New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    Which two insurance schemes for fisherfolk has the

    government merged from June 1, 2024?
    A PMSBY and PMJJBY Correct Answer Incorrect Answer
    B PMJJBY and GAIS Correct Answer Incorrect Answer
    C PMSBY and GAIS Correct Answer Incorrect Answer
    D GAIS and Atal Pension Yojana Correct Answer Incorrect Answer
    E PMSBY and Ayushman Bharat Correct Answer Incorrect Answer

    Solution

    On June 1, the government has converged two insurance schemes for fishermen , which might help in reducing the premium burden and easing implementation issues. The fishermen insurance scheme under the Pradhan Mantri Suraksha Bima Yojana (PMSBY) and the Group Accident Insurance Scheme (GAIS) has been converged to provide comprehensive insurance coverage of Rs 5 lakh for fishermen (Rs 3 lakh under GAIS for accidental death or permanent total disability and Rs 2 lakh under PMSBY).  

    Practice Next

    Relevant for Exams: