Questions and Answers
What is the purpose of crop insurance?
To protect farmers and agricultural producers from financial losses caused by various hazards
Who is considered the policyholder in an insurance contract?
The person who has purchased and owned an insurance policy
When was the General Insurance Corporation (GIC) established?
1973
Who ruled out the possibility of implementing the cattle insurance scheme in India in 1970?
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What type of risks does crop insurance compensate farmers for?
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