Which of the following best describes the core objective of the Pradhan Mantri Jan Dhan Yojana (PMJDY)?

Ensuring universal access to banking, credit, and insurance services

Providing free healthcare services to senior citizens

Promoting industrial growth in rural areas through tax incentives

Providing subsidized food grains to BPL families

The 'JAM' trinity, which has been instrumental in India's digital financial transformation, consists of which of the following?

Jan Dhan, Aadhar, and Micro-insurance

Jan Dhan, Agriculture, and Market

Jan Dhan, Ayushman, and Micro-credit

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15 August 2026

Jan Dhan Yojana anniversary

PMJDY is a flagship national policy and the foundational pillar of India's digital financial infrastructure, making it a high-probability topic for direct questions on financial inclusion, DBT, and governance.

Notes

Pradhan Mantri Jan Dhan Yojana (PMJDY) launched on August 28, 2014, to promote financial inclusion.
Core objectives: Universal access to bank accounts, RuPay debit cards, and insurance cover.
Concept of Antyodaya: Prioritizing the most deprived in the distribution of development benefits.
PMJDY serves as the foundational layer of the JAM (Jan Dhan-Aadhaar-Mobile) trinity, enabling Direct Benefit Transfer (DBT).
Performance metrics: Over 58 crore accounts opened by July 2026, with deposits totaling ₹3 lakh crore.
Demographic reach: Over 50% of accounts held by women; approximately 75% located in rural and semi-urban areas.
Integration with Digital Public Infrastructure (DPI): PMJDY accounts are linked to the broader digital financial ecosystem, including UPI.
Social impact: Provided formal financial identity to marginalized sections, reducing systemic pilferage in government welfare delivery.

Questions

Analyze the role of the JAM trinity in enhancing the efficiency of social welfare delivery and reducing systemic leakages in India. 150 words

Attempt this — 150 words in 8 min

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Financial inclusion is a prerequisite for achieving inclusive growth and economic liberty. Discuss how schemes like PMJDY have transformed the formal financial landscape for the marginalized sections of society. 250 words

Attempt this — 250 words in 11 min

0 / 250 words 11:00

Prelims

Which of the following best describes the core objective of the Pradhan Mantri Jan Dhan Yojana (PMJDY)?

The 'JAM' trinity, which has been instrumental in India's digital financial transformation, consists of which of the following?

Syllabus

Topics

Sources

Financial democracy, the Jan Dhan transformation

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