PMJDY deposits exceed INR 25,000 crore with balances in 60% of accounts
Q. Which of the following statements are true about Pradhan Mantri Jan Dhan Yojana?- Published on 19 Oct 15a. Deposits in account now exceed INR 25,000 crore
b. Accounts having balances in them are now greater than 60%
c. Both a and b
d. Neither a nor b
ANSWER: Both a and b
A fresh milestone has been attained under Pradhan Mantri Jan Dhan Yojana with deposits in accounts now going beyond INR 25,000 crore and accounts having balances in them now exceeding 60%. The deposits opened under PMJDY are low cost. Accounts which can be opened under PMJDY namely Basic Savings Bank Deposit Account which can be attained with zero balance. On 7th October 2015, the deposits collected were pegged at INR 25146.97 crore. Zero balance accounts have fallen to less than 40%.
