Current Affairs · Government Schemes
What is the primary method or mechanism through which the Pradhan Mantri Suraksha Bima Yojana (PMSBY) policy is renewed annually?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Auto-debit facility from the subscriber's linked bank account✓
- 2Government-sponsored complete waiver of the annual renewal process
- 3Submitting a physical renewal application form online every year
- 4Manual cash payment at the respective bank branch
Correct answer
Auto-debit facility from the subscriber's linked bank account
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