Q.357 With reference to the Pradhan Mantri Jeevan jyoti Bima Yojana, consider the following statements :

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FRAMED FROM THE HINDU -SEPTEMBER 2018

Q.357 With reference to the Pradhan Mantri Jeevan jyoti Bima Yojana, consider the following statements :

1. It is a life insurance scheme which includes age between 18 to 50 years

2. The annual premium of Rs.12 will be paid by the Union government

3. The benefit includes Rs. 2 lakhs in case of death due to any cause

Which of the statements given above is/are correct ?

A) 1 & 3

B) Only 3

C) 1 & 2

D) 1,2,3

Ans. B

Pradhan Mantri Jeevan jyoti Bima Yojana is a accident insurance scheme which includes age between 18 to 50 years

Pradhan Mantri Suraksha Bima Yojana is a life insurance which includes age between 18 to 70 years

Pradhan Mantri Suraksha Bima Yojana : The annual premium of Rs.12 will be paid by the Union government

Pradhan Mantri Jeevan jyoti Bima Yojana : The annual premium of Rs.330 will be paid by the Union government