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Insurance Awareness - Government Insurance Schemes — Insurance Awareness Questions & Practice

54 Insurance Awareness - Government Insurance Schemes questions from Insurance Awareness for competitive exams such as UPSC, Banking, SSC and Railway. Read the worked questions below, check every answer with an explanation, and track what you get wrong. का अभ्यास करें

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Insurance Awareness - Government Insurance Schemes पर अभ्यास प्रश्न — उत्तर सहित

Try each question first, then open the answer. Explanations are included.

1. Which of the following describes the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?

  1. AA government health insurance scheme providing coverage of up to Rs 5 lakh per family per year for hospitalization
  2. BA government-backed life insurance scheme offering coverage of Rs 2 lakh at a low annual premium
  3. CA government pension scheme aimed at providing a guaranteed minimum pension to workers in the unorganized sector
  4. DAn earlier government scheme aimed at providing health insurance to economically weaker sections
उत्तर दिखाएँ

उत्तर: B

'Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)' relates to: A government-backed life insurance scheme offering coverage of Rs 2 lakh at a low annual premium

2. What is the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) best known for?

  1. AA digital health initiative complementing the Ayushman Bharat scheme by creating digital health IDs
  2. BA government-backed life insurance scheme offering coverage of Rs 2 lakh at a low annual premium
  3. CA government social security scheme providing life insurance cover to rural landless households
  4. DA government crop insurance scheme providing financial support to farmers in case of crop failure
उत्तर दिखाएँ

उत्तर: B

'Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)' relates to: A government-backed life insurance scheme offering coverage of Rs 2 lakh at a low annual premium

3. Which government scheme is described as: 'A government-backed life insurance scheme offering coverage of Rs 2 lakh at a low annual premium'?

  1. APradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
  2. BPradhan Mantri Vaya Vandana Yojana (PMVVY)
  3. CEmployees' State Insurance Scheme (ESI Scheme)
  4. DAam Aadmi Bima Yojana (AABY)
उत्तर दिखाएँ

उत्तर: A

This corresponds to 'Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)'.

4. Identify the scheme: 'A government-backed life insurance scheme offering coverage of Rs 2 lakh at a low annual premium'.

  1. AUniversal Health Insurance Scheme
  2. BPradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
  3. CPradhan Mantri Vaya Vandana Yojana (PMVVY)
  4. DRashtriya Swasthya Bima Yojana (RSBY)
उत्तर दिखाएँ

उत्तर: B

This corresponds to 'Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)'.

5. Which of the following describes the Pradhan Mantri Suraksha Bima Yojana (PMSBY)?

  1. AA government health insurance scheme providing coverage of up to Rs 5 lakh per family per year for hospitalization
  2. BA government crop insurance scheme providing financial support to farmers in case of crop failure
  3. CA government-backed accident insurance scheme offering coverage of Rs 2 lakh at a very low annual premium
  4. DAn earlier government health insurance scheme for below-poverty-line families, later subsumed into Ayushman Bharat
उत्तर दिखाएँ

उत्तर: C

'Pradhan Mantri Suraksha Bima Yojana (PMSBY)' relates to: A government-backed accident insurance scheme offering coverage of Rs 2 lakh at a very low annual premium

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