BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The PMJJBY is available to people in the age group of 18 to 50 years having a bank account who give their consent to join/enable auto-debit. The premium is____per annum which is to be auto-debited in one installment from the subscriber’s bank account as per the option given by him on or before 31st May of each annual coverage period under the scheme.
A
Rs 380
B
Rs 365
C
Rs 100
D
Rs 330
Explanation: 

Detailed explanation-1: -The PMJJBY is available to people in the age group of 18 to 50 years having a bank account who give their consent to join / enable auto-debit.

Detailed explanation-2: -b) For enrolment in September, October, and November – pro rata premium of Rs. 342/-is payable c) For enrolment in December, January and February – pro rata premium of Rs. 228/-is payable.

Detailed explanation-3: -The scheme is available for individuals between the age of 18 and 70 years with bank accounts and the premium for the scheme will be deducted from the savings account of the insured.

Detailed explanation-4: -Your age for this scheme has been fixed from 18 years to 50 years. You must have a bank account to apply. In this plan, you have to deposit a premium of Rs. 330 every year.

There is 1 question to complete.