Multiple choice

Which of the following statements is/are true regarding the Aam Admi Bima Yojna?

  1. It is a scheme for the rural landless households, wherein the head of rural landless families or one earning member in each such family will be insured.
  2. The premium under the scheme is Rs. 300 for natural death and accidental death; and Rs. 200 for disability due to accident and permanent total disability due to accident.
  3. Funding pattern of the yojna will be equally shared by the Central and the State governments.

  1. 1 and 2

  2. 1 and 3

  3. Only 1

  4. All of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

It is a scheme for the rural landless households, wherein the head of rural landless families or one earning member in such a family will be insured.

The premium under the scheme is Rs. 200 for natural death, accident death, disability due to accident, and permanent total disability due to accident.

Funding Pattern: 50% Central share and 50% State share