Ministry of Finance will deposit 1000 in each Pradhan Mantri Jan Dhan Yojana (PMJDY) account held by women in how many installments to provide help and support to the people amid the lockdown due to the COVID-19 outbreak?

2020

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

A	2
B	3
C	4
D	1

Explanation:

Detailed explanation-1: -Government to deposit Rs 1, 000 in women PMJDY accounts in two instalments.

Detailed explanation-2: -This life insurance cover of Rs. 30, 000/- under Pradhan Mantri Jan DhanYojana, gives life insurance cover on death of the life assured, due to any reason, to the deceased’s family. The scheme aims to provide security to families from economically weaker sections who cannot afford direct purchase of such insurance.

Detailed explanation-3: -The maximum balance must not exceed Rs 50, 000 at any time.

Detailed explanation-4: -Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, a basic savings & deposit accounts, remittance, credit, insurance, pension in an affordable manner.

There is 1 question to complete.