Current Affairs · Financial Inclusion
Consider the following statements regarding the 'Bank Mitra Model' for Financial Inclusion through Cooperatives: 1. Bank Mitras are local residents acting as banking correspondents who provide basic banking services and assist in digital transactions at the village level. 2. They play a key role in delivering direct benefit transfers (DBT) and credit access directly to farmers and rural households. 3. Bank Mitras are strictly prohibited from utilizing biometric devices or Aadhaar Enabled Payment System (AEPS) infrastructure. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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1 and 2 only
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