Financial inclusion as per RBI means:
- Agreater consumer protection for newly included customers.
- Ban easily accessed and speedy grievance redressal process.
- Cexpanded efforts on financial literacy.
- DAll 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.