Increase in number of banks as is being done by R B I would result in 1 Greater...........

Economic Affairs Financial Inclusion

Increase in number of banks, as is being done by R.B.I would result in:

1. Greater Financial inclusion

2. Consolidation in Banking Sector

3. Increasing availability of loans to larger segment of population

4. Productive use of unused cash

The correct statements are:

1, 2, 3 and 4

1, 2 and 3

1, 3 and 4

1 and 2

2nd statement is incorrect. Consolidation of Banking sector is not the result of increase in number of Banks by RBI.

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