Under the Pradhan Mantri Jan Dhan Yojana (PMJDY), which of the following is a correct provision regarding the overdraft facility and accident insurance cover?

Options:

  • A: Overdraft facility of up to Rs. 10,000 is available to one account holder per household, preferably the lady of the house, with no age limit.
  • B: Accident insurance cover of Rs. 2 Lakh is available for PMJDY accounts opened after August 28, 2018, provided the RuPay card is used at least once in 45 days.
  • C: Overdraft facility of up to Rs. 10,000 is available to eligible account holders in the age group of 18-65 years, and there is no condition of transactions for the first Rs. 2,000.
  • D: Life insurance cover of Rs. 1,00,000 is provided to all PMJDY account holders irrespective of the date of opening the account.

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