Jan Dhan Yojana and Financial Literacy in India

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10 Questions

What is the primary purpose of the Jan Dhan Yojana initiative?

To enable financial inclusion and access to banking services

Which of the following is NOT one of the recent initiatives towards improving financial literacy in India?

Introduction of the e-RUPI digital payment instrument

What is the primary purpose of the e-RUPI digital payment instrument?

To enable contactless and cashless payments

Which of the following statements about India Stack is NOT true?

It provides financial literacy education across India

Which of the following initiatives is being adopted for cashless payments for Covid-19 vaccination?

e-RUPI

What is the primary focus of Wealthtech?

Enhancing the wealth management and retail investment process

Which of the following statements about crowdfunding is true?

Crowdfunding is a subset of crowdsourcing focused on financial resources

What is driving the evolution of investment management in the fintech industry?

The demand for personalized customer experiences and tailored advice

Which of the following is NOT considered a major field or area in fintech?

Cloud computing and data storage

What is the primary purpose of digital lending in the fintech industry?

To offer alternative financing options for businesses and individuals

Explore the world's largest financial inclusion initiative, Jan Dhan Yojana, and recent initiatives for improving financial literacy in India. Learn about the impact on new bank account enrollments, benefits transfer, and accessibility to financial services applications.

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