Pradhan Mantri Jan Dhan Yojana primarily aims at: MCQ with Answer and Explanation

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Pradhan Mantri Jan Dhan Yojana primarily aims at:

A. universal financial inclusion with bank accounts and RuPay cards

B. providing pensions to all

C. building infrastructure

D. providing crop insurance

Answer: Option A

Solution (By JKSSB Mock Tests)

PMJDY aims at financial inclusion by providing bank accounts, RuPay cards, overdraft and insurance.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Rupay Kisan Card' is a:

A. debit card for farmers

B. forex card

C. gift card

D. credit card

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Correct Answer: Option A

Explanation:
Rupay Kisan Card is a debit card for farmers.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Public Financial Management System' is used for:

A. bank lending

B. foreign exchange trading

C. stock trading

D. digital management of government expenditures and payments

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Correct Answer: Option D

Explanation:
PFMS is a digital platform for government expenditure and payment management.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on digital advertising is:

A. 12%

B. 18%

C. 28%

D. 5%

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Correct Answer: Option B

Explanation:
Digital advertising services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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