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Which of the following is NOT a key objective of PMFBY?

AProviding a guaranteed minimum support price (MSP) for the insured crop.

BEnsuring immediate and full compensation for crop losses due to natural calamities.

CReducing the insurance premium burden on farmers.

DEncouraging farmers to adopt modern agricultural practices.

Answer:

A. Providing a guaranteed minimum support price (MSP) for the insured crop.

Read Explanation:

  • PMFBY's focus is on insurance and risk mitigation, not on price support. Minimum Support Price (MSP) is a separate policy of the government for procurement.


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