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Which of the following statements is/are correct regarding Pradhan Mantri Jeevan Jyoti Bima Yojana? 1. It is a one year life insurance scheme 2. It is available in the age group of 18 to 50 years 3.…

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Which of the following statements is/are correct regarding Pradhan Mantri Jeevan Jyoti Bima Yojana?
1. It is a one year life insurance scheme
2. It is available in the age group of 18 to 50 years
3. It is renewable from year to year
  1. 1 only
  2. 1 and 2 only
  3. 2 and 3 only
  4. 1, 2 and 3

Answer and explanation

Correct answer: D - 1, 2 and 3
PMJJBY is a one-year life cover, renewable every year, for people aged 18-50. All three statements are true, so 1, 2 and 3.

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