Funds Mobilised Through Jan Dhan Accounts

Question

Banks mobilised more than how much through Jan Dhan Yojana accounts?

Select an answer

Banks mobilised more than how much through Jan Dhan Yojana accounts?

  1. Rs. 50,000 crores
  2. Rs. 1,00,000 crores
  3. Rs. 2,00,000 crores — Correct Answer
  4. Rs. 5,00,000 crores
Explanation:
Correct Answer Explanation

Banks could mobilise funds of more than Rs. 2,00,000 crores through Jan Dhan Yojana accounts.

Key Points:
  • Over 50 crore people opened accounts.
  • It promoted thrift habit and efficient allocation of financial resources in rural areas.
  • Government payments like MNREGA wages and pensions are transferred through these accounts.
Why Other Options Are Wrong
  • A, B, D: The correct figure is more than Rs. 2,00,000 crores.

📚 About this Topic — CH-5: RURAL DEVELOPMENT

This multiple choice question is from CH-5: RURAL DEVELOPMENT, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-5: RURAL DEVELOPMENT to strengthen your preparation.

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