BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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18 to 70 years
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18 to 50 years
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18 to 40 years
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18 to 60 years
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Detailed explanation-1: -All savings bank account holders in the age 18 to 70 years in participating banks will be entitled to join. In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings bank account only.
Detailed explanation-2: -The Scheme is available to people in the age group 18 to 70 years with a bank account who give their consent to join / enable auto-debit on or before 31st May for the coverage period 1st June to 31st May on an annual renewal basis.
Detailed explanation-3: -Individuals between 18 years and 70 years are eligible to apply for this scheme. A government-sponsored accident insurance program, the Pradhan Mantri Suraksha Bima Yojana, provides coverage for accidental death, total and partial disability, as well as permanent disability.
Detailed explanation-4: -PMSBY is an Accident Insurance Scheme offering accidental death and disability cover for death or disability on account of an accident.
Detailed explanation-5: -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.