InterviewSolution
Saved Bookmarks
| 1. |
What, according to the passage, has encouraged the idea of public payments bank?1). To help the government’s goal of improving the GDP of the country2). To help the rural people and unorganized workers in accessing the banking facilities3). To help the revival of Indian Post System 4). To reduce the burden on private systems engaged in financial services |
|
Answer» The question basically asks the prime motive behind the PUBLIC payments bank. The second paragraph states that the primary rationale behind the public payments bank idea is to help in the government’s goal of ACHIEVING financial inclusion by providing savings, remittance, and payments services to the rural and unorganized sectors of the economy. This makes OPTION 2 the correct answer. The main reason to open the payments bank is not RELATED to the profitability or revival of the INDIAN Post System. |
|