Which public-insurance scheme offers life-cover to low-income earners in Odisha for an annual premium of about ₹330?

Correct option is A

The correct answer is (a) Pradhan Mantri Jeevan Jyoti Bima Yojana.
Explanation:
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a central life insurance scheme targeted at low income and unorganised workers.
The annual premium is around ₹330 per member, auto debited from the bank account.
It provides a fixed life cover (sum assured) payable to the nominee on the death of the insured.
Odisha, like other states, implements this scheme for eligible residents through banks and insurance companies.
The low premium and simple enrolment make it suitable for economically weaker sections.
Information Booster:
PMJJBY typically offers a life cover of ₹2 lakh to enrolled individuals.
It is often promoted alongside accident cover and pension schemes in social security packages.
Additional Knowledge:
Atal Pension Yojana (Option b)
A pension scheme for old age income security, not a pure life insurance cover.
National Pension System (Option c)
A contributory retirement savings scheme, mainly for long term investment.
Pradhan Mantri Suraksha Bima Yojana (Option d)
An accident insurance scheme with a lower premium (about ₹12 per year), distinct from life cover under PMJJBY.