Module: General Practice
Q137: Consider the following statements:
Assertion (A): An individual holding multiple savings bank accounts can join PMJJBY through all of them to secure a higher insurance cover (e.g., ₹4 Lakh or ₹6 Lakh).
Reason (R): PMJJBY is linked to the Aadhaar number and the bank account, and the rules strictly restrict coverage to one account per person.
Reason (R): PMJJBY is linked to the Aadhaar number and the bank account, and the rules strictly restrict coverage to one account per person.
✅ Correct Answer: D
🎯 Quick Answer:
Assertion A is false; Reason R is true.Structural Breakdown: 1. Single Policy Rule: Even if a person has multiple bank accounts and premiums are deducted from all of them, the maximum claim payable is limited to ₹2 Lakh.
2. Forfeiture: Premiums paid for duplicate accounts are forfeited.
Causal Reasoning: R explains why A is false.
The Aadhaar-seeding ensures de-duplication of claims at the backend by the insurance company.