Jan Dhan Yojana
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Question (English)
Under Jan Dhan Yojana, bank account holders can get accidental insurance coverage of:
- Rs. 50,000
- Rs. 1-2 lakh ✓ Correct
- Rs. 5 lakh
- Rs. 10 lakh
Explanation:
Correct Answer Explanation
Under Jan Dhan Yojana, bank account holders can get Rs. 1-2 lakh accidental insurance coverage and overdraft facilities for Rs. 10,000.
Key Points:
- Jan Dhan Yojana encourages all adults to open bank accounts.
- Account holders can receive wages under MNREGA, old age pension and other social security payments.
- No minimum bank balance is required.
- More than 50 crore people opened bank accounts under this scheme.
- Banks mobilised more than Rs. 2,00,000 crores through these accounts.
Why Other Options Are Wrong
- A, C, D: The correct insurance coverage under Jan Dhan Yojana is Rs. 1-2 lakh.
📚 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.
