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 gro

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Q: 30 (IAS/2011)
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 insture who are studying between classes 9 and 1
2.
Which of the statements given above is/ correct?

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,23,75,36,21,23,18

keywords: 

{'aam admi bima yojana': [0, 0, 0, 1], 'free scholarship': [0, 0, 0, 1], 'provision': [5, 0, 10, 23], 'age group': [0, 0, 0, 7], 'rural landless household': [0, 0, 0, 1], 'scheme': [0, 0, 1, 0], 'children': [0, 0, 1, 0], 'classes': [1, 1, 3, 4]}

The "Aam Admi Bima Yojana" is a social security scheme aimed at the rural landless household. The following points break down each statement to explain why option 3 is the correct answer:

1. The first statement is correct. Under this scheme, the insured person must be the head or an earning member of a rural landless household. This means the person who has no land under cultivation and depends primarily on manual labour for their livelihood.

2. The second statement is incorrect. The scheme does not restrict membership to those between ages 30 and 65. It is accessible to those aged 18-59 years.

3. The third statement is correct. The scheme provides for a free scholarship for the insured`s children studying in classes 9 to 12, with the provision of two eligible children per family.

Therefore, the two statements that are accurate and coincide with the parameters of the scheme are 1 and 3. Hence, answer 3 (Option 1 and 3 only) is correct.