CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Speculative and Precautionary Demands

Business Corr...

Question

Business Correspondent Framework launched by the Reserve Bank of India is a step in achieving which of the following?

A

Financial inclusion

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Transparency in banking transactions

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Better control over cooperative/small banks

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Providing direct subsidy to consumers of Public Distribution System (PDS)

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Financial inclusion
Business Correspondent Framework launched by the Reserve Bank of India is a step in achieving financial inclusion. Financial inclusion provides an equal opportunity to all the individuals to avail the banking service.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Reserve Bank of India controls the activities of some of the following banks in India :
i) Commercial Banks
ii) Cooperative Banks
iii) Foreign Bank
iv) Rural Banks

Q. Which of the following initiatives is/are taken by the Govt of India to boost the development of agriculture?
(A) Accelerated Irrigation Benefit Programme
(B) Fertiliser Subsidy Scheme
(C) Public Distribution System (PDS)

Q. The Ease of Doing Business Report, an international publication, is published every year by which of the following organisation(s)?
(A) World Bank
(B) WTO
(C) Reserve Bank of India.

Q. Public Distribution System (PDS) is the most important step taken by the Government of India towards ____________________.

I: The Reserve Bank of India has recently put restrictions on few small banks in the country.

II: The small banks in the private and co-operative sector in India are not in a position to withstand the competitions of the bigger banks in the public sector.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Speculative and Precautionary Demands

ECONOMICS

Watch in App

explore_more_icon

Explore more

Speculative and Precautionary Demands

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon