DFS Reviews Financial Inclusion Schemes, Plans FI Saturation Drive

The correct answer is the Secretary, Department of Financial Services, Sanjay Lohiya, who took the review in New Delhi with the heads of all public sector banks and the Executive Directors of major private sector banks, assisted by senior officers of his department. Option A is wrong because the central bank was not the convener of this particular review, which was held by the Department of Financial Services in the Ministry of Finance. Option C is wrong because the meeting was at the level of the Secretary and not of the Minister. Option D is wrong because the heads of banks were the participants at this review rather than its chair. Aspirants should remember that financial inclusion schemes such as Jan Dhan, Jansuraksha and Mudra are administered by this department.

The correct answer is 21 October to 31 December 2026. The Secretary of the Department of Financial Services urged banks to take part wholeheartedly in the saturation drive running between those two dates and to give greater thrust to serving the weaker sections of society and meeting their banking needs. Option A is wrong on the start date, which falls later in the month and not on the first. Option C stretches the campaign to the close of the financial year, which is not what was announced. Option D again moves the start to the following month. In the examination, campaigns of this kind are almost always tested on their exact opening and closing dates, so both ends of the window are worth writing down.

The correct answer is the Jan Suraksha portal. Banks were directed to route every new enrolment under the Pradhan Mantri Jeevan Jyoti Bima Yojana and the Pradhan Mantri Suraksha Bima Yojana through it, because the portal is being linked with all banks and insurers, which should improve the quality of data and the ease of day-to-day operation. Option A is wrong because that platform is about locating banking touchpoints rather than enrolling insurance beneficiaries. Option B is wrong because enterprise registration has nothing to do with these two insurance schemes. Option D is wrong because the street vendors credit scheme is a separate programme, though it too was reviewed at the same meeting along with Mudra, Stand Up India, PM Vishwakarma and the Kisan Credit Card.