Q. With reference to PM Jan Dhan Yojana, consider the following statements:
1. Its aim is to provide access to various financial services.
2. The scheme covers both the rural and urban areas.
3. A nominal amount of 50rupess is required to open a bank account under it.
Which of the statements given above is/are correct? 
Answer: A
Notes:
Statement 1 is correct: It was launched in 2014 to ensure universal access to financial services namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner through the use of technology.
Statement 2 is correct: The scheme covers both the urban as well as rural areas and provides an indigenous Debit Card (RuPay card) to each of its account holders.
Statement 3 is incorrect: No minimum balance is required for opening an account under this scheme. The beneficiary can open his/her account in any bank branch or Business Correspondent outlet at zero balance.
Source: PIB
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