Question

What does the author mean by 'unbanked customer'?

• A. Not having access to the services of a bank
• B. A person who buys goods or services from a financial institution
• C. A customer of a specified kind with whom one has to deal
• D. Both 2 and 3
• E. None of the above

Answer 1

The correct option is A Not having access to the services of a bank

The author refers to a person who does not have access to the services of a bank as an unbanked customer.