Question

Which scheme did the PMFBY primarily replace in 2016?

• A. National Agricultural Insurance Scheme (NAIS) and Modified NAIS (MNAIS)
• B. National Crop Insurance Programme (NCIP)
• C. Weather Based Crop Insurance Scheme (WBCIS)
• D. Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA)

Answer 1

Answer:

A. National Agricultural Insurance Scheme (NAIS) and Modified NAIS (MNAIS)

• PMFBY was introduced to replace the existing schemes, primarily the National Agricultural Insurance Scheme (NAIS) and the Modified National Agricultural Insurance Scheme (MNAIS), aiming for better features and lower farmer premiums.