What is the amount of accidental insurance cover linked with RuPay Debit card under the Pradhan Mant...........

Social Security Pension and Insurance

What is the amount of accidental insurance cover linked with RuPay Debit card under the Pradhan Mantri Jan Dhan Yojana (PMJDY) after it has been made an open ended scheme ?

2.5 lakh

3 lakh

1 lakh

2 lakh

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Explanation:

The Hon’ble Prime Minister in his Independence Day Speech announced a comprehensive program of Financial Inclusion targeting a large number of people who are currently deprived of even rudimentary financial services. In this direction, the Pradhan Mantri Jan DhanYojana (PMJDY) sets out to provide a basic Bank account to every family who till now had no account. The bank account comes with a RuPay debit card with a built-in accidental insurance cover of Rs. 2 lakh.