GK
GOVT SCHEMES POLICIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Crop
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Vehicle
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Accident
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Property
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Detailed explanation-1: -The risk coverage under the scheme isRs.2 lakh for accidental death and full disability and Rs. 1 lakh for partial disability. The premium of Rs. 20 per annum is to be deducted from the account holder’s bank account through ‘auto-debit’ facility in one installment.
Detailed explanation-2: -PMJJBY, PMSBY and APY were launched by Prime Minister Shri Narendra Modi on 9th May, 2015 from Kolkata, West Bengal. These three social security schemes are dedicated to the welfare of the citizens, recognising the need for securing human life from unforeseen risks/losses and financial uncertainties.
Detailed explanation-3: -Pradhan Mantri Suraksha Bima Yojana (PMSBY) covers people aged between 18 years and 70 years with a bank account for accidental death and full disability benefits of up to Rs. 2 Lakh and for partial disability for Rs. 1 Lakh.