JAM - GS questions based on daily current affairs

1)   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.

a. Only 1
b. Only 2
c. Both 1 and 2
d. None of the above
Answer  Explanation 

ANSWER: Only 1

Explanation:
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.
2)   JAM number trinity stands for

a. Jan Dhan, Aadhar, Mobile number
b. Jan Suraksha, Aadhar, Mobile number
c. Jeevan Bima, Atal pension yojana, MGNREGA
d. Jan Suraksha, Aadhar, MGNREGA
Answer  Explanation 

ANSWER: Jan Dhan, Aadhar, Mobile number

Explanation:
Jan Dhan, Aadhar and Mobile (JAM) - for direct benefit transfer.

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