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    Question

    Which of the following statements is true regarding the

    renewal of the PMJJBY scheme?
    A The scheme offers a life cover of Rs. 2 lakhs for a two-year period. Correct Answer Incorrect Answer
    B The premium for the scheme is Rs. 436 per month. Correct Answer Incorrect Answer
    C The renewal period for the scheme is from 1st June to 31st May of each year. Correct Answer Incorrect Answer
    D Renewal of the scheme requires the subscriber's consent to join and enable auto-debit. Correct Answer Incorrect Answer
    E The scheme is exclusively offered by the Life Insurance Corporation and no other insurers are involved. Correct Answer Incorrect Answer

    Solution

    Renewal of the scheme requires the subscriber's consent to join and enable auto-debit.

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