Question

Which one of the following is not true about Pradhan Mantri Fasal Bima Yojana (PMFBY)?

• A. Cover all food and oilseed crops, annual commercial/ horticulture crops
• B. Compulsory for loanee farmer of crop loan and Kishan credit card (KCC)
• C. The lowest unit of implementation under Area Approach Basis is village/ village panchayat
• D. Implemented by only public sector insurance companies

Hint:

In competitive exams, be cautious of extreme words like "only" or "always". Large-scale government programs like PMFBY frequently involve private-sector participation to improve operational efficiency and share financial risks.

Answer 1

The Correct Option is D