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The interest rate for the Rabi Food and ...

The interest rate for the Rabi Food and Oilseeds crops in Pradhan Mantri Fasal Bima Yojana (PMFBY) is …………………

A

`2.0%`

B

`1.5%`

C

`5.0%`

D

`3.5%`

Text Solution

Verified by Experts

The correct Answer is:
B
The Maximum Premium payable by the farmers will he 2% for all Kharif Food & Oilseeds crops, 1.5% for Rabi Food & Oilseeds crops and 5% for Annual Commereial/Horticultural Crops.
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