With reference to India, consider the following events: 1. Nationalisation of Banks 2. Formation of Regional Rural Banks 3. Adoption of villages by Bank Branches Which of the above events can be cons…

Question

With reference to India, consider the following events: 1. Nationalisation of Banks 2. Formation of Regional Rural Banks 3. Adoption of villages by Bank Branches Which of the above events can be considered as steps taken to achieve "financial inclusion in India"?

PYQPulse · Accepted Answer

1, 2 and 3

PYQPulse · Answer

Explanation: All three events contributed to financial inclusion in India: Nationalisation of Banks (1969): Expanded the reach of banks to rural and underserved areas, improving access to financial services. Formation of Regional Rural Banks (1975): Aimed at providing credit and banking facilities to rural and remote regions.

With reference to India, consider the following events: 1. Nationalisation of Banks 2. Formation of Regional Rural Banks 3. Adoption of villages by Bank Branches Which of the above events can be considered as steps taken to achieve "financial inclusion in India"?

Answer: B. 1, 2 and 3

Explanation

With reference to India, consider the following events: 1. Nationalisation of Banks 2. Formation of Regional Rural Banks 3. Adoption of villages by Bank Branches Which of the above events can be considered as steps taken to achieve "financial inclusion in India"?

Answer: B. 1, 2 and 3

Explanation