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TOTAL QUESTION: 20
TOTAL TIME= 20 MIN
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Your results are here!! for" PM Jeevan Jyoti Bima Yojana (PMJJBY) "
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Question 1 of 20
1. Question
Which ministry is responsible for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?
Correct
PMJJBY is listed under the Ministry of Finance.
Incorrect
PMJJBY is listed under the Ministry of Finance.
Unattempted
PMJJBY is listed under the Ministry of Finance.
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Question 2 of 20
2. Question
What type of scheme is Pradhan Mantri Jeevan Jyoti Bima Yojana?
Correct
PMJJBY is an insurance scheme offering life insurance cover.
Incorrect
PMJJBY is an insurance scheme offering life insurance cover.
Unattempted
PMJJBY is an insurance scheme offering life insurance cover.
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Question 3 of 20
3. Question
What does PMJJBY provide insurance cover for?
Correct
PMJJBY provides life insurance cover for death due to any reason.
Incorrect
PMJJBY provides life insurance cover for death due to any reason.
Unattempted
PMJJBY provides life insurance cover for death due to any reason.
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Question 4 of 20
4. Question
What is the duration of the insurance cover under PMJJBY?
Correct
PMJJBY provides one-year insurance cover.
Incorrect
PMJJBY provides one-year insurance cover.
Unattempted
PMJJBY provides one-year insurance cover.
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Question 5 of 20
5. Question
How is the PMJJBY insurance cover renewed?
Correct
The one-year cover under PMJJBY is renewable from year to year.
Incorrect
The one-year cover under PMJJBY is renewable from year to year.
Unattempted
The one-year cover under PMJJBY is renewable from year to year.
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Question 6 of 20
6. Question
Which institutions offer PMJJBY to eligible individuals?
Correct
The scheme is offered by participating banks and post offices.
Incorrect
The scheme is offered by participating banks and post offices.
Unattempted
The scheme is offered by participating banks and post offices.
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Question 7 of 20
7. Question
Who administers the PMJJBY scheme?
Correct
PMJJBY is administered through life insurance companies.
Incorrect
PMJJBY is administered through life insurance companies.
Unattempted
PMJJBY is administered through life insurance companies.
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Question 8 of 20
8. Question
What is the eligible age group for joining PMJJBY?
Correct
Individuals aged 18 to 50 years who meet the account requirements can join PMJJBY.
Incorrect
Individuals aged 18 to 50 years who meet the account requirements can join PMJJBY.
Unattempted
Individuals aged 18 to 50 years who meet the account requirements can join PMJJBY.
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Question 9 of 20
9. Question
What is the life insurance cover provided under PMJJBY?
Correct
PMJJBY offers a one-year term life cover of ₹2 lakh.
Incorrect
PMJJBY offers a one-year term life cover of ₹2 lakh.
Unattempted
PMJJBY offers a one-year term life cover of ₹2 lakh.
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Question 10 of 20
10. Question
Which type of death is covered under PMJJBY?
Correct
The scheme covers death due to any reason.
Incorrect
The scheme covers death due to any reason.
Unattempted
The scheme covers death due to any reason.
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Question 11 of 20
11. Question
What is the annual premium payable by a PMJJBY subscriber?
Correct
The annual premium is ₹436 per subscriber.
Incorrect
The annual premium is ₹436 per subscriber.
Unattempted
The annual premium is ₹436 per subscriber.
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Question 12 of 20
12. Question
How much premium is payable per subscriber per annum under PMJJBY?
Correct
PMJJBY requires an annual premium of ₹436 per subscriber.
Incorrect
PMJJBY requires an annual premium of ₹436 per subscriber.
Unattempted
PMJJBY requires an annual premium of ₹436 per subscriber.
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Question 13 of 20
13. Question
How is the PMJJBY premium collected from the subscriber?
Correct
The premium is auto debited from the subscriber‘s bank or post office account.
Incorrect
The premium is auto debited from the subscriber‘s bank or post office account.
Unattempted
The premium is auto debited from the subscriber‘s bank or post office account.
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Question 14 of 20
14. Question
From which account is the PMJJBY premium auto debited?
Correct
The premium is auto debited from the subscriber‘s bank or post office account.
Incorrect
The premium is auto debited from the subscriber‘s bank or post office account.
Unattempted
The premium is auto debited from the subscriber‘s bank or post office account.
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Question 15 of 20
15. Question
Who can join PMJJBY according to the given eligibility conditions?
Correct
Individuals aged 18 to 50 years who hold an individual bank or post office account can join.
Incorrect
Individuals aged 18 to 50 years who hold an individual bank or post office account can join.
Unattempted
Individuals aged 18 to 50 years who hold an individual bank or post office account can join.
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Question 16 of 20
16. Question
What type of account must the applicant hold to be eligible for PMJJBY?
Correct
The applicant must hold an individual bank or post office account.
Incorrect
The applicant must hold an individual bank or post office account.
Unattempted
The applicant must hold an individual bank or post office account.
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Question 17 of 20
17. Question
A person wants to join PMJJBY. Which account condition must be satisfied?
Correct
The applicant must be an account holder of a participating bank or post office and hold an individual account.
Incorrect
The applicant must be an account holder of a participating bank or post office and hold an individual account.
Unattempted
The applicant must be an account holder of a participating bank or post office and hold an individual account.
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Question 18 of 20
18. Question
PMJJBY is best described as which of the following?
Correct
PMJJBY is a one-year renewable term life insurance scheme.
Incorrect
PMJJBY is a one-year renewable term life insurance scheme.
Unattempted
PMJJBY is a one-year renewable term life insurance scheme.
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Question 19 of 20
19. Question
What is the main financial benefit provided to a PMJJBY subscriber in case of covered death?
Correct
PMJJBY provides life insurance cover of ₹2 lakh.
Incorrect
PMJJBY provides life insurance cover of ₹2 lakh.
Unattempted
PMJJBY provides life insurance cover of ₹2 lakh.
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Question 20 of 20
20. Question
Which combination correctly describes PMJJBY?
Correct
PMJJBY provides ₹2 lakh life cover, covers death due to any reason, and has an annual premium of ₹436.
Incorrect
PMJJBY provides ₹2 lakh life cover, covers death due to any reason, and has an annual premium of ₹436.
Unattempted
PMJJBY provides ₹2 lakh life cover, covers death due to any reason, and has an annual premium of ₹436.