Question
Which of the following initiatives by RBI has NOT helped
in financial inclusion?ÂSolution
For Financial Inclusion, RBI has taken following actions- •     Advised all banks to open Basic Saving Bank Deposit (BSBD) accounts with no minimum balance •     Relaxed and simplified KYC norms to facilitate easy opening of bank accounts especially for small accounts with balances not exceeding Rs. 50,000 and aggregate credits in the accounts not exceeding Rs.One lakh a year. •     Simplified Branch Authorization Policy, to address the issue of uneven spread bank branches •     Compulsory Requirement of Opening Branches in Un-banked Villages •     Opening of intermediate brick and mortar structure •     Business Correspondent and Business Facilitator (BC-BF) Model was allowed in which basic banking facilities can be given using the agents •     All banks were asked to work on a board approved Financial Inclusion Plan
Statements: All bulb are light.
                        No light is a tubelight.
Conclusions: I. Some light a...
Statements:
Each bachelor is spinster.
Some spinsters are married.
No spinster is unmarried.
Conclusions:
I: No bache...
Statement:
Only a few Men is Women.
All Women is Wife.
Some Women is Husband.
Conclusion:
I. No Wife is Men
...Statement :Â No cup is a saucer.
           Some saucer are cubes.
          All plates ar...
Statements:
Only Market are Share.
Some Markets are Stocks.
Only a few Fund is Stock.
Conclusions:
I. At least S...
Statements:
Some creams are butters.
Some butters are cakes.
No cake is a bread.
Conclusion:
I. Somecakes may not...
Statements:
A few Bat is Ball
No Ball is Bails
Only Bails is Pitch
Conclusions:
I)Â Each Bat being Bails is a p...
Statements: All drafts are frames.
No frame is a sketch.
Conclusions: I. No Sketch is a draft.
II. Some drafts are not sketches.<...
Statements:
Some Lantern are Light.
Only a few Light are Lamp.
Some Lamp are Torch.
Conclusions:
I. Some T...
- In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if they ...