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Option 5 : 10,000

The correct answer is 10,000.
  • Pradhan Mantri Jan Dhan Yojana  (PMJDY) is a nationwide scheme.
  • It was launched by the Government of India.
  • It was established to ensure financial inclusion of every individual who does not have a bank account in India.
  • The scheme was launched on August 28, 2014.
  • The main slogan of this scheme was ‘Mera Khata – Bhagya Vidhata’ which implies " my bank account is my god."
  • Any of the documents can be helpful in opening the account under this scheme-
    • The passport
    • The driving license
    • The Permanent Account Number (PAN) Card
    • The Voter’s ID issued by the Election Commission of India
    • The Aadhar Card
  • Under PMJDY-
    • Accounts can be opened with Zero balance.
    • The account holders under this scheme can avail of a RuPay debit card which can be used across all ATMs for cash withdrawal.
    • A customer can open an account under this scheme with any bank branch or Business Correspondent (Bank Mitr) outlet.
    • The account holders can avail of an overdraft facility up to Rs 10,000.
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