Question
In context with the “Aam Admi Bima Yojana”, consider the following statements:
Which among the above is/ are correct statements?
- The scheme has been launched for landless households of rural as well as urban areas of the country.
- The insured person has to pay a nominal premium to avail of benefits under this scheme.
- The “Premium Fund” of this scheme is managed by the LIC of India.
- The scheme is not available to senior citizens.
Which among the above is/ are correct statements?
Answer: Option B
Answer: (b)
Aam Aadmi Bima Yojana (AABY) came into effect in 2013 covers the death and permanent disability for the benefit of rural landless households of age 18 to 59.
The insured person has to pay a nominal premium to avail benefits under this scheme and the “Premium Fund” of this scheme is managed by LIC of India.
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Answer: (b)
Aam Aadmi Bima Yojana (AABY) came into effect in 2013 covers the death and permanent disability for the benefit of rural landless households of age 18 to 59.
The insured person has to pay a nominal premium to avail benefits under this scheme and the “Premium Fund” of this scheme is managed by LIC of India.
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