In India, PMJDY is a central scheme, its expansion is ______

Question

Question

This question was previously asked in

Telangana Police SI Mains Exam 2022 Official Paper 4

Answer 1

The correct answer is Pradhan Mantri Jan Dhan Yojana.

Key Points

Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched on 28th August 2014.
It is a financial inclusion program aimed at expanding affordable access to financial services such as bank accounts, remittances, credit, insurance, and pensions.
The scheme focuses on providing universal access to banking facilities, particularly for the economically weaker sections of society.
PMJDY has been recognized as one of the biggest financial inclusion initiatives globally.