| Consider the following statements regarding Pradhan Mantri Jana Dhana Yojana. |
| 1. Under this scheme zero-balance accounts with cheque book will be opened. |
| 2. All bank accounts opened under this scheme will be linked to a debit card |
| 3. Account opened under this scheme provides accident insurance cover of Rs.1 lakh to entire fan account holder. |
| 4. Madhya Pradesh is the first state to cover all unbanked households under the Pradhan Mantri. Dhana Yojana. |
| Which of the statements given above are correct? |
A) 1, 2 and 4
B) 2, 3 and 4
C) 2 and 3
D) None of these
Correct Answer: C
Solution :
[c] Under PMJDY zero-balance accounts of unbanked individuals will be opened. If, anyone wants cheque book he has to pay certain amount. Also all bank accounts opened under this scheme will be linked to a Rupay debit card. There is provision of accident insurance cover of Rs.1 lakh to entire family of account holder. Kerala is the first state to cover all unbanked households under PMJDY. Madhya Pradesh is second state, who achieved this success.
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