News/current affairs important and relevant for General Knowledge and Current Affairs section asked in CLAT.

Jan Dhan Yojana

Jan Dhan Yojana

 

PM on Thursday launched one of the biggest financial inclusion programmes calling for an end to “ financial untouchability ”  and urged banks to connect every person across the country.

The Jan Dhan Yojana, the massive financial inclusion drive, aims to open 7.5 crore bank accounts and provide banking facility to the vast segment of the population which still remains cut off from the financial system. Under the scheme, a person opening an account will get a Rupay debit card, a Rs 1 lakh accident insurance policy as well as a Rs 30,000 life insurance cover.

 

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The above write-up is contributed by The Knowledge Tree, Patna’s premier coaching institute for CLAT and other Law entrance exams like AILET, SET, LSAT etc.

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