BY WHICH SCHEME GOVERNMENT OF INDIA MADE A PACT OF ALLOWING FOUR PU...

8. By which scheme Government of India made a pact of Allowing four Public Sector

Insurers?

A.PMJJB

B.PMKVY

C.PMFBY

D.PMSBY

Ans: C.PMFBY

Explanation:

Government of India made a pact of Allowing four Public Sector Insurers in PMFBY (Pradhan Mantri

Fasal Bima Yojana) on July 3rd ,2016. Along with the existing 11 private sector Insurers now

Government allowed Four PSU’s namely LIC(life Insurance Corporation of India), General Insurance

Corporation of India, National Insurance Co. ltd, Oriental Insurance Co. ltd. to increase the

agricultural insurance cover to a great extent.