JAM Trinity:Jan Dhan Yojana, Aadhaar and Mobile number - Budget & Economic Survey
Q. Which of the following statement / s is / are correct?
1) The JAM Number Trinity allows the state to offer support to poor households in a targeted and less distortive way.
2) JAM stands for Jan Dhan Yojana, Aadhaar and Mobile Money.- Published on 06 Aug 15a. Only 1
b. Only 2
c. Both 1 and 2
d. None of the above
ANSWER: Only 1
JAM stands for Jan Dhan Yojana, Aadhaar and Mobile Number and not mobile money. Linking the Aadhaar number to an active bank account is key to implementing income transfers.