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Who initiated the Pradhan Mantri Jan Dhan Yojana (PMJDY)?
Question

Who initiated the Pradhan Mantri Jan Dhan Yojana (PMJDY)?

A.

Narendra Modi


B.

Manmohan Singh


C.

Rajiv Gandhi

D.

Atal Bihari Vajpayee

Correct option is A

The correct answer is (A) Narendra Modi.

Explanation:
PMJDY was launched by Narendra Modi on August 28, 2014.

Information booster:

  • Pradhan Mantri Jan Dhan Yojana (PMJDY):
    • Launched on August 28, 2014.
    • Ministry: Ministry of Finance, Government of India
    • Minister: Nirmala Sitharaman
    • Aimed at providing banking facilities to the unbanked and promoting financial inclusion.
    • Offers features like overdraft, insurance, and pension schemes.

Incorrect options explanations:

  • Manmohan Singh: Prime Minister before Narendra Modi, did not launch PMJDY.
  • Rajiv Gandhi: Prime Minister long before PMJDY.
  • Atal Bihari Vajpayee: Prime Minister before Modi, did not launch PMJDY.

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