Over the past year JAM trinity has thickened, spread and deepened their coverage at an astonishing rate in Indian economy. Here, JAM stands for:
A. Jan Awas Mission
B. Jawahar Awas Mission
C. Jandhan, Aadhar and Moblie
D. Jandhan, Atal Pension and Make in India
Answer:C
Over the past year JAM trinity has thickened, spread and deepened their coverage at an astonishing rate in Indian economy. Here, JAM stands for:
A. Jan Awas Mission B. Jawahar Awas Mission C. Jandhan, Aadhar and Moblie D. Jandhan, Atal Pension and Make in India
Explanation: Large-scale, technology-enabled, real-time Direct Benefit Transfers can improve the economic lives of India’s poor, and the JAM Trinity—Jan Dhan, Aadhaar, Mobile—can help government implement them. Over the past year JAM has thickened and spread: Jan Dhan and Aadhaar deepened their coverage at an astonishing rate—respectively creating 2 and 4 million accounts per week—and several mobile money operators were licensed.