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TOTAL QUESTION: 20
TOTAL TIME= 20 MIN
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Your results are here!! for" Coconut Palm Insurance Scheme "
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Question 1 of 20
1. Question
What is the primary objective of the Coconut Palm Insurance Scheme (CPIS)?
Correct
CPIS aims to insure coconut palms against natural and other perils and provide timely relief to growers suffering income loss.
Incorrect
CPIS aims to insure coconut palms against natural and other perils and provide timely relief to growers suffering income loss.
Unattempted
CPIS aims to insure coconut palms against natural and other perils and provide timely relief to growers suffering income loss.
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Question 2 of 20
2. Question
Which organization implements the Coconut Palm Insurance Scheme along with the implementing State Governments?
Correct
The scheme is implemented by the Agriculture Insurance Company along with the implementing State Governments.
Incorrect
The scheme is implemented by the Agriculture Insurance Company along with the implementing State Governments.
Unattempted
The scheme is implemented by the Agriculture Insurance Company along with the implementing State Governments.
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Question 3 of 20
3. Question
What is the eligible age range for Dwarf and Hybrid coconut palms under CPIS?
Correct
Dwarf and Hybrid palms are covered from 4 years to 60 years of age.
Incorrect
Dwarf and Hybrid palms are covered from 4 years to 60 years of age.
Unattempted
Dwarf and Hybrid palms are covered from 4 years to 60 years of age.
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Question 4 of 20
4. Question
What is the eligible age range for Tall variety coconut palms under CPIS?
Correct
Tall variety coconut palms are eligible for coverage from 7 years to 60 years.
Incorrect
Tall variety coconut palms are eligible for coverage from 7 years to 60 years.
Unattempted
Tall variety coconut palms are eligible for coverage from 7 years to 60 years.
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Question 5 of 20
5. Question
What is the minimum number of healthy nut-bearing palms required for an individual farmer or grower to be eligible under CPIS?
Correct
A minimum of 5 healthy nut-bearing palms is required for insurance under the scheme.
Incorrect
A minimum of 5 healthy nut-bearing palms is required for insurance under the scheme.
Unattempted
A minimum of 5 healthy nut-bearing palms is required for insurance under the scheme.
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Question 6 of 20
6. Question
Under CPIS, insurance is provided for which basis?
Correct
The scheme specifically states that insurance is for individual palms and not area-based.
Incorrect
The scheme specifically states that insurance is for individual palms and not area-based.
Unattempted
The scheme specifically states that insurance is for individual palms and not area-based.
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Question 7 of 20
7. Question
What is the annual premium per palm for the 4-15 years age group under CPIS?
Correct
The annual premium is ₹9 per palm for palms in the 4-15 years age group.
Incorrect
The annual premium is ₹9 per palm for palms in the 4-15 years age group.
Unattempted
The annual premium is ₹9 per palm for palms in the 4-15 years age group.
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Question 8 of 20
8. Question
What is the sum insured per palm for the 4-15 years age group under CPIS?
Correct
The sum insured is ₹900 per palm for the 4-15 years age group.
Incorrect
The sum insured is ₹900 per palm for the 4-15 years age group.
Unattempted
The sum insured is ₹900 per palm for the 4-15 years age group.
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Question 9 of 20
9. Question
What is the annual premium per palm for the 16-60 years age group under CPIS?
Correct
The annual premium is ₹14 per palm for palms in the 16-60 years age group.
Incorrect
The annual premium is ₹14 per palm for palms in the 16-60 years age group.
Unattempted
The annual premium is ₹14 per palm for palms in the 16-60 years age group.
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Question 10 of 20
10. Question
What is the sum insured per palm for the 16-60 years age group under CPIS?
Correct
The sum insured is ₹1,750 per palm for the 16-60 years age group.
Incorrect
The sum insured is ₹1,750 per palm for the 16-60 years age group.
Unattempted
The sum insured is ₹1,750 per palm for the 16-60 years age group.
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Question 11 of 20
11. Question
What percentage of the premium is borne by the Coconut Development Board under the normal premium-sharing arrangement?
Correct
The Coconut Development Board bears 50% of the premium.
Incorrect
The Coconut Development Board bears 50% of the premium.
Unattempted
The Coconut Development Board bears 50% of the premium.
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Question 12 of 20
12. Question
Under the normal premium-sharing arrangement, what percentage of the premium is paid by the farmer or grower?
Correct
The farmer or grower normally pays 25% of the premium, while CDB pays 50% and the State Government pays 25%.
Incorrect
The farmer or grower normally pays 25% of the premium, while CDB pays 50% and the State Government pays 25%.
Unattempted
The farmer or grower normally pays 25% of the premium, while CDB pays 50% and the State Government pays 25%.
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Question 13 of 20
13. Question
What premium rebate is provided for a two-year CPIS policy?
Correct
A rebate of 7.5% in premium is provided for a two-year policy.
Incorrect
A rebate of 7.5% in premium is provided for a two-year policy.
Unattempted
A rebate of 7.5% in premium is provided for a two-year policy.
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Question 14 of 20
14. Question
What premium rebate is provided for a three-year CPIS policy?
Correct
A rebate of 12.5% in premium is provided for a three-year policy.
Incorrect
A rebate of 12.5% in premium is provided for a three-year policy.
Unattempted
A rebate of 12.5% in premium is provided for a three-year policy.
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Question 15 of 20
15. Question
What is the maximum period for which a CPIS policy can be issued?
Correct
A CPIS policy can be issued for a maximum period of three years.
Incorrect
A CPIS policy can be issued for a maximum period of three years.
Unattempted
A CPIS policy can be issued for a maximum period of three years.
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Question 16 of 20
16. Question
What is the waiting period for loss or death of a palm from the inception of insurance?
Correct
Loss or death of palms within 30 days from inception is not payable, except in the specified renewal-without-gap situation.
Incorrect
Loss or death of palms within 30 days from inception is not payable, except in the specified renewal-without-gap situation.
Unattempted
Loss or death of palms within 30 days from inception is not payable, except in the specified renewal-without-gap situation.
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Question 17 of 20
17. Question
What is the franchise when there are fewer than 30 insured palms in a contiguous area?
Correct
For fewer than 30 insured palms in a contiguous area, the franchise is 1 palm lost.
Incorrect
For fewer than 30 insured palms in a contiguous area, the franchise is 1 palm lost.
Unattempted
For fewer than 30 insured palms in a contiguous area, the franchise is 1 palm lost.
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Question 18 of 20
18. Question
What is the franchise when there are 31-100 insured palms in a contiguous area?
Correct
For 31-100 insured palms in a contiguous area, the franchise is 2 palms lost.
Incorrect
For 31-100 insured palms in a contiguous area, the franchise is 2 palms lost.
Unattempted
For 31-100 insured palms in a contiguous area, the franchise is 2 palms lost.
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Question 19 of 20
19. Question
What is the franchise when there are more than 100 insured palms in a contiguous area?
Correct
For more than 100 insured palms in a contiguous area, the franchise is 3 palms lost.
Incorrect
For more than 100 insured palms in a contiguous area, the franchise is 3 palms lost.
Unattempted
For more than 100 insured palms in a contiguous area, the franchise is 3 palms lost.
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Question 20 of 20
20. Question
Which statement correctly describes the rule regarding partial insurance of a plantation under CPIS?
Correct
Partial insurance of plantations in contiguous areas is not allowed; all eligible healthy palms within the insurable area are to be covered.
Incorrect
Partial insurance of plantations in contiguous areas is not allowed; all eligible healthy palms within the insurable area are to be covered.
Unattempted
Partial insurance of plantations in contiguous areas is not allowed; all eligible healthy palms within the insurable area are to be covered.