Question
Download Solution PDFThe Pradhan Mantri Jeevan Jyoti Bima Yojana is for Indian citizens in the age group of ______.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 18 to 50 years.
Key Points
- Pradhan Mantri Jeevan Jyoti Bima Yojana:-
- It is a great initiative taken by the Indian government, especially for the underprivileged and poor citizens.
- It provides financial and social security for the family and gives them comfort and assurance on the death of a family member.
- The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a one-year life insurance scheme, renewable from year to year.
- PMJJBY offers coverage for death due to any reason and is available to people in the age group of 18 to 50 years.
- Under the PMJJBY scheme, a life cover of Rs. 2 lakhs is available for a one-year period stretching from 1st June to 31st May at a premium of Rs.436/- per annum per member.
Last updated on Jul 19, 2025
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