Explanation:

All of the above statements are correct.
Features of the scheme

• Fixed Deposit in the name of the child: A corpus of Rs 10 lakh for each child when he or she reaches 18 years of age.
• School Education: For children under 10 years: Admission will be given in the nearest Kendriya Vidyalaya or in a private school as a day scholar.
• School Education: for children between 11-18 years: The child will be given admission in any Central Government residential school such as Sainik School, Navodaya Vidyalaya etc.
• Support for Higher Education: The child will be assisted in obtaining an education loan for Professional courses / Higher Education in India as per the existing Education Loan norms.
• Health Insurance: All children will be enrolled as a beneficiary under Ayushman Bharat Scheme (PM-JAY) with a health insurance cover of Rs 5 lakhs.

Hence option 4th is correct.