The term 'Financial Inclusion' in India encompasses providing access to which of the following formal financial services?

A. Only credit and savings

B. Only insurance and pensions

C. Banking, credit, insurance, and payment services

D. Only investment and advisory services

Answer: Option C

Financial inclusion aims to provide access to a full suite of financial services, including banking, credit, insurance, payments, and pensions, to all sections of society.

1

The concept of 'Lead Bank Scheme' in India, introduced in 1969, primarily aimed at:

A. Promoting specialized banking services

B. Enhancing financial inclusion in rural areas

C. Regulating the lending rates of banks

D. Facilitating inter-bank transactions

2

Which of the following committees is specifically associated with recommending reforms in India's banking sector?

A. Kelkar Committee

B. Bhagwati Committee

C. Narasimham Committee

D. Tendulkar Committee

3

What is the primary function of the Reserve Bank of India (RBI) as the 'lender of last resort'?

A. Providing loans to the general public during emergencies

B. Offering financial assistance to banks facing temporary liquidity mismatches

C. Funding the government's fiscal deficit

D. Regulating non-banking financial companies (NBFCs)

4

Which of the following is NOT a type of Non-Banking Financial Company (NBFC) in India?

A. Investment Company

B. Housing Finance Company

C. Regional Rural Bank

D. Infrastructure Finance Company

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The term 'Financial Inclusion' in India encompasses providing access to which of the following formal financial services?

1

The concept of 'Lead Bank Scheme' in India, introduced in 1969, primarily aimed at:

2

Which of the following committees is specifically associated with recommending reforms in India's banking sector?

3

What is the primary function of the Reserve Bank of India (RBI) as the 'lender of last resort'?

4

Which of the following is NOT a type of Non-Banking Financial Company (NBFC) in India?

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The term 'Financial Inclusion' in India encompasses providing access to which of the following formal financial services?

1 The concept of 'Lead Bank Scheme' in India, introduced in 1969, primarily aimed at:

2 Which of the following committees is specifically associated with recommending reforms in India's banking sector?

3 What is the primary function of the Reserve Bank of India (RBI) as the 'lender of last resort'?

4 Which of the following is NOT a type of Non-Banking Financial Company (NBFC) in India?

Categories

Random Posts

Social Media

1

The concept of 'Lead Bank Scheme' in India, introduced in 1969, primarily aimed at:

2

Which of the following committees is specifically associated with recommending reforms in India's banking sector?

3

What is the primary function of the Reserve Bank of India (RBI) as the 'lender of last resort'?

4

Which of the following is NOT a type of Non-Banking Financial Company (NBFC) in India?