As of 2007, which of the following was the latest buzzword among bankers ?
Following the RBI's 2005–06 Annual Policy Statement, 'Financial inclusion'—delivering banking and financial services at an affordable cost to vast sections of disadvantaged…
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As of 2007, which of the following was the latest buzzword among bankers ?
Answer and explanation
Correct answer B
Following the RBI's 2005–06 Annual Policy Statement, 'Financial inclusion'—delivering banking and financial services at an affordable cost to vast sections of disadvantaged and low-income groups via no-frills accounts—became the defining buzzword among bankers.
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UGC NET Commerce