Consider the following regarding 39 Pradhan Mantri Jan Dhan Yojana 39 1 It is a finan...........

Economic Affairs Financial Inclusion

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Consider the following regarding 'Pradhan Mantri Jan Dhan Yojana'

1) It is a financial inclusion scheme

2) It is being run by Department of Financial Services, Ministry of Finance.

3) Both public as well as private banks can open accounts under the scheme.

Which of the given above statement (s) is/ are correct?

1 and 2

1 and 3

2 and 3

1, 2 and 3

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Explanation:

All the statements are correct.

Pradhan Mantri Jan Dhan Yojana (PMJDY), one of the biggest financial inclusion initiatives in the world, was announced by Prime Minister, Shri Narendra Modi on 15th August 2014 from the ramparts of the Red Fort. While launching the programme on 28th August, the Prime Minister had described the occasion as a festival to celebrate the liberation of the poor from a vicious cycle.