Module: General Practice
Q138: Consider the following statements regarding the claim limits and benefits under various Financial Inclusion schemes as of 2026:
Under PMJJBY, the death benefit payable to the nominee is fixed at ₹2 Lakh.
Under PMSBY, the compensation for partial permanent disability (such as loss of one eye) is ₹1 Lakh.
Under PMJDY, the "Unconditional Overdraft" limit available without stringent conditions is ₹5,000.
Which of the statements given above are correct?
Under PMSBY, the compensation for partial permanent disability (such as loss of one eye) is ₹1 Lakh.
Under PMJDY, the "Unconditional Overdraft" limit available without stringent conditions is ₹5,000.
Which of the statements given above are correct?
✅ Correct Answer: B
🎯 Quick Answer:
Statements 1 and 2 are correct; Statement 3 is incorrect.Structural Breakdown: 1. PMJJBY (Statement 1 is Correct): The death benefit is a flat ₹2 Lakh (₹2,00,000). 2. PMSBY (Statement 2 is Correct): While total disability/death is ₹2 Lakh, partial permanent disability is covered up to ₹1 Lakh (₹1,00,000). 3. PMJDY (Statement 3 is Incorrect): The total Overdraft limit is ₹10,000, but the unconditional portion (requiring no complex underwriting) is capped at ₹2,000, not ₹5,000.
Causal Reasoning: The lower unconditional limit protects banks from non-performing assets (NPAs) while still providing immediate micro-liquidity to the poor.