With reference to "Aam Admi Bima Yojana", consider the following statements:
1. The member insured under the scheme must be the head of the family or an earning member of the family in a rural landless household.
2. The member insured must be in the age group of 30 to 65 years.
3. There is a provision for free scholarship for up to two children of the insured who are studying between classes 9 and 12.
Which of the statements given above is/are correct?
A
1 only
B
2 and 3 only
C
1 and 3 only
D
1, 2 and 3
Correct Answer: Option C
Explanation
1. Statement 1 is correct: The Aam Admi Bima Yojana (AABY) targeted the head of the family or one earning member of the family belonging to identified occupational groups/ rural landless households.
2. Statement 2 is incorrect: The eligible age group for the member insured under AABY was 18 to 59 years, not 30 to 65 years.
3. Statement 3 is correct: The scheme included a free add-on benefit called Shiksha Sahayog Yojana, which provided a scholarship of Rs. 100 per month for a maximum of two children of the beneficiary studying between classes 9 and 12.
Therefore, only statements 1 and 3 are correct.