UPSC CSE Prelims
Question 56
'Pradhan Mantri Jan-Dhan Yojana' has been launched for
View correct answer and explanation
Correct answer: C
Correct Option: C
Explanation: Pradhan Mantri Jan-Dhan Yojana, launched in 2014, promotes broad access to formal banking, basic accounts and related financial services.
Option-wise Analysis:
A: Incorrect - Affordable housing loans are not the central objective of PMJDY.
B: Incorrect - Women’s SHG promotion is a separate financial and livelihood policy field.
C: Correct - PMJDY’s central purpose is financial inclusion and bank-account access.
D: Incorrect - Targeted cash assistance may use bank accounts, but is not the scheme’s primary stated objective.