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    Question

    Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a

    life insurance scheme. Which of the following is NOT a feature of this scheme?
    A Life insurance coverage of Rs. 2 lakh Correct Answer Incorrect Answer
    B Coverage for individuals aged between 18 and 50 years Correct Answer Incorrect Answer
    C Annual premium of Rs. 330 Correct Answer Incorrect Answer
    D Claims can be made for deaths due to both natural and accidental causes Correct Answer Incorrect Answer
    E Maturity benefits upon completion of the policy term Correct Answer Incorrect Answer

    Solution

    PMJJBY does not offer any maturity benefits. It provides life insurance coverage but no savings or maturity component.

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