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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