Question
The premium of ________ per annum is to be deducted
from the account holder’s bank account through ‘auto-debit’ facility in one installment in Pradhan Mantri Suraksha Bima Yojana?Solution
Pradhan Mantri Suraksha Bima Yojana Launched in 2015 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. Aadhar would be the primary KYC for the bank account In the case of a joint account, all holders of the account can join the scheme. Even NRIs are eligible, but if a claim arises, the claim benefit will be paid to the beneficiary/nominee only in Indian currency. Features The risk coverage under the scheme is Rs.2 lakh for accidental death and permanent total 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. The scheme is being offered by Public Sector General Insurance Companies or any other General Insurance Company who are willing to offer the product on similar terms The cover will be in addition to any other insurance plan the subscriber has. The scheme is not a Mediclaim, that is, there is no provision for reimbursement of hospitalisation expenses following accident, resulting in death or disability.
What is the objective of the pact signed between RITES and Indian Railway Finance Corporation (IRFC)?
Which of the following reforms is NOT included in Priority 9 of the budget, which focuses on Next Generation Reforms?
What is the duration of the one-time amnesty scheme approved by ESIC?
Cashfree Payments, the SBI-backed digital payment solutions provider, introduced 'KYC Link'.What is the primary purpose of Cashfree Payments' 'KYC Link'?
What is the target percentage of women's representation in the aviation sector by 2025, as per DGCA’s advisory circular?
Allocations for which of the following schemes are part of plan revenue expenditure
1. MGNREGA
2. National Food Security Act
3. Sar...
Which major infrastructure project in Myanmar did the junta revive with Chinese support in 2024?
What is the name of the scheme launched in Uttar Pradesh to empower youth entrepreneurs, and how much has the government allocated in the budget for the...
Recently, former legendary cricketer Heath Streak passed away, he was a former cricketer of which country?
Consider the following statements about Social Stock Exchange:
1. Recently, the Unnati Foundation became the first entity to list on ...