MPSC PYQ

Financial Inclusion

Financial Inclusion is a Economy concept from the MPSC syllabus, tested in 3 past MPSC questions (2019, 2020, 2023). Below are those real questions with their correct answers and explanations, plus the concepts worth being comfortable with first.

Real questions
3
Years tested
3 · 2019–2023
In context
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What you need to know first

Basic awareness of flagship economic schemes of 2014Chronology of 2014 central government schemesBasic awareness of Indian banking schemesDirect Benefit Transfer concept

Real questions that test this

2014 मध्ये शासनाने वित्तीय समावेशनासाठी खालीलपैकी कोणती योजना अमलात आणली ? In 2014, the Government implemented which of the following Scheme for financial inclusion ?

a)निश्चलनीकरण योजना / Demonetization Scheme
b)संपत्ती विवरण योजना / Property Disclosure Scheme
c)प्रधानमंत्री जन धन योजना / Pradhan Mantri Jan Dhan Yojana✓ Correct
d)वरीलपैकी सर्व / All of the above

Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in August 2014 by the Government of India as a massive national mission for comprehensive financial inclusion.

वित्तीय सर्वसमावेशकतेसाठी प्रधानमंत्री जन धन योजना खालीलपैकी कोणत्या दिवशी सुरु करण्यात आली ? Pradhan Mantri Jan Dhan Yojana (PMJDY) for financial inclusion was launched on which date?

1)16th May 2014
2)15th May 2014
3)28th August 2014✓ Correct
4)18th November 2014

Pradhan Mantri Jan Dhan Yojana (PMJDY), the massive financial inclusion mission, was launched nationwide by Prime Minister Narendra Modi on 28th August 2014.

प्रधानमंत्री जन धन योजना यासाठी सुरू केली गेली. Pradhan Mantri Jan Dhan Yojana (PMJDY) envisages :

(a)वित्तीय समावेशन / Financial inclusion

(b)वित्तीय साक्षरता / Financial literacy

(c)विम्याचे कवचं / Insurance cover

(d)पीक विमा / Crop insurance

1)(a) व (b) फक्त / (a) and (b) only
2)(b) व (c) फक्त / (b) and (c) only
3)(a), (b) व (c) फक्त / (a), (b) ar.d (c) only✓ Correct
4)(b), (c) व (d) फक्त / (b), (c) and (d) only

Pradhan Mantri Jan Dhan Yojana (PMJDY), launched in 2014, focuses on financial inclusion (a), promoting financial literacy (b), and providing insurance/accident cover along with overdraft facilities (c). Crop insurance is handled separately under PMFBY.

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