Maharashtra State PSC Model Paper 2

The correct answer is 2 Lakh rupees.

• It was formally launched by Prime Minister Narendra Modi on 8 May in Kolkata, West Bengal.
• This is a government-backed accident insurance scheme in India. It was originally mentioned in the 2015 Budget speech by Finance Minister Late Arun Jaitley in February 2015.
• Pradhan Mantri Suraksha Bima Yojana is available to people (Indian Resident or NRI) between 18 and 70 years of age with bank accounts.
• It has an annual premium of ₹12 exclusives of taxes. The GST is exempted on this Yojana.
• Under this scheme, in case of an unexpected death or full disability, the payment to the nominee will be ₹2 lakh and in case of partial permanent disability ₹1 lakh has been covered.