Banking General Awareness Financial Institutions in India Question Bank Previous Years Questions - Financial Inclusion

  • question_answer
    Which of the following statements regarding the 'Direct Benefits Transfer Scheme (DBT)' of the government of India is 'not' true?                     (IBPS 2013)

    A)  The scheme covers LPG subsidies, pension payments and scholarships   

    B)  Indirect transfers of benefits are more prone to leakage than direct transfers

    C)  Under DBT, money is directly transferred into bank accounts of beneficiaries

    D)  The scheme was launched on January 1, 2013 to cover 20 districts initially

    E)  The scheme is likely to increase the subsidy bill of the government?

    Correct Answer: E


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