Question
EconomyBanking, Credit and Financial InclusionBank Types, Structure and Differentiated BanksMedium (editorial estimate)
Question details
- Type:
- Statement based
- Skill:
- Concept understanding
- Tags:
- Bank Types, Structure and Differentiated Banks · Banking, Credit and Financial Inclusion
- Related topics:
- Agricultural Credit, Rural Finance and Financial Inclusion · Financial Inclusion, Priority Sector and Access to Credit
Classification and difficulty are editorial labels. Explanations are awaiting review.
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What is the purpose of setting up of Small Finance Banks (SFBs) in India? 1. To supply credit to small business units 2. To supply credit to small and marginal farmers 3. To encourage young entrepreneurs to set up business particularly in rural areas. Select the correct answer using the code given below:
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Question 40 · Bank Types, Structure and Differentiated Banks · Economy · UPSC Prelims 2017 (GS)