Question
Download Solution PDFPradhan Mantri Jan Dhan Yojana (PMJDY) - National Mission for Financial Inclusion completed how many years of implementation in 2022?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 8 years.
Key Points
- Pradhan Mantri Jan Dhan Yojana (PMJDY) is a financial inclusion program launched by the Indian government in August 2014.
- The objective of PMJDY is to provide access to financial services such as banking and insurance to the underprivileged sections of the society.
- The scheme also provides overdraft facilities, mobile banking, and RuPay debit cards to the account holders.
- The scheme has been successful in bringing a large number of people into the formal banking system.
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