'Pradhan Mantri Jan-Dhan Yojana' has been launched for
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UPSC Civil Services preparation
- Aproviding housing loan to poor people at cheaper interest rates
- Bpromoting women's Self-Help Groups in backward areas
- Cpromoting financial inclusion in the countryCorrect
- Dproviding financial help to the marginalized communities
Explanation
The 'Pradhan Mantri Jan-Dhan Yojana' (PMJDY) was launched on August 28, 2014, with the primary objective of ensuring access to financial services, namely, banking/savings & deposit accounts, remittance, credit, insurance, and pension in an affordable manner. Its core aim is to achieve comprehensive financial inclusion for all households across the country, especially those in rural and unbanked areas, by providing them with a basic bank account. Therefore, promoting financial inclusion in the country is the direct and overarching purpose of the scheme.
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