BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In 2011-12 Central Government launched a new Scheme ‘Swabhimaan’. Which statements are true about it?
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It is a programme on Financial Inclusion
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Opening 5 crore new rural bank accounts.
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Providing branchless banking through technology.
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All of the above
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Explanation:
Detailed explanation-1: -Swabhiman is path-breaking initiative by Govt of India and banks in state to cover the economic distance between rural and urban India. It promises to bring basic banking services to all unbanked villages in the country with population above 2000.
Detailed explanation-2: -The Objectives of this scheme are: To bring banking within the reach of the masses of the Indian population. To enable small and marginal farmers to obtain credit at lower rates from banks and other financial institutions. To empower people to achieve their own goals by enhancing their financial capabilities.
There is 1 question to complete.