Pradhan Mantri Jeevan Jyoti Bima Yojana offers a protection term insurance cover of ______ to the insurer.

₹2 Lakh

The correct answer is Option (3) - ₹2 Lakh

The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) offers a life insurance cover of ₹2 Lakh to the insured person. This scheme provides financial protection to the insured person's family in case of their unfortunate demise, helping cover immediate expenses and offering support during difficult times.