Select the correct statement about the Pradhan Mantri Fasal Bima Yojana:

  1. It was launched in 2016–17.
  2. According to the scheme, farmers must pay a consistent premium of just 2 percent for all Kharif.
  3. The premium is 1.5 percent for all Rabi crops. 

1
Only 1
2
Only 2
3
Only 3
4
Both 1 and 2
5
All of the above

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