Correct Option
The Aam Admi Bima Yojana (AABY) was a social security scheme aimed at providing insurance cover to landless rural households.
- Statement 1 is correct: The scheme specifically covered the head of the family or an earning member of a rural landless household.
- Statement 3 is correct: AABY included a scholarship benefit for up to two children of the insured. These children were eligible if they were studying in classes 9 to 12.
Incorrect Options
- Statement 2 is incorrect: The eligibility age for the insured member under the Aam Admi Bima Yojana was 18 to 59 years, not 30 to 65 years.
- Option (a) is incorrect as it excludes statement 3, which is a correct provision of the scheme.
- Option (b) is incorrect because it includes statement 2, which contains an inaccurate age criterion.
- Option (d) is incorrect as it asserts all statements are correct, whereas statement 2 is factually incorrect.