'Pradhan Mantri Jan-Dhan Yojana' has been launched for
A
providing housing loan to poor people at cheaper interest rates
B
promoting women's Self-Help Groups in backward areas
C
promoting financial inclusion in the country
Correct Answer
D
providing financial help to the marginalized communities
Explanation
Option (c) is correct because PMJDY is a National Mission on Financial Inclusion designed to ensure universal access to banking services, credit, insurance, and pension facilities. Option (d) is the most tempting distractor, but the scheme focuses on providing systemic access to the formal banking sector rather than providing direct "financial help" or grants to marginalized groups. The core concept being tested is financial inclusion and the integration of the unbanked population into the formal economy.
Government SchemesFinancial Inclusion (PMJDY)Pradhan Mantri Jan-Dhan YojanaPMJDYFinancial InclusionNo-frills accountBasic Savings Bank Deposit AccountBSBDA