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RAS question

The 'Pradhan Mantri Jan Dhan Yojana (PMJDY)' was launched in which year?

Correct answer: (B) 2014.

Pradhan Mantri Jan Dhan Yojana was launched on 28 August 2014 for financial inclusion through bank-account access across India.

  1. (A)

    2016

  2. (B)

    2014

  3. (C)

    2015

  4. (D)

    2013

Explanation

Pradhan Mantri Jan Dhan Yojana was launched on 28 August 2014, so the year asked in the MCQ is 2014. The official PMJDY information note says the Prime Minister launched the scheme on that date across the country for opening bank accounts. This fits the financial-inclusion purpose stated in the explanation: PMJDY gives access to zero-balance bank accounts, a RuPay debit card, overdraft facility and RuPay accident cover. The accident cover was later increased to Rs 2 lakh for PMJDY accounts opened after 28 August 2018, but that later change does not alter the launch year. For RAS, the key is to separate the original launch date from later feature updates.

Why the other options are wrong

  • (A) 2016 is after the official launch date of 28 August 2014, so it confuses later implementation years with the start of the scheme.
  • (C) 2015 is one year after PMJDY had already been launched across the country for opening bank accounts.
  • (D) 2013 is too early, because the official PMJDY note places the launch on 28 August 2014.

Concept

This tests welfare-scheme chronology under Indian Economy, especially financial inclusion. RAS repeatedly asks launch years because later benefit revisions can make otherwise simple scheme facts easy to mix up.

Source

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