New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    JAM Trinity has played a significant role in the process

    of inclusive development in our country. Which of the following correctly describes JAM Trinity?
    A A program for street vendors Correct Answer Incorrect Answer
    B A program for digital identity creation Correct Answer Incorrect Answer
    C A program for financial inclusion Correct Answer Incorrect Answer
    D A program for railways upgradation Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The dedicated programs for road connectivity (Bharatmala), port infrastructure (Sagarmala), electrification, railways upgradation, and operationalising new airports/ air routes (UDAN) have significantly improved the physical infrastructure in the last few years. The NIP was launched with 6,835 infrastructure projects with a projected infrastructure investment of ₹111 lakh crore. This has expanded to over 9,000 projects across 35 sub-sectors and covers economic and social infrastructure projects jointly funded by the Central Government, State Governments, and the private sector. Based on the pillars of a digital identity Aadhar, linking bank accounts with PM-Jan Dhan Yojana, and the penetration of mobile phones (JAM Trinity), the country has witnessed significant progress in financial inclusion in recent years. The population covered with bank accounts increased from 53 per cent in 2015-16 to 78 per cent in 2019-21 (as per NFHS).

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