Question

    Which of the following statements about PMSBY is

    false?
    A It provides a cover of Rs. 2 lakh for accidental death. Correct Answer Incorrect Answer
    B It offers a monthly income in case of temporary disability. Correct Answer Incorrect Answer
    C It covers permanent partial disability with a benefit of Rs. 1 lakh. Correct Answer Incorrect Answer
    D It is renewable on a yearly basis. Correct Answer Incorrect Answer
    E It is applicable to bank account holders who register for the scheme. Correct Answer Incorrect Answer

    Solution

    PMSBY does not provide a monthly income for temporary disability; it only covers specific lump-sum benefits for accidental death and permanent disabilities.

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