Name the scheme which was announced in August 2014 to ensure comprehensive financial inclusion of all the households in the country by providing universal access to banking facilities with at least one basic bank account to every household, financial literacy, access to credit, insurance and pension facility?

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Pradhan Mantri Vaya Vandana Yojana
B	Pradhan Mantri Mudra Yojana
C	Pradhan Mantri Jan Dhan Yojana
D	Pradhan Mantri Suraksha Bima Yojana

Explanation:

Detailed explanation-1: -Hon’ble Prime Minister announced Pradhan Mantri Jan Dhan Yojana as the National Mission on Financial Inclusion in his Independence Day address on 15th August 2014, to ensure comprehensive financial inclusion of all the households in the country by providing universal access to banking facilities.

Detailed explanation-2: -Let us take a list of the financial inclusion schemes in the country: Pradhan Mantri Jan Dhan Yojana (PMJDY) Atal Pension Yojana (APY) Pradhan Mantri Vaya Vandana Yojana (PMVVY)

Detailed explanation-3: -The Correct answer is PMJDY. PMJDY: Stands for Pradhan Mantri Jan Dhan Yojna. It is a National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner.

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