Question
Consider the following Statements about Pradhan Mantri
Jeevan Jyoti Yojana and choose the option with correct Statements. I- The scheme is being offered by Life Insurance Corporation and all other life insurers who are willing to offer the product on similar terms with necessary approvals and tie up with banks for this purpose. II- Aadhar would be the primary KYC for the bank account. III- The life cover of Rs. 2 lakhs shall be for the one year period stretching from 1st June to 31st May and will be renewableSolution
Date of Launching           9th May 2015 PM Jeevan Jyoti Bima Yojana was established to provide life insurance security to the poor and low-income section of the society. This scheme can be availed by people aged between 18 years to 50 years. They must have a bank account to be eligible for Pradhan Mantri Jeevan Jyoti Bima Yojana. Anyone who joins the scheme before completing of 50 years, will have the risk of life cover up to the age of 55 years subject to payment of premium. In case of the death of the insured person, the next eligible beneficiary is provided with a death benefit including a death coverage of Rs. 2,00,000. Being a pure term insurance scheme, the Pradhan Mantri Jeevan Jyoti Yojana does not offer any maturity. Â
A shopkeeper sells an article for Rs 78 and earns double the profit that he would have earned on selling this article for Rs 69. Find the C.P of this ar...
Anjali sold 50% of her apples and was left with 25 less than 60% of what she originally had. Find the number of apples sold by Anjali.
A merchant initially raised the price of a product by 25% and subsequently by an additional 20%. After providing a 24% discount on the final price, he g...
A machine is sold at an 8% profit, making its selling price Rs. 63 higher than the selling price if it were sold at a 20% loss. W...
A man bought an article for Rs.1500. He marked up the price by x% and then sold it after giving a discount of (x – 4)%. He finally made a profit of Rs...
- A trader sold a product for Rs. 180 after allowing a discount of ‘z%’ on its marked price. If the marked price of the product is Rs. 200, then find the...
Marked price of an article is Rs.1000 more than the cost price. When the same article is sold at a discount of Rs.100, the profit percent earned is 15%....
After giving a discount of 20% on the marked price of an article, it is sold for ₹120. Had the discount not been given, the profit would have been 20...
A purchased an article and sold it to B at 20% profit. B marked it up by 25% above the price at which A has purchased it and then sold it after giving a...
'D' sells a piece of art at a profit of 25%. Had the profit percentage earned on selling the piece of art been numerically equal to the cost price of th...
Relevant for Exams:
