New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the annual premium amount (Revised from

    1st June 2022) under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?
    A Rs 330 Correct Answer Incorrect Answer
    B Rs 340 Correct Answer Incorrect Answer
    C Rs 436 Correct Answer Incorrect Answer
    D Rs 556 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    PMJJBY scheme was launched by the government to provide life insurance cover to the citizens of the country. The premium is Rs. 436 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. The scheme is for citizens within the age group of 18-50 years in India.

    Practice Next

    Relevant for Exams: