Question

Which among the following statements are correct regarding PMJJBY?

1. Individual maintaining account with the participating banks / post office are only eligible to join the scheme.
2. The maximum age limit for new enrolment under the Scheme is 55 years (nearer to birthday)
3. If a person is having multiple bank account he is eligible to join the scheme from each of the bank.
4. Insurance coverage under the scheme is Rs. 5 Lakh per individual (death due to any cause).

• A. i only correct
• B. i wrong, iv correct
• C. All are correct
• D. None of these

Answer 1

Answer:

A. i only correct

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