2 lakh for complete disability of the insured. Which of the statements given above is/are correct?

1. Consider the following statements with respect to Pradhan Mantri Fasal Bima Yojana (PMFBY): 1. PMFBY provides risk insurance to farmers against crop damage due to non-preventable natural risks. 2. PMFBY provides risk coverage of ₹2 lakh in case of death of the insured. 3. PMFBY ensures flow of credit to the agriculture sector. 4. PMFBY provides risk coverage of ₹2 lakh for complete disability of the insured. Which of the statements given above is/are correct?

 

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