Multiple choice

The main objective of the newly announced ‘Pradhan Mantri Jan Dhan Yojna’ is to provide

  1. a bank account to every poor in the country

  2. interest-free loan to small farmers

  3. financial assistance to tribal communities

  4. medical facilities to minor people

  5. None of these
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A Correct answer
Explanation

Prime Minister Narendra Modi has announced a new financial scheme “Pradhan Mantri Jan Dhan Yojana" to help the poor open bank accounts, which will come bundled with a debit card and life insurance cover. The scheme aims to provide a bank account to every poor in the country, and the account holder will be provided a debit card and a life insurance cover of Rs. 1 lakh.

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