Banking Banking Awareness Financial Institutions in India Question Bank Practice Questions - Financial Inclusion

  • question_answer Which of the following was/were recommended by the Nachiket Mor Committee?
    I. Providing a universal bank account to all Indians above the age of 18 years by January 1, 2016
    II. Establishing wholesale banks for credit outreach
    III. Adjusting 50 per cent priority sector lending target with adjustments for sectors and regions based on difficulty in lending
    IV. Allowing differentiated licensees for banks

    A)  II only

    B)  I and IV

    C)  I, II and III

    D)  I, II, III and IV

    E)  None of these

    Correct Answer: D

    Solution :

    Not Available


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