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Consider the following statements.
1. National Agriculture Insurance Scheme (NAIS) was launched in the Sixth Five Year plan of the Indian Economy.
2. The growth rate of the primary sector of the Indian Economy sector of the Indian Economy sector never reached 8% during the planning history of Indian economy.
Which of the statements given above is/are correct?
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- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
Correct Option: D
In the year 1999 the National Agricultural Insurance Scheme was introduced by replacing comprehensive crop Insurance Scheme. NAIS covers all food crops (cereals and pulses), oil-seeds, horticultural and commercial crops. It covers all farmers, both loanees and non-loanees, under the scheme. Growth rate of primary sector reached above 8% with green revolution. Both the given statements are not correct.
