Which of the following is a key feature of the Pradhan Mantri Jan Dhan Yojana? (
Practice Questions
Q1
Which of the following is a key feature of the Pradhan Mantri Jan Dhan Yojana? (2014)
Free health insurance
Access to credit for farmers
Opening of bank accounts with zero balance
Subsidized cooking gas
Questions & Step-by-Step Solutions
Which of the following is a key feature of the Pradhan Mantri Jan Dhan Yojana? (2014)
Step 1: Understand what the Pradhan Mantri Jan Dhan Yojana is. It is a government scheme launched in 2014 in India.
Step 2: Identify the main purpose of the scheme. It aims to provide financial services to everyone, especially those who do not have access to banking.
Step 3: Recognize a key feature of the scheme. One of the main features is that individuals can open bank accounts without needing to maintain a minimum balance.
Step 4: Conclude that this feature helps promote financial inclusion by allowing more people to access banking services.