LIC AAO 06 Mar 2016 Paper

Prime Minister Narendra Modi, in February 2016, released guidelines for operationalisation of the Pradhan Mantri Fasal Bima Yojana, a scheme for crop insurance, while addressing farmers at a Kisan Kalyan Mela at Sehore in Madhya Pradesh. Under this scheme, farmers will have to pay a uniform premium 2% for Kharif crops and 1.5% for Rabi crops