GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Reserve Bank of India (RBI) has constituted a committee to prepare a 5 year action plan to spread the reach of financial services across country to unbanked population. The committee will be headed by
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Urjit Patel
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Anand Siha
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Deepak Mohanty
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KC Chakraborty
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Explanation:
Detailed explanation-1: -Financial Inclusion by RBI There are some initiatives taken by the financial regulators, government, and banking officials in India. They are: No frills account. BSBDA – Basic savings bank deposit account.
Detailed explanation-2: -Opening of Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts has enabled millions of Indians to have access to financial services, with a basic bouquet of financial products.
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