Multiple Choice Questions on According to Financial Inclusion Insights FII ndash 2015 while ownership of bank accounts has increa........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

According to Financial Inclusion Insights FII ndash 2015 while ownership of bank accounts has increa...........

Economic Affairs Financial Inclusion
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    According to Financial Inclusion Insights (FII – 2015),while ownership of bank accounts has increased in India, active use has increased to about 40 percent. Ho is 'active use' defined?

    At least one transaction completed in the last 90 days

    Correct Answer

    At least one transaction completed in the last 120 days

    Incorrect Answer

    At least one transaction completed in the last 150 days

    Incorrect Answer

    At least one transaction completed in the last 180 days

    Incorrect Answer
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    Explanation:

    Misallocation to districts with less poor:





     

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