Which one of the following are disposed to promote financial inclusion?
Financial inclusion aims to ensure universal access to affordable, timely, and adequate financial services (banking, credit, insurance, and payments) for all segments of…
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Which one of the following are disposed to promote financial inclusion?
Answer and explanation
Correct answer C
Financial inclusion aims to ensure universal access to affordable, timely, and adequate financial services (banking, credit, insurance, and payments) for all segments of society, especially vulnerable and low-income groups. Poor service quality, high transaction costs, and lack of trust are barriers to financial inclusion.
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UGC NET Commerce