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)
  1. Free health insurance
  2. Access to credit for farmers
  3. Opening of bank accounts with zero balance
  4. 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.
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