Question 12 of 53Indian Economy

Which one of the following is the most appropriate meaning of ‘financial inclusion’?

AExpansion of stock market capitalization
BEnsuring access to useful and affordable financial services to all sections of society
CIncreasing only foreign bank branches in urban India
DReplacing public sector banks with private banks

Correct Answer

The correct answer is hidden

Explanation

23 words hidden ... such as bank accounts, credit, remittances, insurance, and payments. It is a broad development objective aimed at ... 25 words hidden