Question- Recently, Union Minister for Communications Shri Manoj Sinha launched the Sampoorna Bima Gram (SBG) Yojana and an initiative for expansion of clientele base of Postal Life Insurance. Consider the following statements related to this:
(i) Postal Life Insurance (PLI) was introduced in the year 1884.
(ii) Under the scheme, at least 5 villages in each revenue districts of the country will be marked.
(iii) On the recommendations of the Malhotra Committee, the beginning of rural postal life insurance was started on March 1995.
Which of the following statements is / are true / to-
(a) Only (i)
(b) Only (i) and (iii)
(c) Only (ii) and (iii)
(d) All the above
Answer: (b)
Related Facts:
- On October 13th, 2017, the Minister for Communications Shri Manoj Sinha launched the Sampoorna Bima Gram (SBG) Yojana and an initiative for expansion of clientele base of Postal Life Insurance.
- Coverage of all households in the identified Sampoorna Bima Gram village is the primary objective of this scheme.
- The Minister said, under Sampoorna Bima Gram (SBG) Yojana, at least one village (having a minimum of 100 households) will be identified in each of the revenue districts of the country.
- Endeavour will be made to cover all households of that identified village with a minimum of one RPLI (Rural Postal Life Insurance) policy each.
- All villages under the Saansad Adarsh Gram Yojana will be brought under its ambit.
- Under the scheme expansion of clientele base of PLI, it has now been decided that benefits of PLI will no more be confined to Government and semi-Government employees, but will also be available to professionals such as Doctors, Engineers, Management Consultants, Charted Accountants, Architects, Lawyers, Bankers etc. and to employees of listed companies of NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).
- It is noteworthy that Postal Life Insurance (PLI), introduced in 1884, is one of the oldest life insurance schemes for benefit of Government and semi-Government employees.
- Rural Postal Life Insurance (RPLI), introduced on March 24, 1995 on recommendations of Malhotra Committee, provides insurance cover to people residing in rural areas, especially weaker sections and women living in rural areas.
Reference:
http://pib.nic.in/newsite/PrintHindiRelease.aspx?relid=67659
http://pib.nic.in/newsite/PrintRelease.aspx?relid=171677