What is the new limit of reduction of health insurance premium for people as announced in the Budget 2015-16?

a. 15000

b. 20000

c. 22000

d. 25000

ANSWER: 25000

Explanation:

The limit of reduction of health insurance premium was enhanced from Rs 15,000 to Rs 25,000. For senior citizens. This limit has been increased from Rs 20,000 to Rs 30,000.