Question

Select the odd pair:

Options

• PMJDY - Access to financial services

• Minimum Balance - Rupees 1,500 INR

• Accidental Insurance Cover - Rupees One Lakh

• Rate of interest per annum - 4%

Answer 1

Minimum Balance - Rupees 1,500 INR

Explanation:

Because Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are fundamentally zero-balance accounts. There is no requirement to maintain a minimum balance of INR 1,500, as the scheme was designed to help poor citizens open bank accounts at no cost. All other pairs are correctly matched to the scheme’s official benefits, insurance covers, and standard savings interest rates.