Name the scheme which provides risk coverage of ₹2 lakhs for accidental death or full disability and ₹1 lakh for partial disability to people in the age group 18 to 70 years.

Correct option is B

The correct answer is (B) Pradhan Mantri Suraksha Bima Yojana.

Explanation:
Pradhan Mantri Suraksha Bima Yojana (PMSBY) provides accidental insurance coverage of ₹2 lakhs for accidental death or full disability and ₹1 lakh for partial disability. It is available for individuals aged 18 to 70 years, ensuring affordable accident insurance.

Information Booster:

• PMSBY Launch Year:2015
• Ministry:Ministry of Finance
• Current Minister (2025):Nirmala Sitharaman

Additional Information:

• Pradhan Mantri Mudra Yojana (2015): Supports MSMEs with financial aid, not accident insurance.
• Pradhan Mantri Jeevan Jyoti Bima Yojana (2015): Provides life insurance, not accident insurance.
• Atal Pension Yojana (2015): Aimed at pension benefits for unorganized sector workers, not accident insurance.