Question

    Lack of awareness and access to financial services is

    known as:
    A Financial instability Correct Answer Incorrect Answer
    B Financial inclusion Correct Answer Incorrect Answer
    C Financial deficit Correct Answer Incorrect Answer
    D Financial exclusion Correct Answer Incorrect Answer
    E Financial Burden Correct Answer Incorrect Answer

    Solution

    Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable.

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