Under the Jan-Dhan Yojana, which of the following is transferred into the bank accounts of the account holders?
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → MNREGA (now VB-G RAM G) wages and old age pension
Jan-Dhan accounts receive government payments: wages for MNREGA work (now VB-G RAM G), old age pension and other social security payments.
Option (1) MNREGA (now VB-G RAM G) wages and old age pension — Correct. These are paid straight into the accounts.
Option (2) Minimum contributions of members of Self-Help Groups — Incorrect. These go into the SHG’s own pooled fund.
Option (3) Loans from regional rural banks for buying seeds — Incorrect. These are ordinary bank loans, not transfers.
Option (4) The Community Investment Support Fund given to SHGs — Incorrect. CISF is given to SHGs, not to individual Jan-Dhan accounts.
NCERT (2026-27): “… To improve the situation, In recent years, all the adults are encouraged to open bank accounts as a part of a scheme known as Jan-Dhan Yojana. Those bank account holders can get Rs. 1-2 lakh accidental insurance coverage and overdraft facilities for Rs. 10,000 and get their wages if they get any government-related jobs and works under MNREGA (now known as Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission [Gramin] [VB-G RAM G]); old age pension and other social security payments of the government are transferred to bank accounts. …” |