General Studies · Banking and Finance
Financial Inclusion, as conceptualized by the Reserve Bank of India, primarily refers to ensuring access to which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Investment banking and wealth management products for low-income groups
- 2Corporate banking services for micro and small enterprises
- 3Basic financial services including savings, credit, remittance, and insurance at an affordable cost✓
- 4Only concessional credit facilities for rural areas
Correct answer
Basic financial services including savings, credit, remittance, and insurance at an affordable cost
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