What is the amount of insurance cover available for accidental death under the Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
Answer & explanation
Correct answer: option 3
The correct answer is Option 3 - ₹2 lakh
The Pradhan Mantri Suraksha Bima Yojana (PMSBY) offers an accidental death insurance cover of ₹2 lakh to the nominee of the policyholder in case of death due to an accident.