Pradhan Mantri Jan Dhan Yojana Launch Year
The Pradhan Mantri Jan Dhan Yojana (PMJDY) is a flagship financial inclusion initiative launched by the Government of India. Its main goal is to ensure that every citizen has access to essential financial services like banking, savings and deposit accounts, remittance, credit, insurance, and pension in an affordable manner.
Identifying the PMJDY Launch Year
The Pradhan Mantri Jan Dhan Yojana was launched on August 28, 2014. This initiative marked a significant step towards achieving comprehensive financial inclusion across the nation, providing a platform for millions of Indians to join the formal financial system.
Key Aspects of the Scheme
Launched in 2014, the PMJDY offers several benefits and features:
- Facilitates opening of bank accounts for all citizens, with a target to cover every household.
- Provides a RuPay Debit Card for all new basic bank account holders.
- Includes accident insurance cover of $ \text{Rs. } 1,00,000 $, which was later enhanced to $ \text{Rs. } 2,00,000 $.
- Offers a life cover of $ \text{Rs. } 30,000 $ for eligible accounts opened during the initial period.
- Enables access to other financial products like micro-insurance and pension schemes.
- Introduces an overdraft facility of up to $ \text{Rs. } 10,000 $ for eligible beneficiaries.
Scheme Details Overview
| Scheme | Launch Year | Primary Objective |
|---|---|---|
| Pradhan Mantri Jan Dhan Yojana (PMJDY) | 2014 | Financial Inclusion and Banking Access |
The year 2014 is therefore crucial as it signifies the commencement of this transformative scheme aimed at strengthening the financial infrastructure and empowering citizens.
Important Questions from Government Schemes
With reference to ‘stand up india scheme’, which of the following statement is/are correct?
1. Its purpose is to promote entrepreneurship among SC/ST and women entrepreneurs.
2. It provides for refinance through SIDBI.
Select the correct answer using the code given below.
'Mission Indradhanush' launched by the Government of India pertains to
Which of the following best describes/ describe the aim of 'Green India Mission' of the Government of India?
1. Incorporating environment al benefits and costs into the Union and State Budgets thereby implementing the `green accounting'
2. Launching the second green revolution to enhance agricultural output so as to ensure food security to one and all in the future
3. Restoring and enhancing forest cover and responding to climate change by a combination of adaptation and mitigation measures
Select the correct answer using the code given below.
What is/are the purpose/purposes of `District Mineral Foundations' in India?
1. Promoting mineral exploration activities in mineral-rich districts
2. Protecting the interests of the persons affected by mining operations
3. Authorizing State Governments to issue licences for mineral exploration
Select the correct answer using the code given below.
`SWAYAM', an initiative of the Government of India, aims at
