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Pradhan Mantri Jan Dhan Yojana (PMJDY) - National Mission for Financial Inclusion completed how many years of implementation in 2022?
Question

Pradhan Mantri Jan Dhan Yojana (PMJDY) - National Mission for Financial Inclusion completed how many years of implementation in 2022?

A.

6 years

B.

9 years

C.

8 years

D.

4 years

Correct option is C

The correct answer is (c) 8 years.
 Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched on 28th August 2014.
 PMJDY comes under the Department of Financial Services, Ministry of Finance, Government of India.
 It is a National Mission for Financial Inclusion aimed at ensuring access to financial services such as banking/savings & deposit accounts, remittance, credit, insurance, and pension in an affordable manner.
 By 2022, PMJDY had completed 8 years of implementation.
Provisions and Benefits:
 Each account holder gets a RuPay debit card.
 Accidental insurance cover of Rs. 1 lakh (increased to Rs. 2 lakhs for new PMJDY accounts opened after 28th August 2018).
 Overdraft facility up to Rs. 10,000 is available for one account per household, preferably the lady of the house.
 Direct Benefit Transfer (DBT) of subsidies and other financial assistance to beneficiaries' accounts.
 Access to pension schemes like Atal Pension Yojana and insurance schemes like Pradhan Mantri Suraksha Bima Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana.

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