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 an 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 a 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?

QUESTION

Medium

Social Issues & Schemes

Prelims 2011

With reference to “Aam Admi Bima Yojana”, consider the following statements:

The member insured under the scheme must be the head of the family or an earning member of the family in a rural landless household.
The member insured must be in the age group of 30 to 65 years.
There is a provision for a 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?

Select an option to attempt

Explanation

The merged social security scheme renamed Aam Admi Bima Yojana came into effect from 01.01.2013.

The member should normally be the head of the family or one earning member of the below-the-poverty-line family (BPL) or marginally above the poverty line under an identified vocational group/rural landless household.
The members should be aged between 18 years completed and 59 years nearer birthday.
Scholarship as a Free Add-on benefit will be provided to a maximum of two children of the beneficiary studying between 9th to 12th Standard @ Rs.100 per month for each child payable half yearly on 1st July and on 1st January, each year.

Hence, only statements 1 and 3 are correct.

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