Given below are two statements: Assertion (A): Pradhan Mantri Jan Dhan Yojana (PMJDY) is a flagship financial inclusion programme of the Government of India. Reason (R): PMJDY enables the poor to access banking services, accident insurance of ₹2 lakh and pension benefits through zero-balance accounts linked to Aadhaar. Choose the correct answer:

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Economics · Financial Inclusion Programs

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Both A and R are true, but R is NOT the correct explanation of A

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Answer 1

Both A and R are true, and R is the correct explanation of A

Answer 2

Both A and R are true, but R is NOT the correct explanation of A

Answer 3

A is true but R is false

Answer 4

A is false but R is true

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