With reference to "Aam Admi Bima Yojana", consider the following statements: 1) the member insured under the scheme must be the head of the family or an earning member of the family in a rural landless household. 2) The Member insured must be in the age group of 30 to 65 years. 3) There is a provision for free scholarship for up to two children of the insured who are studying between classes 9 and 12. Which of the statements given above is/ are correct?

The correct answer is C (1 and 3 only). AABY, launched in 2007 for rural landless households, is aimed at the head of the family or the main earning member. Statement 1 is correct. The scheme also gives a scholarship of Rs 100 per month for up to two children of the insured who study in classes 9 to 12. That makes statement 3 correct.

Statement 2 is wrong. The entry age under AABY is 18 to 59 years, not 30 to 65. Anyone who tells you 30 to 65 is mixing it up with other schemes or with the cover period. Check the age band in the scheme guidelines of the exam year, because the scheme's terms were revised later.

Core concept: Social security schemes for the unorganised sector, including the rural poor. Mains often asks about how such schemes target beneficiaries and whether they reach the intended people. AABY is a good example of a scheme that combines insurance with an education support component.

Trap: Candidates often remember the scholarship and the family-head condition and then pick a wrong age band because it sounds familiar from other schemes. Memorise the eligibility conditions as a set, not one at a time.