Question

What is the primary objective of the Pradhan Mantri Jan Dhan Yojana (PMJDY) concerning inclusive development?

• A. Promote entrepreneurship
• B. Ensure financial inclusion for the underbanked
• C. Boost foreign direct investment (FDI)
• D. Promote agricultural subsidies

Answer 1

Answer:

B. Ensure financial inclusion for the underbanked

PMJDY aims to provide affordable access to financial services, including banking, credit, and insurance, especially to low-income groups, promoting inclusive financial growth.