Pradhan Mantri Jan-Dhan Yojana was launched by the Prime Minister of India Narendra Modi on 28 August 2014. What is the main objective of the scheme?

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CollectorBabu · Accepted Answer

Correct Answer: To promote financial inclusion in the country. Pradhan Mantri Jan Dhan Yojana is a full-fledged financial programme started by the government that explains that every individual should have a bank account that will include life insurance of account. The idea of Pradhan Mantri Jan Dhan Yojana is to encourage financial inclusion in the nation, so this seems that option C is correct. Under the Pradhan Mantri Jan Dhan Yojana, the account holders are eligible for an overdraft of Rs. 10000 from the bank. The overdraft limit for account holders of Pradhan Mantri Jan Dhan Yojana has now been doubled to Rs. 10,000 from Rs. 5,000 earlier and there won't be any conditions attached for overdraft up to Rs. 2,000.  The age limit for availing overdraft facility has also been revised from 18-60 years to 18-65 years. Under the expanded coverage from 'every household to every adult', accidental insurance cover for new RuPay cardholders has been raised from Rs. 1 lakh to Rs. 2 lakh to Pradhan Mantri Jan Dhan Yojana accounts opened after August 28, 2018, said the release. Pradhan Mantri Jan-Dhan Yojana was launched by the Prime Minister of India Narendra Modi on 28 August 2014.

Pradhan Mantri Jan-Dhan Yojana was launched by the Prime Minister of India Narendra Modi on 28 August 2014. What is the main objective of the scheme?

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Pradhan Mantri Jan-Dhan Yojana&nbsp;was&nbsp;launched&nbsp;by the Prime Minister of&nbsp;India&nbsp;Narendra Modi on 28 August 2014. What is the main objective of the scheme?

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Pradhan Mantri Jan-Dhan Yojana was launched by the Prime Minister of India Narendra Modi on 28 August 2014. What is the main objective of the scheme?