As the Pradhan Mantri Jan Dhan Yojana (PMJDY) completed 10 years in August 2024, which ministry oversees its implementation?
Show answer & explanation
Correct answer: A
Explanation
- The Pradhan Mantri Jan Dhan Yojana was launched in August 2014.
- Its objective is to connect all citizens of the country with banking services.
- Under this scheme, the facility to open bank accounts with a zero balance was provided.
- Along with this, facilities such as RuPay cards, insurance, and overdrafts were also offered.
- In August 2024, this scheme completed 10 years.
- The responsibility for the implementation of this scheme lies with the Ministry of Finance.