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    With reference to ‘Pradhan Mantri Fasal Bima Yojana', consider the following statements:

    1. Under this scheme, farmers will have to pay a uniform premium of two percent for any crop they cultivate in any season of the year.
    2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains.
    Which of the statements given above is/are correct?

  • 1 only
  • 2 only
  • Both 1 and 2
  • Neither 1 nor 2