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The risk coverage being provided in the Pradhan Mantri Jeevan Jyoti Bima Yojana is

The risk coverage being provided in the Pradhan Mantri Jeevan Jyoti Bima Yojana is Correct Answer 2 lakh

PMJJBY is one of the several ambitious social security programmes initiated by Narendra Modi. It was launched in May 2015. It is basically a term life insurance policy that can be renewed either on a yearly basis or for a longer period of time. It will provide life insurance coverage on the death of the policy holder. The Pradhan Mantri Jeevan Jyoti Bima Yojana will be made available to anyone between the age group of 18 to 50 years. The policy holders will need to pay rupees 330 per year. The risk coverage being provided in the Pradhan Mantri Jeevan Jyoti Bima Yojana is rupees 2 lakh.

Related Questions

Consider the following statements related to the Pradhan Mantri Jeevan Jyoti Bima Yojana. 1. The age limit for PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) is minimum of 18 years and maximum of 60 years. 2. The annual premium for PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) is Rs 550. The premium could vary depending on the prevailing tax rates, age and location. 3. This scheme is implemented under the Ministry of Finance. Which of the above statement is/are correct?
Which of the following schemes are covered under Jan Suraksha Yojana? A. Pradhan Mantri Jan Dhan Yojana B. Pradhan Mantri Suraksha Bima Yojana C. Pradhan Mantri Jeevan Jyoti Bima Yojana D. Atal Pension Yojana Choose the correct answer:
Consider the following statements: 1. Pradhan Mantri Fasal Bima Yojana - 'Per Drop More Crop'. 2. Pradhan Mantri Krishi Sinchayi Yojana - Providing insurance cover to crops. 3. Pradhan Mantri Gram Sadak Yojana - All-Weather Road connectivity to unconnected villages. 4. Pradhan Mantri MUDRA Yojana - Aims to provide formal access of financial facilities to non-corporates, small businesses. Which of the statements given below is/are correct? 
Which of the following is/are social security scheme(s) ? 1.Atal Pension Yojana 2. Pradhan Mantri Jeevan Jyoti Bima Yojana 3. Pradhan Mantri Suraksha Bima Yojana Select the correct answer using the code given below :
What is the annual premium (in Rs) of Pradhan Mantri Jeevan Jyoti Bima Yojana?
What is Pradhan Mantri Jeevan Jyoti Bima Yojana?
What is the premium of Pradhan Mantri Jeevan Jyoti Bima Yojana?
Which of the following has joined hands with PNB MetLife India Insurance Company Limited to launch Pradhan Mantri Jeevan Jyoti Bima Yojana?
What is the risk coverage under "Pradhan Mantri Suraksha Bima Yojana"? A. 2 lakh rupees B. 1 lakh rupees C. 1.5 lakh rupees D. 2.25 lakh rupees
The Mukhya Mantri Kisan Sahay Yojana, launched by Gujarat government, will replace the Pradhan Mantri Fasal Bima Yojana (PMFBY) for which year?