Jan Dhan Yojana is a zero balance account scheme, so statement (C) about needing a minimum balance is incorrect. The scheme also permits overdraft facility (up to a specified limit) to account holders, so statement (D) denying overdraft is also incorrect. Hence (C) and (D) only are incorrect.
Government has announced the scheme of 'Jan Dhan Yojana' to encourage adults to open bank accounts. Which of the following is incorrect about the…
CUET UG 2022 — Economics Indian Economic Development
Government has announced the scheme of 'Jan Dhan Yojana' to encourage adults to open bank accounts. Which of the following is incorrect about the scheme ?
(A) The account holders get an accidental insurance coverage.
(B) Wages, social security payments and old age pension directly get transferred to bank accounts.
(C) There is a need to keep a minimum bank balance.
(D) The account does not allow overdraft facilities.
(E) This scheme promotes thrift habit.
Choose the correct answer from the options given below :
Verified 13 Jul 2026.
Options
- A
(B) and (C) only
- B
(A) and (E) only
- C
(C) and (D) only
- D
(A) and (D) only
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