Pradhan Mantri Jan Dhan Yojana (PMJDY) related Practice MCQs

1. 'Pradhan Mantri Jan Dhan Yojana' (PMJDY) launched by Prime Minister of India on 28 August 2014. The theme of the scheme is ....
1) Bringing more people under financial inclusion
2) Providing cash subsidy to farmers
3) Creating awareness about the value of money encouraging people to buy gold
4) Providing cash to people to participate in Mutual Funds market
5) None of above

2. What is the tag line of 'Pradhan Mantri Jan Dhan Yojana'?
1) Hamara Khatha Hamara Swabhiman
2) Khatha Kholo, Paisa Bachao
3) Mera Khatha Bhagya Vidhata
4) Hamara Khatha Bhagya Vidhata
5) Sab ka Khata Sab ka Vikas

3. 'Pradhan Mantri Jan Dhan Yojana' (PMJDY) is the dream project of the central Government provides ......
1) At least one bank account to every house hold
2) Bank account with locker facility to keep the valuables of people
3) One bank account to every house hold and ask the bank to enroll the minor names to open the account in future
4) None of above
5) All of above

4. How many crore people cover under Jan Dhan Yojana by January 26, 2015?
1) 1.5 crore
2) 4.5 crore
3) 7.5 crore
4) 90 lakh
5) 10.50 crore

5. How many no frill accounts opened under PMJDY on the day of launch?
1) 2.5 crore
2) 4.5 crore
3) 1.5 crore
4) 3.5 crore
5) None

6. Under PMJDY, every account holder will get a .......
1) RuPay debit card
2) Visa International debit card
3) Master Card debit card
4) EVM debit card
5) All of above

7. Issuing of KCC as RuPay Kisan Card also proposed under PMJDY. KCC stands for ......
1) Kisan Core Card
2) Kisan Call Card
3) Kisan Combo Card
4) Kisan Credit Card
5) None

8. The account holder under Jan Dhan Yojana, get how much life insurance cover, if the account open before 26 January, 2015?
1) Rs.5,000
2) Rs.10,000
3) Rs.80,000
4) Rs.70,000
5) Rs.30,000

9. After six months of satisfactory operations, the account holder would be eligible ...... overdraft facility under PMJDY.
1) Rs.5,000
2) Rs.15,000
3) Rs.25,000
4) Rs.35,000
5) None

10. While speaking on the occasion of launching of Jan Dhan Yojana, PM said .......
1) To eradicate poverty we have to get rid of financial untouchability.
2) Financial stability break the vicious cycle of poverty.
3) Once bank accounts open, the people connected with the economic system.
4) None of the above
5) All of above

11. Account given under Jan Dhan Yojana, also cover accidental insurance of up to ........
1) Rs.1 lakh
2) Rs.2 lakhs
3) Rs.5 lakhs
4) Rs.3 lakhs
5) None

12. In order to make the programme PMJDY successful, at least 50000 Business Correspondents, more than 7000 branches and more than how many new ATMs will be established?
1) 10000
2) 200000
3) 45000
4) 20000
5) 75000

13. The earlier schemes of financial inclusion focussed on villages. The present PMJDY focus on .......
1) Employees
2) House wives
3) Rural youth
4) Urban slum dwellers
5) House holds

14. Under Phase I under PMJDY Universal access to banking, cover all house holds with at least one Basic Banking Account with RuPay debit card, providing insurance cover, linking DBT (Direct Benefit Transfer) Scheme provided. Phase I runs between .......
1) 15 August, 2014 to 14 August, 2015
2) 15 August, 2014 to 31 March, 2015
3) 15 August, 2014 to 31 August, 2015
4) 1 August, 2014 to 1 August, 2015
5) None

15. The Phase II of PMJDY (15th August, 2015 to 14th August, 2018) covers .......
1) Providing micro-insurance.
2) Unorganised sector Pension schemes like Swavalambana through the Business Correspondents.
3) All basic savings accounts opened will be shifted to PMJDY accounts.
4) Facility to buy immovable property through PMJDY accounts.
5) 1 & 2 only


ANSWERS:
1-1, 2-3, 3-1, 4-3, 5-3, 6-1, 7-4, 8-5, 9-1, 10-5
11-1,  12-4, 13-5, 14-1, 15-5,