Question
1. Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial In-clusion to ensure access to financial services. in an affordable manner. Sixteen crore (16.00,00.000)
1. Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial In-clusion to ensure access to financial services. in an affordable manner. Sixteen crore (16.00,00.000) of these account holders satisfy the eligibility criteria to get insur-ance cover of INR 30.000 for death due to any cause (other than accident), and INR 1.00.000 for accidental death. This insurance requires no payment of pre-mium. The Government of India (GOI) has estimated that. roughly four out of one thousand such account holders will die in a year, and only 4% of these deaths are accidental deaths'. GOT wants to set aside a corpus for settling the claims arising due to accidental deaths amongst these 16 crore eligible account holders during the 2018-2019 finan-cial year. GUI also wants the probability of the total claim amount exceeding the corpus to be less than one percent. Evaluate the minimuni corpus in crore. Your answer should be an integer.
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