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The Pradhan Mantri Jeevan Jyoti Bima Yojana, commonly known as PMJJBY, is a government-backed life insurance scheme in India. Launched in 2015, this initiative aims to provide affordable and accessible insurance coverage to the economically disadvantaged sections of society. With a nominal annual premium, individuals aged between 18 and 50 years can secure a life insurance cover of ₹2 lakh. This comprehensive scheme offers financial protection and peace of mind to millions of Indians, contributing to their overall socioeconomic well-being.
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Pmjjby Full Form in English
The full form of PMJJBY stands for Pradhan Mantri Jeevan Jyoti Bima Yojana, which is a life insurance scheme introduced by the Government of India. Under this scheme, individuals between the ages of 18 and 50 can avail a life insurance cover of Rs. 2 lakhs at a minimal premium. The objective of PMJJBY is to provide financial security to the common people and their families in case of an unfortunate event like death. It is an affordable and accessible insurance scheme aimed at promoting financial inclusion and creating a social security net for individuals who may not have access to formal insurance products. This scheme has been successful in bringing insurance coverage to a large population in India and promoting a culture of financial protection.
Pmjjby Full Form in Hindi
प्रधानमंत्री जीवन ज्योति बीमा योजना (पीएमजेजबीवाई) योजना हिंदी में है। इस योजना के तहत, सरकार उन गरीब परिवारों को सहायता प्रदान करती है जिनकी मासिक आय कम है और जिन्हें जीवन जीने के लिए जीवन बीमा की आवश्यकता होती है। इस योजना में सम्मिलित होकर, प्रत्येक सदस्य को 2 लाख रुपये तक का जीवन बीमा बिमा का लाभ प्राप्त होता है। यह योजना 18 से 50 वर्ष के गरीब लोगों को उनकी मृत्यु के मामले में सहायता प्रदान करने का प्रयास करती है।
In conclusion, PMJJBY stands for Pradhan Mantri Jeevan Jyoti Bima Yojana, a government-backed life insurance scheme in India. It provides a financial safety net to the economically disadvantaged sections of society and serves as a crucial step towards financial inclusion and security.