S09-Crop Insurance Mock Test 15

1. What is the requirement for production estimates under NAIS regarding CCE series?

a) CCEs from the insurance company
b) The production estimates provided to Government of India and yield estimates provided under NAIS ought to be based on same series of CCE's (single uniform series)
c) Separate CCE series for insurance and government reporting
d) International CCE standards must be followed
e) Satellite-based yield estimates

2. How do the costs of administration and operating expenses typically range for crop insurance worldwide?

a) 1% to 3% of premiums
b) 20% to 40% of premiums
c) 0.5% to 2% of premiums
d) 3% to 18% of the premiums
e) 25% to 50% of premiums

3. Why is demarcation of the south-west corner of the field necessary?

a) For legal purposes
b) For identifying the experimental plot in the selected field
c) For taxation purposes
d) For government records
e) For insurance verification

4. On what basis are crop area figures compiled in India?

a) Sampling survey
b) Remote sensing
c) Complete enumeration
d) Farmer declarations
e) Revenue records only

5. Under the franchise clause of horticulture/plantation insurance, when is no claim payable?

a) If the claim is more than 10% of sum insured per acre
b) If the claim amount assessed does not exceed 10% of sum insured per acre or Rs. 1,000/- per affected acre, whichever is lower
c) If the crop is not inspected within 24 hours of damage
d) If the farmer fails to report within 7 days
e) If the claim involves more than one peril

6. Under FIIS, the Government subsidy was 75% of gross premium for which farmers?

a) Loanee farmers only
b) Small / marginal farmers
c) Large commercial farmers
d) Non-loanee farmers only
e) All farmers equally

7. What is the period of cover for rearing ponds (fry to fingerling) under Inland Fish Insurance?

a) 1 month
b) 2 months
c) 3 months
d) 6 months
e) 12 months

8. What additional benefits does satellite technology for crop damage assessment provide to farmers?

a) The technology will automatically pay compensation to farmers
b) The technology will eliminate the need for crop insurance
c) The technology will guarantee minimum crop prices for farmers
d) The technology will help farmers in taking crucial decisions like holding and selling of stocks along with planning their next crop
e) The technology will replace the role of agricultural extension workers

9. What is the total gross cultivated area in India?

a) 146 million hectares
b) 196 million hectares
c) 216 million hectares
d) 246 million hectares
e) 276 million hectares

10. In the USA, private crop-hail insurance was first introduced in which year?

a) 1791
b) 1850
c) 1887
d) 1915
e) 1900