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      Question

      Which of the following best describes the core objective

      of Financial Inclusion?
      A Providing high-interest credit lines exclusively to large corporate entities. Correct Answer Incorrect Answer
      B Ensuring affordable, easy, trusted, and fair access to formal financial services for vulnerable and low-income groups. Correct Answer Incorrect Answer
      C Replacing all physical banking structures entirely with digital public infrastructures. Correct Answer Incorrect Answer
      D Offering free insurance coverage to all citizens without any regulatory or documentation requirements. Correct Answer Incorrect Answer
      E Restricting banking services only to urban and metropolitan areas to maximize bank profitability. Correct Answer Incorrect Answer

      Solution

      Financial inclusion is structurally designed to bring underserved, marginalized, and vulnerable segments of society into the formal, regulated banking ecosystem by making financial services accessible, transparent, and affordable.

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