Multiple choice

' Aam Admi Bima Yojana' is an insurance scheme for rural landless households, introduced by

  1. National Insurance Co.

  2. Life Insurance Co.

  3. UTI

  4. ICICI Life Prudential Co.

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

The Aam Admi Bima Yojana (AABY) is a social security scheme for rural landless households, administered by the Life Insurance Corporation of India (LIC). It provides insurance coverage against death and disability to the head of the family or one earning member. The premium is shared between the Central and State governments.