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With reference to “Aam Admi Bima Yojana”. Consider the following statements: 1. The member insured under the scheme must be the head of the family or earning member of the family in a rural landless household. 2. The member insured must be in the age group of 30 to 65 years. 3. There is a provision for free scholarship for up to two children of the insured who are studying between classes 9 and 12. Which of the statements given above is/are correct

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With reference to “Aam Admi Bima Yojana”. Consider the following statements: 1. The member insured under the scheme must be the head of the family or earning member of the family in a rural landless household. 2. The member insured must be in the age group of 30 to 65 years. 3. There is a provision for free scholarship for up to two children of the insured who are studying between classes 9 and 12. Which of the statements given above is/are correct?

(a)

1 only

(b)

2 and 3 only

(c)

1 and 3 only

(d)

1, 2 and 3

Answer:

(c)

CA

Explanation

Statement 1 is correct: The scheme covers either the head of the family or the earning member. Statement 2 is not correct: The age group is 18 to 59 years. Statement 3 is correct: The scheme includes scholarship benefits for children studying between classes 9 and 12.