New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following is/are the major aim of Financial

    Inclusion?
    A Ensuring proper degree of liquidity in an economy Correct Answer Incorrect Answer
    B To provide basic banking services to all the sections of the society Correct Answer Incorrect Answer
    C Ensuring proper implementations of Monetary Policy by the Banks and other Financial Institutions Correct Answer Incorrect Answer
    D Ensuring equitable growth & development in an economy Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – delivered in a responsible and sustainable way.

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