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  1. The amount of insurance cover provided by Indian Railways for passengers at a premium of Re.1 is
    1. Rs. One lakh
    2. Rs. Fifty thousands
    3. Rs. Ten lakhs
    4. Rs. Five lakhs
Correct Option: C

Indian Railways has been offering an insurance cover of Rs 10 lakh for a premium as low as Re 1 since September 2016. The insurance cover is besides the compensation given by the Railways in case of accidents to valid ticket holders. The insurance provides coverage against death, injury and disabilities caused due to accidents.


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