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What is Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
  • a)
    Accidental insurance cover
  • b)
    Life insurance cover
  • c)
    Overdraft up to Rs.5,000/-
  • d)
    None of above
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What is Pradhan Mantri Suraksha Bima Yojana (PMSBY)?a)Accidental insur...
Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an accidental insurance cover. It is a government-backed insurance scheme that provides affordable accidental insurance coverage to Indian citizens, especially for those living in rural areas. The scheme offers a sum insured of Rs. 2 lakhs in case of accidental death or permanent total disability.
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What is Pradhan Mantri Suraksha Bima Yojana (PMSBY)?a)Accidental insurance coverb)Life insurance coverc)Overdraft up to Rs.5,000/-d)None of aboveCorrect answer is option 'A'. Can you explain this answer?
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