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What is the amount of insurance cover available for accidental death under the Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
Rs1 lakh
Rs4 lakh
Rs2 lakh
Rs3 lakh
- The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a government-backed accident insurance scheme.
- It provides coverage for accidental death and disability.
- In the unfortunate event of accidental death, the insurance cover is set at Rs 2 lakh.
- This scheme aims to provide affordable insurance to the masses, especially the economically weaker sections.
- The annual premium for participating in this scheme is very nominal, making it accessible for everyone.
- Correct Answer: Option 3 - Rs 2 lakh
- Options 1, 2, and 4 with Rs 1 lakh, Rs 4 lakh, and Rs 3 lakh are incorrect choices for the accidental death cover under PMSBY.
By: santosh ProfileResourcesReport error
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