Q. With reference to PM Jan Dhan Yojana, which of the following statements is/are correct?
Select the correct answer using the code given below:
Explanation:
Statement 1 is correct: Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, basic savings & deposit accounts, remittance, credit, insurance, pension in an affordable manner.
Statement 2 is incorrect: Accident Insurance Cover of Rs.1 lakh (enhanced to Rs. 2 lakh to new PMJDY accounts opened after 28.8.2018) is available with RuPay card issued to the PMJDY account holders.
Statement 3 is correct: An overdraft (OD) facility up to Rs. 10,000 to eligible account holders is available.