Site navigation

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…

Choose your answer

Which one of the following are disposed to promote financial inclusion?

Select one answer
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.

Practice for these exams

  • UGC NET Commerce

Related question papers

Related exam syllabi

Related questions in this topic