Question

Which of the following is/are social security scheme(s) ?

1.Atal Pension Yojana

2. Pradhan Mantri Jeevan Jyoti Bima Yojana

3. Pradhan Mantri Suraksha Bima Yojana

Select the correct answer using the code given below :

1. 1 only
2. 2 and 3 only
3. 1, 2 and 3
4. 1 and 3 only

Answer 1

Correct Answer - Option 3 : 1, 2 and 3

The correct answer is 1, 2 and 3.

Atal Pension Yojana	The scheme was launched on 9th May 2015, with the objective of creating a universal social security system for all Indians, especially the poor, the underprivileged, and the workers in the unorganized sector. Any citizen of India can join the APY scheme. The age of the subscriber should be between 18-40 years. It provides a minimum guaranteed pension ranging from Rs 1000 to Rs 5000 on attaining 60 years of age.
Pradhan Mantri Jeevan Jyoti Bima Yojana	It is a life insurance scheme launched in 2015 for people between 18 and 50 years of age with bank accounts. It provides a cover of Rs. 2 Lakh on natural death or death by accidents (term plan insurance). The annual premium for the scheme is Rs. 330.
Pradhan Mantri Suraksha Bima Yojana	It is a life Insurance Scheme to provide insurance cover at a minimal annual premium for death or disability by accidents. The risk coverage of the scheme for accidental death or full disability is Rs. 2 lakhs and for partial disability is Rs. 1 lakh. Anyone who falls in the age bracket of 18-70 years can avail the benefit of this scheme. The annual premium is a meager amount of Rs. 12.