Question:medium

(a)(i) In the recent past, the Government of India has taken crucial steps, like Jan-Dhan Yojana, for efficient allocation of financial resources.
State and elaborate whether the statement is true or false, with valid arguments.

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Link financial inclusion schemes like PMJDY to resource efficiency and economic empowerment.
Updated On: Jan 13, 2026
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Solution and Explanation

Verified. The Pradhan Mantri Jan Dhan Yojana (PMJDY) ensures universal banking access for direct benefit transfers, thereby minimizing financial leakages. Streamlined subsidy distribution reduces reliance on intermediaries, enhancing economic efficiency. Financial inclusion empowers disadvantaged groups through improved access to credit and savings facilities.
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