Module: General Practice
Q28: What is the current annual premium payable by a subscriber for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) for the coverage period starting June 1, 2025?
✅ Correct Answer: B
🎯 Quick Answer:
The annual premium is ₹436.Structural Breakdown: 1. Premium: Revised from ₹330 to ₹436 per annum (effective since June 1, 2022). 2. Coverage Amount: ₹2 Lakh (₹2,00,000). 3. Eligibility: Individuals aged 18 to 50 years with a savings bank account.
Historical Context: The premium was originally ₹330 but was hiked to ₹436 in 2022 due to a high claim ratio.
This rate remains applicable for the 2025-26 cycle.