INTEGRATED MAINS AND PRELIMS MENTORSHIP (IMPM) KEY (29/08/2025)

INTEGRATED MAINS AND PRELIMS MENTORSHIP (IMPM) 2025 Daily KEY

 
 
 
 
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Tariff Wars and Dwarf Planets and its significance for the UPSC Exam? Why are topics like Cloudbursts ,  PM SVANidhi, Money Bill, 2+2 Dialogue important for both preliminary and main exams? Discover more insights in the UPSC Exam Notes for August 29, 2025

 
 
 
For Preliminary Examination:  Current events of national and international Significance
 
For Mains Examination: GS II & III - International relations & Economy
 
Context:
 
The 50% tariffs imposed by the U.S. on imports from India came into effect on August 27, sending ripples through the Indian economy and the government. Several sectors, many of them labour-intensive, have the U.S. as a major export destination, and many are already seeing a significant dip in demand. The government is cognisant of this and is devising a plan to support these sectors, at least in the short term.
 
Read about:
 
What are Tariffs?
 
What are reciprocal tariffs?
 
Key takeaways:
 
 

The United States’ decision to levy 50% tariffs on Indian imports came into effect on August 27, creating significant concerns for both the Indian economy and government. Several industries — many of them labour-intensive and heavily dependent on the U.S. as a key export market — are already witnessing a slowdown in demand. Recognising this, the government is working on short-term support measures for affected sectors.

The severity of the tariff impact can be assessed by considering three factors together:

  1. The absolute value of exports to the U.S.,

  2. The share of the U.S. in a sector’s total global exports, and

  3. The final tariff rate applicable.

If all three indicators are high, the sector faces greater stress; conversely, if the U.S. market accounts for only a small share of total exports, the disruption is limited.

Sectors facing heavy impact

  • Shrimp: India exported shrimp worth $2.4 billion to the U.S. in 2024–25, which was 32.4% of its global exports. Earlier, Indian shrimp faced a 10% tariff, but with the new hike, the effective rate stands at 60%. Shrimp prices in Andhra Pradesh, the main producing state, have already fallen by 20% after the earlier August 7 tariff of 25%, and are expected to decline further.

  • Gems and Jewellery: Exports of diamonds, gold, and jewellery to the U.S. were $10 billion (40% of sectoral exports). Tariffs have jumped from 2.1% to 52.1%, leading to production cuts in hubs like Surat, where the diamond-polishing industry employs about 1.2 million workers.

  • Textiles and Apparel: Valued at $10.8 billion, with apparel alone at $5.4 billion, India’s textile exports to the U.S. are highly vulnerable since the U.S. accounts for 35% of India’s apparel exports. Tariffs have soared from 13.9% to 63.9%. Reports suggest exporters in Tiruppur, Noida-Gurugram, Ludhiana, and Bengaluru are facing severe strain — from shipment rushes and frozen expansions to job cuts.

  • Carpets: With $1.2 billion exports to the U.S. (58.6% of global carpet exports), tariffs have risen from 2.9% to 52.9%, hitting weavers and artisans hard.

  • Other affected industries include handicrafts, footwear, furniture, and farm goods like basmati rice, tea, spices, pulses, and sesame.

Sectors moderately impacted

  • Organic Chemicals: Exports worth $2.7 billion to the U.S. (13.2% of total exports) now face a 54% tariff (up from 4%). Industry bodies such as CHEMEXCIL have already sought government intervention.

  • Metals (Steel, Aluminium, Copper): Exports of $4.7 billion (17% of total Indian metal exports) are at risk. While the U.S. is not the biggest market, it is critical for SMEs in Delhi-NCR’s engineering hubs and eastern foundries. Tariffs could severely affect jobs in stainless steel, aluminium casting, and copper processing.

  • Machinery and Mechanical Appliances: Exports stood at $6.7 billion (20% of sectoral exports). This segment too is expected to experience weaker U.S. demand due to higher tariffs

 
Follow Up Question
 
 
1.What are the key areas of reform if the WTO has to survive in the present context of ‘Trade War’, especially keeping in mind the interest of India? (UPSC CSE 2018)
 
 
 
For Preliminary Examination:  Current events of national and international Significance
 
For Mains Examination: GS III - Science and technology
 
Context:
 
 A team of scientists has discovered an extremely rare quadruple star system in the Milky Way, according to a new study. The system — known as UPM J1040−3551 AabBab — consists of a pair of cold brown dwarfs orbiting a pair of young red dwarf stars, a configuration never seen before, the analysis said.
 
Read about:
 
What are dwarf stars?
 
 What do you understand about dark matter?
 
 
Key takeaways:
 

Life of Stars

  • Though stars appear to shine eternally, they too have lifetimes determined by their mass and internal processes. Some endure for billions of years, while others exist for much shorter spans.
  • The survival of a star depends on a balance between two opposing forces: the inward pull of gravity and the outward push generated by nuclear fusion at its core.
  • As hydrogen around the core ignites in a thin shell, energy from this “shell burning” pushes the star’s outer layers outward. This causes the star to expand into a red giant—a cooler star on the surface but far brighter and larger in size.
  • Eventually, when fusion can no longer continue, the star sheds its outer layers, creating a glowing planetary nebula. The core remains as a white dwarf—a dense, Earth-sized remnant made mostly of carbon and oxygen. Roughly 95% of stars in galaxies like the Milky Way meet this fate.
  • More massive stars, however, reach core temperatures high enough to fuse heavier elements—carbon, oxygen, silicon—until they produce iron. At this stage, the physics shifts: iron fusion consumes energy rather than releasing it.
  • With no outward pressure to resist gravity, the core collapses rapidly, forming either a neutron star or, if sufficiently massive, a black hole.
  • Some neutron stars spin extremely fast and emit bursts of high-energy radiation; these are called pulsars, flashing gamma and X-rays every few milliseconds
 

Brown Dwarfs – The “Failed Stars”

  • A study published in the Monthly Notices of the Royal Astronomical Society reported the discovery of a unique quadruple star system involving brown dwarfs.
  • Brown dwarfs are objects that form in the same way as stars—from collapsing clouds of gas and dust—but lack the mass needed to sustain continuous hydrogen fusion. Because they cannot shine like normal stars, they are often referred to as “failed stars.”
  • They share some traits with gas giants such as Jupiter and Saturn, including thick atmospheres with clouds and molecules like water vapour. Despite being star-like, they can be up to 70 times heavier than Jupiter.
  • Since they are relatively faint and cool, brown dwarfs are hard to detect directly. Astronomers often find them when they orbit brighter companion stars. Studying them in such systems is useful, because the stars and dwarfs usually formed together from the same material under similar conditions.
  • The newly discovered system contains two brown dwarfs, each about the size of Jupiter, and a pair of young red dwarfs—the most common type of stars in our galaxy. While the brown dwarfs emit almost no visible light, the red dwarfs shine much brighter, making the system easier to study.
  • Brown dwarfs are of great scientific importance: they help researchers understand the boundary between star and planet formation. Their population and distribution also provide insights into the universe’s mass balance.
  • This is especially significant given that a large portion of cosmic mass remains unseen, existing as dark matter
 
 
Follow Up Question
 

1.Consider the following pairs: (UPSC CSE 2023)

Objects in space Description
1. Cepheids Giant clouds of dust and gas in space
2. Nebulae Stars which brighten and dim periodically
3. Pulsars Neutron stars that are formed when massive stars run out of fuel and collapse

How many of the above pairs are correctly matched?

(a) Only one

(b) Only two

(c) All three

(d) None

 

Answer (a)
 
  • Cepheids are pulsating variable stars, not clouds → incorrect.

  • Nebulae are giant clouds of gas and dust, not stars that vary in brightness → incorrect.

  • Pulsars are rapidly spinning neutron stars formed after the collapse of massive stars → correct.

So, only 1 pair (Pulsars) is correctly matched

 
 
 
For Preliminary Examination:  Current events of national and international Significance
 
For Mains Examination: GS I - Geography
 
Context:
 
At least 41 people, most of them Vaishno Devi pilgrims, died in Jammu’s Reasi and Doda districts between Tuesday and Wednesday as the heaviest-ever rainfall recorded during 24 hours in Jammu province left a trail of death and devastation.
 
 
Read about:
 
What are cloudbursts?
 
Can cloudbursts be forecast?
 
 
Key takeaways:
 

What is a Cloudburst?

  • A cloudburst refers to a highly localized and intense spell of rainfall that occurs over a limited area within a short span of time. Contrary to popular belief, it does not mean that a cloud physically bursts open to release water. Instead, it is defined as an extreme form of precipitation.
  • According to the India Meteorological Department (IMD), a cloudburst is when rainfall exceeds 100 mm (10 cm) within an hour over an area of about 20–30 sq. km. Such sudden and concentrated downpours often trigger flash floods and severe damage.
  • It is important to note that while all cloudbursts involve very heavy rainfall in a short duration, not every instance of heavy rainfall qualifies as a cloudburst unless it meets the above definition

Recent Incident in J&K

  • On Tuesday afternoon, a cloudburst struck near Adhkunwari on the pilgrimage route to the shrine, leading to the death of 34 people. Earlier that day, four people lost their lives in Doda district due to heavy rainfall and flash floods.
  • J&K Lieutenant Governor Manoj Sinha, after visiting injured pilgrims in Katra, described the tragedy as a “heart-wrenching natural disaster” and assured full support to the families of the victims.

Impact on Yatra and Rainfall Records

  • There are two main routes to the shrine. The Himkoti trek route had already been closed on Tuesday morning, while the old route was open until 1:30 pm, after which authorities suspended the yatra completely for safety reasons.
  • Meanwhile, Jammu witnessed 380 mm of rainfall within 24 hours, the highest since 1910, when weather records began. The earlier record stood at 270.4 mm on September 25, 1988
 
Follow Up Question
 

1.Which of the following statements with regard to cloudburst is/are correct? (UPSC CDS 2017)

1. It is defined as sudden localized very heavy downpour with cloud thunder and lightning.

2. It mostly occurs in the hilly areas.

3. It results into very high intensity of rainfall, i.e., 250 mm-300 mm in a couple of hours.

4. It occurs only during the daytime.

Select the correct answer using the code given below.

(a) 1, 2, and 3

(b) 1, 3, and 4

(c) 2 and 3

(d) 2 only

Answer (c)
 
  1. “It is defined as sudden localized very heavy downpour with cloud thunder and lightning.”
    – Partially true: Cloudbursts are sudden and localized heavy rainfall, but thunder and lightning are not essential features in the definition. So, this is not entirely correct.

  2. “It mostly occurs in the hilly areas.”
    – Correct ✅ Cloudbursts are most common in mountainous regions (e.g., Himalayas) due to orographic lift, though they can occur elsewhere too.

  3. “It results into very high intensity of rainfall, i.e., 250 mm-300 mm in a couple of hours.”
    – Correct ✅ IMD defines a cloudburst as rainfall ≥100 mm in an hour over ~20–30 sq. km. Thus, 250–300 mm in a couple of hours also qualifies as cloudburst intensity.

  4. “It occurs only during the daytime.”
    – Incorrect ❌ Cloudbursts can occur at any time of day or night.

✅ So, the correct statements are 2 and 3.

 
 
 
For Preliminary Examination: Current events of national and international Significance
 
For Mains Examination: GS II - Government policies and interventions for development 
 
Context:
 
 The Union Cabinet Wednesday approved the restructuring of the PM SVANidhi loan scheme for street vendors, extending it till March 31, 2030 and enhancing the loan amount
 
Read about:
 
What was the objective of introducing PM SVANidhi loan scheme?
 
What are the challenges faced by the street vendors?
 
 
Key takeaways:
 

Street Vendors in India

  • India has an estimated 50–60 lakh street vendors, with the highest numbers found in cities such as Delhi, Mumbai, Kolkata, and Ahmedabad. Most of them are migrant workers, typically putting in 10–12 hours of work each day.
  • Anyone without a permanent shop falls under the category of a street vendor. Government data suggests that street vending contributes to around 14% of total non-agricultural urban informal jobs in the country

Legal Framework

  • To safeguard their rights and regulate vending in public spaces, the Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014 was enacted. The Bill was first introduced in the Lok Sabha on September 6, 2012 by Kumari Selja, then Minister of Housing and Urban Poverty Alleviation.
  • The Act defines a street vendor as a person who sells goods of daily use or provides services to the public in a public or private space, either from a temporary stall or by moving around.
  • However, implementation has remained uneven. According to NASVI (National Association of Street Vendors of India), except for a few districts in Punjab, Madhya Pradesh, and Maharashtra, town vending committees—a critical mechanism under the Act—are yet to be set up. Consequently, many vendors still operate without institutional protection

Social Dynamics

  • Street vending in the Global South is shaped by gender and caste-class hierarchies. For instance, women run the majority of street food stalls, accounting for 70–80% of them.
  • Further, a 2010 survey of street children in Delhi reported about 51,000 children living on the streets. Nearly 70% were surviving independently, of which 36% were Dalits and 17% were Adivasis

 

Government Scheme & Recent Extension


In 2020, during the COVID-19 lockdown, the government launched a lending scheme to support street vendors as part of its economic relief package.

On Wednesday, the Cabinet chaired by Prime Minister Narendra Modi extended the scheme’s lending period from December 31, 2024, to March 31, 2030, expected to cover 1.15 crore beneficiaries, including 50 lakh new vendors.

As per the revised guidelines:

  • The first loan tranche has been raised from ₹10,000 to ₹15,000.

  • The second tranche has increased from ₹20,000 to ₹25,000.

  • The third tranche remains at ₹50,000.

The scheme is to be jointly implemented by the Ministry of Housing and Urban Affairs and the Department of Financial Services, with an overall allocation of ₹7,332 crore.

By July 30, nearly 96 lakh loans worth ₹13,797 crore had been distributed to 68 lakh vendors. After clearing the first tranche, vendors can move to the second, and subsequently to the third, ensuring a gradual credit ladder.

 

Follow-Up Question

1.What rights and protections does the Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014 offer to street vendors? How effective has it been in safeguarding the interests of street vendors?

 

Money Bill

For Preliminary Examination:  Money Bill, Financial bill

For Mains Examination: GS II - Indian Polity & Governance

Context:

The Supreme Court Constitution bench hearing the reference made by President Droupadi Murmu said Tuesday that the Centre’s argument that the Governor can withhold a Bill at the very outset and that the Bill would then lapse, would mean that they can also withhold Money Bills, which cannot be done in the normal course.

 

Read about:

What is a Money Bill?

What is a Financial Bill?

 

Key takeaways:

 

Money Bills under the Constitution

  • As per Article 110, a Bill can be certified as a Money Bill only if it exclusively addresses specific financial matters. These include taxation, the financial liabilities of the Union government, the Consolidated Fund of India (comprising revenue from taxes and borrowings), the Contingency Fund (used for unforeseen expenditure), or any subject directly connected to these matters.
  • Under Article 109, a Money Bill requires approval only from the Lok Sabha. The Rajya Sabha has 14 days to examine it and may suggest changes, but the Lok Sabha is free to accept or reject these suggestions before passing it into law

 

Powers of the Governor

  • The Constitution grants Governors the authority to summon, prorogue, or dissolve a State Assembly, but this can be done only after consulting the Council of Ministers.
  • As the executive head of the state, the Governor also makes important appointments, including the Chief Minister, Council of Ministers, Advocate General, State Election Commissioner, heads of State Universities, and members of the State Public Service Commission, among others
 

Supreme Court Hearing

  • Currently, a five-judge Constitution Bench of the Supreme Court is hearing a reference made by President Droupadi Murmu, following a previous two-judge bench ruling that imposed time limits for the President and Governors to act on Bills passed by State Legislatures.
  • The Court has questioned the Centre on whether Governors can withhold a Bill indefinitely, and if so, how the rights of an elected legislature would be protected.
  • During the proceedings, the Maharashtra government argued that it is incorrect to assume that once a State Assembly passes a law, the Governor is automatically bound to give assent

Key Submissions in Court

  • Justice Narasimha noted the Centre’s position that a Governor could withhold assent without returning the Bill, which would result in the Bill lapsing.

  • Solicitor General Tushar Mehta, representing the Centre, cited Article 207, which deals with financial Bills. He explained that since a Money Bill can only be introduced with the Governor’s prior approval, there is no question of the Governor later withholding assent.

  • Senior Advocate Harish Salve, however, pointed out that if the legislature alters the content of the Money Bill from what the Governor had originally recommended, then the Governor may still choose to withhold assent

 
Follow Up Question
 

1.Regarding Money Bill, which of the following statements is not correct? (UPSC CSE 2018)

(a) A bill shall be deemed to be a Money Bill if it contains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.

(b) A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.

(c) A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India.

(d) A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of India.

Answer (c)
 

Let’s check each option against Article 110 of the Constitution (definition of a Money Bill):

  1. (a) ✅ Correct – A Bill is deemed a Money Bill if it contains only provisions relating to taxation (imposition, abolition, remission, alteration, or regulation of any tax).

  2. (b) ✅ Correct – A Money Bill can include provisions regarding the custody of the Consolidated Fund of India or the Contingency Fund of India.

  3. (c) ❌ Not Correct – A Money Bill deals with appropriation from the Consolidated Fund of India, not from the Contingency Fund. The Contingency Fund is placed at the disposal of the President to meet unforeseen expenditure, and withdrawals are later recouped through a Money Bill.

  4. (d) ✅ Correct – Regulation of government borrowing or giving of guarantees also falls within the scope of a Money Bill

 
 
 
For Preliminary Examination: Current events of national and international Significance
 
For Mains Examination: GS II -  Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests
 
Context:
 
 Amid the strain in ties over New Delhi’s import of Russian oil, and even as the United States has issued a notification to implement the penalty tariffs on India effective from Wednesday, the two countries discussed energy security and increasing defence cooperation under the India-US 2+2 Dialogue framework. 
 
Read about:
 
What is the 2+2 Dialogue framework?
 
2+2 Dialogue between India and the US-Know the Background
 
Key takeaways:
 
 
What is the 2+2 Dialogue?

The 2+2 ministerial dialogue refers to a meeting format where the foreign and defence ministers of India and its partner countries engage in discussions on strategic and security issues. This framework allows both sides to better understand each other’s priorities and sensitivities, while considering political contexts, to deepen cooperation and strengthen their strategic partnership in a rapidly evolving global landscape
 

India’s 2+2 Partners


India conducts such dialogues with four major partners — the United States, Australia, Japan, and Russia. Except for Russia, the other three are also India’s partners in the Quad grouping

 

India–US Dialogue Highlights

  • According to a statement issued by the Ministry of External Affairs (MEA), both countries expressed interest in enhancing defence cooperation.
  • This includes finalising a new 10-year Framework for the India–US Major Defense Partnership and expanding collaboration in defence industries, science and technology, operational coordination, regional engagements, and information sharing.
  • The discussions also touched upon trade and investment, energy security (including advancing civil-nuclear cooperation), exploration of critical minerals, as well as cooperation on counterterrorism and counternarcotics.
  • These initiatives build upon progress made under the US-India COMPACT (Catalysing Opportunities for Military Partnership, Accelerated Commerce & Technology) framework
 
Indo-Pacific & Quad

The ministers reaffirmed their commitment to ensuring a secure, stable, and prosperous Indo-Pacific, highlighting the Quad as an important platform for regional cooperation. India is also set to host the Quad Leaders’ Summit later this year, with participation from the US, Japan, and Australia
 
Outcome of the Dialogue

The meeting concluded with both sides appreciating the constructive discussions and reiterating their intention to expand the scope and depth of the India–US partnership, with an emphasis on delivering tangible benefits to the people of both nations
 
Follow Up Question
 

1.What is the significance of Indo-US defence deals over Indo-Russian defence deals? Discuss with reference to stability in the Indo-Pacific region. (UPSC CSE 2020)

2.‘What introduces friction into the ties between India and the United States is that Washington is still unable to find for India a position in its global strategy, which would satisfy India’s National self-esteem and ambitions’. Explain with suitable examples. UPSC CSE 2019)

 

Gaganyaan mission

For Preliminary Examination:  Current events of national and international Significance

For Mains Examination: GS III - Science and Technology- Achievements of Indians in science & technology

Context:

The Indian Space Research Organisation (ISRO) successfully carried out its first Integrated Air Drop Test (IADT-1) on Sunday to evaluate the parachute-based deceleration system for the upcoming Gaganyaan mission. The system is critical for ensuring safe recovery of the crew module — the capsule in which astronauts sit during a human flight — during re-entry and landing.

 

Read about:

1.With reference to India’s satellite launch vehicles, consider the following statements: (UPSC CSE 2018)

1. PSLVs launch the satellites useful for Earth resources monitoring whereas GSLVs are designed mainly to launch communication satellites.

2. Satellites launched by PSLV appear to remain permanently fixed in the same position in the sky, as viewed from a particular location on Earth.

3. GSLV Mk III is a four-staged launch vehicle with the first and third stages using solid rocket motors; and the second and fourth stages using liquid rocket engines.

Which of the statements given above is/are correct?

(a) 1 only

(b) 2 and 3 only

(c) 1 and 2 only

(d) 3 only

 

Answer (a)
 
  • 1 — Correct. PSLV (Polar Satellite Launch Vehicle) is mainly used to place Earth-observation and polar/sun-synchronous satellites into low polar orbits; GSLV (Geosynchronous Satellite Launch Vehicle) is designed to put heavier payloads into higher/geostationary orbits (typical for communication satellites).

  • 2 — Incorrect. Satellites that appear fixed in the sky are those in geostationary orbit. PSLV normally launches satellites into low or sun-synchronous polar orbits, where they move relative to an observer on Earth.

  • 3 — Incorrect. GSLV Mk III (LVM3) is a three-stage vehicle (with two large solid strap-on boosters plus a liquid core stage and a cryogenic upper stage), not a four-stage rocket as described in the statement

 

Pradhan Mantri Jan Dhan Yojana (PMJDY)

For Preliminary Examination: Government Schemes, Government initiatives

For Mains Examination: GS II - Governance

Context:

Financial inclusion is meant to empower individuals and businesses, foster growth, reduce poverty, and promote social equality. A government-backed financial inclusion drive is important for a developing country like India. That was one of the reasons behind the Pradhan Mantri Jan Dhan Yojana (PMJDY) launched on August 28, 2014

 

Read about:

What is the Pradhan Mantri Jan Dhan Yojana (PMJDY) and its objectives?

What are the benefits of PMJDY?

 

Key takeaways:

 

  • The PMJDY was launched on August 28, 2014, as a national initiative aimed at promoting financial inclusion. Its primary goal was to provide Basic Savings Bank Accounts to individuals who previously had no access to banking services. These accounts required no minimum balance and earned interest just like regular bank accounts.
  • Every PMJDY account holder was issued a RuPay debit card, which initially came with an accident insurance cover of ₹1 lakh, later increased to ₹2 lakh for accounts opened after August 28, 2018.
  • PMJDY accounts also facilitate participation in several government schemes, such as Direct Benefit Transfers (DBT), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY), and the MUDRA scheme.
  • As part of the JAM trinity—Jan Dhan, Aadhaar, and Mobile—PMJDY has revolutionized India’s financial landscape. Before its launch, only 59% of households and 35% of adults had bank accounts.
  • Today, nearly 100% of households and over 90% of adults have access to banking services, significantly reducing reliance on informal credit systems.
  • When PMJDY started, about 7.5 crore households were unbanked. By 2018, household-level banking saturation was achieved, and efforts shifted to ensuring all adults have accounts. According to the World Bank’s Findex report, account ownership among individuals aged 15+ reached 89% in 2024, while the NSS 2022–23 survey reported 94.65% of adults with bank accounts.
  • The scheme has also driven digital financial transactions, with over 38.7 crore RuPay cards issued. PMJDY accounts are now used not only for DBT but also for savings, micro-insurance, and investment products. The growth of UPI and other digital platforms is closely linked to the proliferation of PMJDY accounts.
  • Innovations like AI and natural language processing are being explored to enable voice-based transactions, reducing dependency on smartphones or internet access. This is enhancing e-commerce efficiency in smaller towns and rural areas (Tier 4 and Tier 5 centers).
  • As PMJDY enters its 12th year, the government’s focus is on sustaining and expanding its impact. Banks are conducting financial inclusion drives, updating KYC details, opening new accounts, promoting micro-insurance and pension schemes, and reducing the number of inactive accounts under the program

1.‘Pradhan Mantri Jan-Dhan Yojana’ has been launched for (UPSC CSE 2015)

(a) providing housing loan to poor people at cheaper interest rates
(b) promoting women’s Self-Help Groups in backward areas
(c) promoting financial inclusion in the country
(d) providing financial help to the marginalized communities

 

Answer (c)
 

The Pradhan Mantri Jan-Dhan Yojana (PMJDY), launched in 2014, aims to provide universal access to banking facilities for all citizens, particularly the unbanked population. It focuses on:

  • Opening zero-balance savings accounts

  • Providing RuPay debit cards

  • Offering accidental insurance cover and overdraft facilities

 

 


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