Economic Survey MCQ Series- Question 14



The implementation of JAM trinity i.e. Jan Dhan, Aadhar and Mobile requires:

1) Identification of beneficiaries

2) Transfer of money to them and

3) The accessibility of the money through some banking channel

“Exclusion errors” refer to

  1. lack of 1
  2. lack of 1 and 2
  3. lack of 2 and 3
  4. lack of 3


The correct answer for yesterday’s question is 1 i.e. lack of 1

The explanation is as follows:

JAM refers to Jan Dhan, Aadhaar and Mobile. There are three ingredients that help policymakers to decide where next to spread JAM. They are: The first-mile is identification of beneficiaries. The middle-mile is transfer of money to beneficiaries. The last-mile is beneficiaries must be able to access their money from banking channel. Failure in first-mile leads to inclusion errors and leakages as benefits intended for poor reaches to rich and “ghost” households

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