HomeTestsSearchRankProfile
mediumMCQCompetitive Exam Practice Paper2026Economics
2 attempts0% success rate1 mark

Financial inclusion as per RBI means:

  1. A
    greater consumer protection for newly included customers.
  2. B
    an easily accessed and speedy grievance redressal process.
  3. C
    expanded efforts on financial literacy.
  4. D
    All of the above

Solution & Step-by-step Explanation

The Reserve Bank of India (RBI) views financial inclusion as a multi-dimensional strategy. Beyond expanding basic banking access, it encompasses strengthening consumer protections, establishing efficient grievance redressal mechanisms, and expanding financial literacy across vulnerable segments.

Practice this question

Try it yourself before checking the explanation above.

Financial inclusion as per RBI means:
A
greater consumer protection for newly included customers.
B
an easily accessed and speedy grievance redressal process.
C
expanded efforts on financial literacy.
D
All of the above

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across Economics.

Discussion