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  1. Which of the following is not a component of Pradhan Mantri Jan-Dhan Yojana (PMJDY)
    1. Interest on deposit and no minimum balance required
    2. Accidental insurance cover of Rs.1.00 lakh and life insurance cover of Rs. 30,000/-
    3. Easy Transfer of money across India and access to Pension, insurance products
    4. No overdraft facility
Correct Option: D

After satisfactory operation of the account for 6 months,an overdraft facility of upto Rs.5000/- is available in only one account per household, preferably lady of the household.


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