Jan Dhan Yojana — Prelims Questions

Consider the following statements about Pradhan Mantri Jan Dhan Yojana: 1. It provides overdraft facility to all account holders immediately upon account opening 2. RuPay cards issued under the scheme have built-in accident insurance of ₹2 lakh 3. The scheme is integrated with Atal Pension Yojana for retirement security 4. Business Correspondents can open PMJDY accounts in rural areas Which of the statements given above are correct?

The JAM trinity, which is crucial for Direct Benefit Transfer in India, consists of:

Which of the following is NOT a component of the Pradhan Mantri Jan Dhan Yojana?

Consider the following about account dormancy in PMJDY: 1. An account is considered dormant if no transaction occurs for 12 months 2. Dormant accounts cannot receive Direct Benefit Transfers 3. Approximately 23% of PMJDY accounts are currently dormant 4. Dormant accounts are automatically closed after 24 months Which of the above statements are correct?

The Business Correspondent model under PMJDY is significant because: