PMSBY,PMJJY,PMEGP
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for VIDEO LECTURES OF ASHISH SIR (FOR ALL SCALES) — Bank Promotions.
One-liners from this chapter
Free sample — 8 of 65 rapid-fire Q&A cards.
What is the full form of PMSBY?
PMSBY stands for Pradhan Mantri Suraksha Bima Yojana, a government-backed accidental insurance scheme launched in 2015.
Under which government initiative were PMSBY and PMJJBY launched?
Pradhan Mantri Jan Dhan Yojana financial inclusion initiative
What is the annual premium for PMSBY?
The annual premium for PMSBY is Rs. 20 per annum, auto-debited from the subscriber's bank account.
In which year were PMSBY and PMJJBY both launched?
Both schemes were launched in 2015
What is the accidental death and permanent total disability cover under PMSBY?
PMSBY provides Rs. 2 lakh cover for accidental death and permanent total disability.
What is the renewal date for PMSBY every year?
Policy renews on 1st June every year
What is the cover amount for permanent partial disability under PMSBY?
Permanent partial disability (loss of one eye, one hand, or one foot) is covered for Rs. 1 lakh under PMSBY.
From which account is the PMSBY premium automatically debited?
Savings bank account of the subscriber
Video classes for this chapter
More chapters in Latest Updates
Master the full VIDEOLECTURE syllabus
Every chapter of VIDEO LECTURES OF ASHISH SIR (FOR ALL SCALES) — videos, tests, notes and one-liner decks in one place.