What is the last date for annual renewal?
 a) 31 March
b) 31 May
c) 30 June
d) 31 December
 

Answer: b) 31 May

  • What is the main objective of PMSBY?
    a) Provide pension
    b) Provide accidental insurance
    c) Provide health coverage
    d) Provide education loan
     

    Answer: b) Provide accidental insurance

  • Which mode is used for premium deduction?
    a) NEFT
    b) ECS
    c) UPI
    d) Cheque
     

    Answer: b) ECS

  • Is GST applicable on PMSBY premium?
    a) Yes
    b) No
     

    Answer: b) No

  • Who approves PMSBY scheme?
    a) RBI
    b) IRDAI
    c) SEBI
    d) NABARD
     

    Answer: b) IRDAI

  • What is the claim form submission deadline?
    a) 30 days
    b) 60 days
    c) 90 days
    d) 120 days
     

    Answer: c) 90 days

  • Can PMSBY be combined with PMJJBY?
    a) Yes
    b) No
     

    Answer: a) Yes

  • What is PMJJBY premium?
    a) ₹12
    b) ₹330
    c) ₹500
    d) ₹750
     

    Answer: b) ₹330

  • Which risk is covered under PMSBY?
    a) Natural death
    b) Accidental death
    c) Critical illness
    d) Fire accident
     

    Answer: b) Accidental death

  • Who can terminate PMSBY policy?
    a) Bank
    b) Subscriber
    c) Insurance company
    d) All of the above
     

    Answer: d) All of the above