The scheme that provides doorstep financial services to citizens through postmen and Gramin Dak Sevaks is known as:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. India Post Payments Bank (IPPB).
The scheme that provides doorstep financial services to citizens through postmen and Gramin Dak Sevaks is India Post Payments Bank (IPPB). Launched in 2018, IPPB uses the vast postal network to deliver banking services like cash withdrawal, deposits, money transfer, and Aadhaar-enabled payments at people’s homes, especially in rural and remote areas. With over 1.5 lakh post offices, it ensures financial inclusion by bringing banking to the unbanked.
Other options explained:
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Pradhan Mantri Jan Dhan Yojana: A financial inclusion scheme, but it does not offer doorstep service through postmen.
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Post Office Savings Scheme: Traditional savings instruments, not a doorstep financial-service model.
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Digital India Campaign: A broad digital empowerment initiative, not specifically a banking service scheme.