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What are the benefits attached to PMJDY?
- a)Accident insurance cover of Rs.1.00 lac
- b)Life insurance cover of Rs.30,000/-
- c)Overdraft facility up to Rs.5,000/-
- d)All of above
Correct answer is option 'D'. Can you explain this answer?
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What are the benefits attached to PMJDY?a)Accident insurance cover of ...
PMJDY (Pradhan Mantri Jan Dhan Yojana) benefits include Accident insurance cover of Rs.1.00 lac, Life insurance cover of Rs.30,000/-, and Overdraft facility up to Rs.5,000/-.
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What are the benefits attached to PMJDY?a)Accident insurance cover of ...
Benefits of PMJDY:
Accident Insurance Cover:
- PMJDY offers an accident insurance cover of Rs.1.00 lac to account holders. This provides financial security in case of any unfortunate accidents.
Life Insurance Cover:
- Account holders under PMJDY also receive a life insurance cover of Rs.30,000. This ensures that their family members are financially protected in case of any unforeseen events.
Overdraft Facility:
- Another key benefit of PMJDY is the overdraft facility of up to Rs.5,000. This feature allows account holders to withdraw funds even if their account balance is zero, providing them with a financial cushion in times of need.
Comprehensive Coverage:
- By offering accident insurance, life insurance, and an overdraft facility, PMJDY provides comprehensive coverage to account holders, ensuring their financial well-being and security.
Overall, PMJDY is a scheme that not only promotes financial inclusion but also provides valuable benefits to account holders, such as insurance coverage and overdraft facilities, which can be crucial in times of need.
Accident Insurance Cover:
- PMJDY offers an accident insurance cover of Rs.1.00 lac to account holders. This provides financial security in case of any unfortunate accidents.
Life Insurance Cover:
- Account holders under PMJDY also receive a life insurance cover of Rs.30,000. This ensures that their family members are financially protected in case of any unforeseen events.
Overdraft Facility:
- Another key benefit of PMJDY is the overdraft facility of up to Rs.5,000. This feature allows account holders to withdraw funds even if their account balance is zero, providing them with a financial cushion in times of need.
Comprehensive Coverage:
- By offering accident insurance, life insurance, and an overdraft facility, PMJDY provides comprehensive coverage to account holders, ensuring their financial well-being and security.
Overall, PMJDY is a scheme that not only promotes financial inclusion but also provides valuable benefits to account holders, such as insurance coverage and overdraft facilities, which can be crucial in times of need.
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What are the benefits attached to PMJDY?a)Accident insurance cover of Rs.1.00 lacb)Life insurance cover of Rs.30,000/-c)Overdraft facility up to Rs.5,000/-d)All of aboveCorrect answer is option 'D'. Can you explain this answer?
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What are the benefits attached to PMJDY?a)Accident insurance cover of Rs.1.00 lacb)Life insurance cover of Rs.30,000/-c)Overdraft facility up to Rs.5,000/-d)All of aboveCorrect answer is option 'D'. Can you explain this answer? for Class 6 2024 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about What are the benefits attached to PMJDY?a)Accident insurance cover of Rs.1.00 lacb)Life insurance cover of Rs.30,000/-c)Overdraft facility up to Rs.5,000/-d)All of aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 6 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What are the benefits attached to PMJDY?a)Accident insurance cover of Rs.1.00 lacb)Life insurance cover of Rs.30,000/-c)Overdraft facility up to Rs.5,000/-d)All of aboveCorrect answer is option 'D'. Can you explain this answer?.
What are the benefits attached to PMJDY?a)Accident insurance cover of Rs.1.00 lacb)Life insurance cover of Rs.30,000/-c)Overdraft facility up to Rs.5,000/-d)All of aboveCorrect answer is option 'D'. Can you explain this answer? for Class 6 2024 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about What are the benefits attached to PMJDY?a)Accident insurance cover of Rs.1.00 lacb)Life insurance cover of Rs.30,000/-c)Overdraft facility up to Rs.5,000/-d)All of aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 6 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What are the benefits attached to PMJDY?a)Accident insurance cover of Rs.1.00 lacb)Life insurance cover of Rs.30,000/-c)Overdraft facility up to Rs.5,000/-d)All of aboveCorrect answer is option 'D'. Can you explain this answer?.
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