Question

Which of the following statements is/are correct about “Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJB

  • Y ”?       I.        The PMJJBY is available to people in the age group of 18 to 50 years having a bank account.     II.        The life cover of Rs. 5 lakhs shall be for the one-year period stretching from 1st June to 31st May and will be renewable.     III.        Risk coverage under this scheme is for Rs. 2 Lakh in case of death of the insured, due to any reason.  The premium is Rs. 436 per annum which is to be auto-debited in one instalment 
A I, III and IV only
B II and III only
C I and IV only
D All of the above
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