gs1easy

Pradhan Mantri Jan-Dhan Yojana has been launched for

  1. A.providing housing loan to poor people at cheaper interest rates
  2. B.promoting women’s Self-Help Groups in backward areas
  3. C.promoting financial inclusion in the country
  4. D.providing financial help to marginalized communities
▶ Answer & Explanation

Correct answer: C. promoting financial inclusion in the country

The Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a national mission for financial inclusion. It aims to ensure access to financial services, namely banking/ savings & deposit accounts, remittance, credit, insurance, and pension in an affordable manner. The scheme enables bank accounts for all citizens, facilitating direct benefit transfers.

Source: UPSC gs1 2015

Practice this question with answer tracking

Track your performance, build spaced repetition reviews, and see your weak areas.

Start practising free →