Question
Announced on 15th August 2014, _________ is National
Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner.Solution
A key initiative towards this commitment is the Pradhan Mantri Jan Dhan Yojna (PMJDY), which is one of the biggest financial inclusion initiatives in the world. PMJDY was announced by Prime Minister, Shri Narendra Modi in his Independence Day address on 15th August 2014. Basic savings bank accounts with overdraft facility of Rs. 10,000/- to every eligible adult.
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