Which of the following is not a feature of Pradhan Mantri Jan Dhan Yojana ........

Finance Financial Inclusion

Which of the following is not a feature of Pradhan Mantri Jan Dhan Yojana?

Providing universal access to banking facilities.

Providing Basic Banking Accounts with overdraft facility of Rs.5000 after six months and RuPay Debit card with inbuilt accident insurance cover of Rs. 1 lakh and RuPay Kisan Card

Financial Literacy Programme

Issuance of credit cards.

Explanation:

The PMJDY has been conceived as a national mission on financial inclusion with the objective of covering all households in the country with banking facilities and having a bank account for each household. Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society.
Phase I (15th August ,2014-14th August,2015)-

• Universal access to banking facilities
• Providing Basic Banking Accounts with overdraft facility of Rs.5000 after six months and RuPay Debit card with inbuilt accident insurance cover of Rs. 1 lakh and RuPay Kisan Card.
• Financial Literacy Programme
Phase II (15th August 2015-15th August,2018)-
• Creation of Credit Guarantee Fund for coverage of defaults in overdraft A/Cs
• Micro Insurance
• Unorganized sector Pension schemes like Swavlamban