GKwizard

Which of the following is a key objective of the Small Finance Banks (SFBs) in India?

Answer: Option C

SFBs are a niche category of banks in India with the primary objective of furthering financial inclusion by providing basic banking services, accepting deposits, and lending to small businesses, farmers, and other unserved sectors.

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

4
What is the primary function of the Reserve Bank of India (RBI) as the 'lender of last resort'?

5
Which of the following is NOT a type of Non-Banking Financial Company (NBFC) in India?

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