Financial Inclusion Schemes

intermediate22 min read

The government schemes that run on the banking system: PMJDY and the Basic Savings Bank Deposit Account, the JAM trinity behind Direct Benefit Transfer, the PMJJBY, PMSBY and APY social-security schemes, and the business-correspondent model for last-mile delivery.

What you will be able to do

Explain what financial inclusion means and how PMJDY and the BSBDA support it.
Expand the JAM trinity and describe how it enables Direct Benefit Transfer.
Compare PMJJBY, PMSBY and APY by what they protect against, benefit and eligible age.
Describe the business-correspondent model and how inclusion progress is measured.

What is inside this lesson

1What financial inclusion means
2PMJDY and the BSBDA
3The JAM trinity and DBT
4PMJJBY, PMSBY and APY
5PMJJBY, PMSBY and APY at a glance
6Last-mile delivery
7Common confusions
8Quick revision
9Practice

The lesson itself is for members

Reading the 9 sections above, the worked examples and the practice set is free — the whole knowledge base is on the free plan, along with flashcards, private notes and Ask Onely.

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