What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branch less areas?
1. It enables the beneficiaries to draw their subsidies and social security benefits in their villages.
2. It enables the beneficiaries in the rural areas to make deposits and withdrawals.
Select the correct answer using the code given below:

1 only

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2 only

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Both 2 and 2

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Neither 1 nor 2

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Solution

The correct option is A 1 only
Bank Saathi are basically representative of a bank and work on commission basis - providing banking facilities to the rural unbanked areas. They are not involved in the disbursal of either subsidies or social security benefits.

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The correct option is A 1 onlyBank Saathi are basically representative of a bank and work on commission basis - providing banking facilities to the rural unbanked areas. They are not involved in the disbursal of either subsidies or social security benefits.

The correct option is A 1 only
Bank Saathi are basically representative of a bank and work on commission basis - providing banking facilities to the rural unbanked areas. They are not involved in the disbursal of either subsidies or social security benefits.