The Pradhan Mantri Jan Dhan Yojana (PMJDY) primarily aims to promote which of th

₹0.0

Question: The Pradhan Mantri Jan Dhan Yojana (PMJDY) primarily aims to promote which of the following? (2014)

Options:

Correct Answer: Financial inclusion

Exam Year: 2014

Solution:

The Pradhan Mantri Jan Dhan Yojana (PMJDY) aims to promote financial inclusion by providing banking facilities to the unbanked population.

The Pradhan Mantri Jan Dhan Yojana (PMJDY) primarily aims to promote which of the following? (2014)

The Pradhan Mantri Jan Dhan Yojana (PMJDY) primarily aims to promote which of the following? (2014)

Step 1: Understand what the Pradhan Mantri Jan Dhan Yojana (PMJDY) is. It is a government scheme launched in India.
Step 2: Identify the main goal of PMJDY. It aims to provide banking services to people who do not have access to banks.
Step 3: Recognize the term 'financial inclusion.' This means making sure everyone can use banking services.
Step 4: Conclude that the primary aim of PMJDY is to promote financial inclusion by giving banking facilities to those who are unbanked.

Financial Inclusion – The process of ensuring access to financial services, such as banking, for all individuals, particularly those who are unbanked or underserved.