Question

Which crop insurance scheme uses weather parameters (like rainfall, temperature, humidity) as a proxy for crop yield losses?

• A. Pradhan Mantri Fasal Bima Yojana (PMFBY)
• B. National Agricultural Insurance Scheme (NAIS)
• C. Restructured Weather Based Crop Insurance Scheme (RWBCIS)
• D. Multi-peril Crop Insurance Programme (MPCIP)

Answer 1

Answer:

C. Restructured Weather Based Crop Insurance Scheme (RWBCIS)

• The Restructured Weather Based Crop Insurance Scheme (RWBCIS) is an index-based scheme where claims are triggered by adverse deviations in weather parameters from the normal, acting as a proxy for crop loss.