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    Question

    Which of the following is the main channel used by banks

    to deliver financial services in remote rural areas?
    A Cooperative Societies Correct Answer Incorrect Answer
    B Postal savings accounts Correct Answer Incorrect Answer
    C Banking Correspondents Correct Answer Incorrect Answer
    D Regional Rural Banks Correct Answer Incorrect Answer
    E SHGs only Correct Answer Incorrect Answer

    Solution

    Banks appoint Banking Correspondents (BCs) to provide last-mile services like deposits, withdrawals, and remittances in unbanked villages.

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