| I. It was incorporated in 2002 and is under the administrative control of Ministry of Finance, Government of India, and under the operational supervision of Ministry of Agriculture, Government of India. |
| II. It seeks to provide insurance coverage and financial support to the farmers in the failure of any of the notified crop. |
| III. It encourages the farmers to adopt progressive farming practices, high value in-puts and higher technology; to help stabilize farm incomes, particularly in disaster years. |
A) I & II
B) II & III
C) Only III
D) All the above
Correct Answer: D
Solution :
Agriculture Insurance Company of India Limitedwas incorporated in 2002 and is under the administrative control of Ministry of Finance, Government of India, and under the operational supervision of Ministry of Agriculture, Government of India. It seeks to provide insurance coverage and financial support to the farmers in the failure of any of the notified crop.
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