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.