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      Question

      Which loan helps financial inclusion?

      A Home loan Correct Answer Incorrect Answer
      B Education loan Correct Answer Incorrect Answer
      C SHGโ€“Bank linkage Correct Answer Incorrect Answer
      D Car loan Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Detailed Concept Explanation SHG โ€“ Self Help Group Bank linkage promotes financial inclusion by:

      • Providing credit to poor and rural households
      • Encouraging savings habits
      It targets the unbanked and underbanked population. Why other options are NOT correct
      • Home loan: Asset creation loan
      • Education loan: PSL but not inclusion-focused
      • Car loan: Consumption loan

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