Question : The Livestock Insurance Scheme provides insurance coverage for:
Option 1: Cattle and buffaloes
Option 2: Poultry birds
Option 3: Sheep and goats
Option 4: All of the above
Correct Answer: All of the above
Solution : The correct answer is (d) All of the above
The Livestock Insurance Scheme was launched in 2001 by the Government of India to provide financial assistance to farmers in case of death or loss of livestock due to natural calamities, diseases, or accidents. The scheme covers cattle, buffaloes, poultry birds, sheep, and goats. The premium for the insurance is subsidized by the government, and the farmers can avail of a maximum of two animals per policy. The scheme is implemented in all states of India except Goa.
Here are some of the benefits of the Livestock Insurance Scheme:
Provides financial assistance to farmers in case of loss of livestock
Helps to reduce the risk of farmers losing their livelihood due to livestock deaths
Encourages farmers to adopt modern livestock management practices
Promotes the development of the livestock sector in India
Question : The Rashtriya Gokul Mission aims to:
Option 1: Promote goat rearing in rural areas
Option 2: Develop indigenous breeds of cattle
Option 3: Establish livestock markets in rural areas
Option 4: Encourage poultry farming among rural youth
Question : The Startup India scheme offers various benefits, including:
Option 1: Tax benefits and exemptions
Option 2: Access to funding and incubation support
Option 3: Simplified regulatory processes
Question : Which of the following is an example of an automatic stabilizer in the federal budget?
Option 1: Unemployment insurance
Option 2: Military spending
Option 3: Social security
Question : Which of the following is not a type of insurance policy?
Option 1: Term insurance policy
Option 2: Whole life insurance policy
Option 3: Money back insurance policy
Option 4: Share insurance policy
Question : Which government scheme provides credit support to small entrepreneurs?
Option 1: MUDRA Yojana
Option 2: Stand Up India
Option 3: Startup India
Option 4: Make in India
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