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

    Question

    Identify which of the following statements is/are

    INCORRECT? I.Atal Pension Yojana (APY) is administered by Pension Fund Regulatory and Development Authority (PFRDA) through the National Pension System (NPS). II.Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is administered by LIC or any other life insurance company in partnership with banks / Post office. III.Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a two -year accidental insurance scheme renewable from year to year offering coverage for death or disability due to accident. 
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Only III Correct Answer Incorrect Answer
    D Only II & III Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Atal Pension Yojana (APY) is administered by Pension Fund Regulatory and Development Authority (PFRDA) through the National Pension System (NPS). Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is administered by LIC or any other life insurance company in partnership with banks / Post office. Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a two -year accidental insurance scheme renewable from year to year offering coverage for death or disability due to accident. 

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