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TOTAL QUESTION: 20
TOTAL TIME= 20 MIN
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Your results are here!! for" PM Suraksha Bima Yojana (PMSBY) "
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Question 1 of 20
1. Question
Which ministry is responsible for the Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
Correct
PMSBY is listed under the Ministry of Finance.
Incorrect
PMSBY is listed under the Ministry of Finance.
Unattempted
PMSBY is listed under the Ministry of Finance.
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Question 2 of 20
2. Question
What type of insurance scheme is PMSBY?
Correct
PMSBY is an accident insurance scheme.
Incorrect
PMSBY is an accident insurance scheme.
Unattempted
PMSBY is an accident insurance scheme.
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Question 3 of 20
3. Question
What does PMSBY provide cover for?
Correct
PMSBY provides accidental death and disability cover resulting from an accident.
Incorrect
PMSBY provides accidental death and disability cover resulting from an accident.
Unattempted
PMSBY provides accidental death and disability cover resulting from an accident.
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Question 4 of 20
4. Question
What is the annual premium payable under PMSBY per member?
Correct
The annual premium under PMSBY is Rs. 20 per member.
Incorrect
The annual premium under PMSBY is Rs. 20 per member.
Unattempted
The annual premium under PMSBY is Rs. 20 per member.
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Question 5 of 20
5. Question
How is the PMSBY premium deducted from the account holder‘s account?
Correct
The premium is deducted through the auto-debit facility.
Incorrect
The premium is deducted through the auto-debit facility.
Unattempted
The premium is deducted through the auto-debit facility.
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Question 6 of 20
6. Question
By when is the PMSBY annual premium deducted for each coverage period?
Correct
The premium is deducted on or before 1st June of each annual coverage period.
Incorrect
The premium is deducted on or before 1st June of each annual coverage period.
Unattempted
The premium is deducted on or before 1st June of each annual coverage period.
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Question 7 of 20
7. Question
What is the coverage period under PMSBY when the annual premium is paid?
Correct
PMSBY coverage is valid for one year from 1st June to 31st May.
Incorrect
PMSBY coverage is valid for one year from 1st June to 31st May.
Unattempted
PMSBY coverage is valid for one year from 1st June to 31st May.
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Question 8 of 20
8. Question
For how long is PMSBY coverage valid after payment of the annual premium?
Correct
The coverage under PMSBY is valid for one year.
Incorrect
The coverage under PMSBY is valid for one year.
Unattempted
The coverage under PMSBY is valid for one year.
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Question 9 of 20
9. Question
At what age does the PMSBY accident cover terminate?
Correct
The accident cover terminates on attaining 70 years of age, based on age nearer birthday.
Incorrect
The accident cover terminates on attaining 70 years of age, based on age nearer birthday.
Unattempted
The accident cover terminates on attaining 70 years of age, based on age nearer birthday.
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Question 10 of 20
10. Question
Which event can result in termination or restriction of PMSBY accident cover?
Correct
Closure of the bank account can result in termination or restriction of the accident cover.
Incorrect
Closure of the bank account can result in termination or restriction of the accident cover.
Unattempted
Closure of the bank account can result in termination or restriction of the accident cover.
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Question 11 of 20
11. Question
What account-related condition can cause PMSBY accident cover to terminate or be restricted?
Correct
Insufficient balance to keep the insurance in force can result in termination or restriction of cover.
Incorrect
Insufficient balance to keep the insurance in force can result in termination or restriction of cover.
Unattempted
Insufficient balance to keep the insurance in force can result in termination or restriction of cover.
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Question 12 of 20
12. Question
If a member is covered under PMSBY through more than one account and premiums are received inadvertently, what is the maximum insurance cover?
Correct
In such a case, the insurance cover is restricted to Rs. 2 lakh.
Incorrect
In such a case, the insurance cover is restricted to Rs. 2 lakh.
Unattempted
In such a case, the insurance cover is restricted to Rs. 2 lakh.
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Question 13 of 20
13. Question
What amount is payable to the nominee on the death of a PMSBY subscriber?
Correct
The nominee receives Rs. 2 lakh on the death of the subscriber.
Incorrect
The nominee receives Rs. 2 lakh on the death of the subscriber.
Unattempted
The nominee receives Rs. 2 lakh on the death of the subscriber.
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Question 14 of 20
14. Question
What benefit is payable for total and irrecoverable loss of both eyes under PMSBY?
Correct
Total and irrecoverable loss of both eyes qualifies for a benefit of Rs. 2 lakh.
Incorrect
Total and irrecoverable loss of both eyes qualifies for a benefit of Rs. 2 lakh.
Unattempted
Total and irrecoverable loss of both eyes qualifies for a benefit of Rs. 2 lakh.
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Question 15 of 20
15. Question
What benefit is payable for total and irrecoverable loss of use of both hands or feet?
Correct
Total and irrecoverable loss of use of both hands or feet qualifies for Rs. 2 lakh.
Incorrect
Total and irrecoverable loss of use of both hands or feet qualifies for Rs. 2 lakh.
Unattempted
Total and irrecoverable loss of use of both hands or feet qualifies for Rs. 2 lakh.
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Question 16 of 20
16. Question
What amount is payable for loss of sight of one eye and loss of use of one hand or foot?
Correct
The stated benefit for loss of sight of one eye and loss of use of one hand or foot is Rs. 2 lakh.
Incorrect
The stated benefit for loss of sight of one eye and loss of use of one hand or foot is Rs. 2 lakh.
Unattempted
The stated benefit for loss of sight of one eye and loss of use of one hand or foot is Rs. 2 lakh.
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Question 17 of 20
17. Question
What amount is payable for total and irrecoverable loss of sight of one eye?
Correct
Total and irrecoverable loss of sight of one eye qualifies for Rs. 1 lakh.
Incorrect
Total and irrecoverable loss of sight of one eye qualifies for Rs. 1 lakh.
Unattempted
Total and irrecoverable loss of sight of one eye qualifies for Rs. 1 lakh.
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Question 18 of 20
18. Question
What amount is payable for total and irrecoverable loss of use of one hand or foot?
Correct
Total and irrecoverable loss of use of one hand or foot qualifies for Rs. 1 lakh.
Incorrect
Total and irrecoverable loss of use of one hand or foot qualifies for Rs. 1 lakh.
Unattempted
Total and irrecoverable loss of use of one hand or foot qualifies for Rs. 1 lakh.
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Question 19 of 20
19. Question
What is the eligible age range for individual bank account holders under PMSBY?
Correct
Eligible individual bank account holders are aged 18 years completed to 70 years, with age determined by nearer birthday.
Incorrect
Eligible individual bank account holders are aged 18 years completed to 70 years, with age determined by nearer birthday.
Unattempted
Eligible individual bank account holders are aged 18 years completed to 70 years, with age determined by nearer birthday.
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Question 20 of 20
20. Question
What must an eligible bank account holder do to be enrolled into PMSBY?
Correct
The account holder must give consent to join or enable auto-debit.
Incorrect
The account holder must give consent to join or enable auto-debit.
Unattempted
The account holder must give consent to join or enable auto-debit.