Explanation The Correct Answer is Rs 436 and Rs 20 Key Points | UPSC LAW Optional

Explanation
The Correct Answer is Rs 436 and Rs 20

Key Points
• The government raised the premium for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY), to make them economically viable.

• The premium rate of PMJJBY has been revised upward to Rs 1.25 per day, with an increase from Rs 330 to Rs 436 annually. The annual premium for PMSBY has been hiked from Rs 12 to Rs 20.

• The new premium rates are effective from June 1, 2022.