Under which scheme, an overdraft (OD) facility up to Rs. 10,000 is available to eligible account holders?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Pradhan Mantri Jan-Dhan Yojana.
- Pradhan Mantri Jan-Dhan Yojana (PMJDY) customers are entitled to overdraft (OD) or credit facility up to Rs 10,000 in this zero-balance account.
- Pradhan Mantri Jan-Dhan Yojana was launched by Prime Minister Narendra Modi on 28 August 2014 across the country.