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Q 1577080886.     The Govt of India in general and the Banks in particular are very much after Financial Inclusion. a goal which both of them wish to achieve as early as possible. What is the actual meaning of Financial Inclusion?
(1) Each and every individual above the age of 21 years should have an employment and/or independent source of income
enough for him/her to sustain.
(2) It is a concept which envisages that maximum people in India should have access to banking services.
(3) Banking services should be provided only to those who have a valid and legal source of income as Govt of India wants each and every person in the income tax net irrespective of the level of their income.
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)