Indian polity and Governance - GS questions based on daily current affairs for Q. 12222

Q.  JAM Trinity was mentioned in economic survey in which J stands for Jan Dhan Yojana, A for Aadhaar card and M for -
- Published on 28 Sep 15

a. Mobilization
b. Make in India
c. Mobile phone number
d. Management

ANSWER: Mobile phone number
 
- JAM number trinity refers to Jan Dhan Yojana bank account number, Aadhaar number (a unique number to identify every resident with biometric details) and Mobile phone number, respectively.
- The application process for a bank account under the Jan Dhan Yojana places priority on Aadhaar number as identity proof.
- Aadhaar enrollment requires the applicant to produce his/ her mobile number.
- Once the linking is complete, every poor person can be uniquely identified by his/ her Aadhaar number, the cash can be sent to the linked bank account and the account holder can either withdraw the money from the bank or use his/ her mobile phone to collect the cash from designated agents such as village retail shops.

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