Consider the following statements. |
1. The main objective of the National Agricultural Insurance Scheme (NAIS) is to protect the farmers against losses suffered by them due to crop failure on account of natural calamities. |
2. The National Agricultural Insurance Scheme (NAIS) is available to all the farmers, loanees and non- loanees, irrespective of their size of holding. |
Which of the statement(s) given above is/are correct? |
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither1nor 2
Correct Answer: C
Solution :
[c] NAIS is being implemented in the country since Rabi 1999-2000, as a part of risk management in agriculture with the intention of providing financial support to the farmers in the event of failure of crops as a result of natural calamities, pests and deceases. The scheme envisages coverage of all the food crops (cereals, millets and pulses), oilseeds and commercial/horticultural crops. It is a yield guarantee scheme operating on 'area approach' basis.You need to login to perform this action.
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