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UPSC Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank Industries and Infrastructure

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          What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas?
    1. It enables the beneficiaries to draw their subsidies and social security benefits in their villages.
    2. It enables the beneficiaries in the rural areas to make deposits and withdrawals.
    Select the correct answer using the code given below.

    A) 1 only                          

    B) 2 only

    C) Both 1 and 2   

    D)        Neither 1 nor 2

    Correct Answer: C

    Solution :

    Besides giving access to banking, it also enables government subsidies and social security benefits to be directly credited to the accounts of the beneficiaries, enabling them to draw the money from the bank saathi or business correspondents in their village itself.


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