The correct answer is: Rs. 2 Lakh.
Matri Shakti Bima Yojana (MSBY) is a life insurance scheme for pregnant women. It is a joint initiative of the Ministry of Health and Family Welfare and the Life Insurance Corporation of India (LIC). The scheme provides a life cover of Rs. 2 lakh to the insured woman in case of her death during pregnancy or within 12 months of delivery. The premium for the scheme is Rs. 300 per year and is payable annually. The scheme is open to all pregnant women who are registered with the government health system.
The scheme is designed to provide financial assistance to the family of the insured woman in case of her death. The amount of the cover is sufficient to meet the expenses of the funeral and other immediate needs of the family. The scheme also provides a lump sum amount to the child of the insured woman on attaining the age of 18 years. This amount can be used for the child’s education or marriage.
The scheme is a valuable financial protection for pregnant women and their families. It is a simple and affordable way to ensure that the family of the insured woman is taken care of in case of her death.
The other options are incorrect because they are not the amount of cover provided under MSBY.