The Govt of India in general and the Banks in particular are very much after Financial Inclusion. a goal which both of t

Ask a Question


Question Asked by a Student from EXXAMM.com Team


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.
A

Only (1) is true

B

Only (2) is true

C

Only (3) is true

D

All (1), (2) & (3) are true

E

None of the above

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

Find instant solution to any question from our database of 1.5 Lakh + Questions

 


Access free resources including

  • 100% free video lectures with detailed notes and examples
  • Previous Year Papers
  • Mock Tests
  • Practices question categorized in topics and 4 levels with detailed solutions
  • Syllabus & Pattern Analysis

Engineering


Medical


Banking


DEFENCE


SSC


RRB


CBSE-NCERT


OLYMPIAD