With reference to “Livestock Insurance Scheme” consider the following statements:1.It aims to provide a protection mechanism to the farmers and cattle rearers against any eventual loss of their animals due to death.2.Department of Animal Husbandry and Dairying is the Nodal Ministry for implementing the scheme.3.The cost of subsidy of the scheme is shared by central and state governments in the ratio 60:40.Which of the statements given above are correct?

Q. With reference to “Livestock Insurance Scheme” consider the following statements::
1.It aims to provide a protection mechanism to the farmers and cattle rearers against any eventual loss of their animals due to death.
2.Department of Animal Husbandry and Dairying is the Nodal Ministry for implementing the scheme.
3.The cost of subsidy of the scheme is shared by central and state governments in the ratio 60:40.
Which of the statements given above are correct?

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: A

Notes:

Explanation –

Statement 1 and 2 are correct. Livestock Insurance Scheme aims to provide a protection mechanism to the farmers and cattle rearers against any eventual loss of their animals due to death. Department of Animal Husbandry and Dairying is the Nodal Ministry for implementing the scheme.

Statement 3 is incorrect. The entire cost of the subsidy is being borne by the Central Government.

Source: ForumIAS

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS