With reference to 'Pradhan Mantri Fasal Bima Yojana', consider the following statements

1. Under this scheme, farmers will have to pay a uniform premium of two percent for any crop they cultivate in any season of the year.

2. This scheme covers post-harvest losses arising out of the cyclones and unseasonal rains.

Which of the statements given above is/are correct?

I.A.S. (Pre) 2016