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Which of the following can aid furthering the government’s objective of Financial Inclusion?
- Affordable payment and remittance services
- Promoting savings by opening zero balance bank account.
- Disbursal of interest free loans to economically weaker section
- Financial advice to the disadvantaged groups
Select the correct answer code:
- a)1, 3
- b)2, 4
- c)1, 3, 4
- d)1, 2, 3, 4
Correct answer is option 'D'. Can you explain this answer?
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Which of the following can aid furthering the government’s objec...
Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – delivered in a responsible and sustainable way.
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Community Answer
Which of the following can aid furthering the government’s objec...
1. Technology: Advancements in technology can aid the government in various ways, such as improving efficiency, enhancing communication, and streamlining processes.
2. Data analysis: Utilizing data analysis tools and techniques can help the government make informed decisions, identify patterns and trends, and improve policymaking.
3. Public participation: Encouraging and facilitating public participation and engagement can aid the government in understanding the needs and priorities of the citizens, ensuring more inclusive and effective governance.
4. Transparency and accountability: Implementing transparency measures and mechanisms to hold government officials accountable can help build trust among citizens and ensure the government's actions are in the best interest of the public.
5. Collaboration and partnerships: Collaborating with various stakeholders, including non-governmental organizations, private sector entities, and international organizations, can bring diverse perspectives, resources, and expertise to address complex challenges and achieve common goals.
6. Education and training: Investing in education and training programs for government officials can enhance their skills, knowledge, and capabilities, enabling them to better serve the public and adapt to changing circumstances.
7. Evidence-based policymaking: Promoting the use of evidence and research in policy formulation can help the government develop more effective and efficient policies that are based on empirical data and analysis.
8. Good governance practices: Emphasizing principles of good governance, such as transparency, accountability, rule of law, and effective institutions, can contribute to stable and effective government functioning.
9. Civic education: Promoting civic education can help citizens better understand their rights, responsibilities, and the functioning of government, fostering active and informed citizen participation.
10. International cooperation: Engaging in international cooperation and collaboration can enable governments to learn from best practices, share experiences, and address global challenges collectively.
2. Data analysis: Utilizing data analysis tools and techniques can help the government make informed decisions, identify patterns and trends, and improve policymaking.
3. Public participation: Encouraging and facilitating public participation and engagement can aid the government in understanding the needs and priorities of the citizens, ensuring more inclusive and effective governance.
4. Transparency and accountability: Implementing transparency measures and mechanisms to hold government officials accountable can help build trust among citizens and ensure the government's actions are in the best interest of the public.
5. Collaboration and partnerships: Collaborating with various stakeholders, including non-governmental organizations, private sector entities, and international organizations, can bring diverse perspectives, resources, and expertise to address complex challenges and achieve common goals.
6. Education and training: Investing in education and training programs for government officials can enhance their skills, knowledge, and capabilities, enabling them to better serve the public and adapt to changing circumstances.
7. Evidence-based policymaking: Promoting the use of evidence and research in policy formulation can help the government develop more effective and efficient policies that are based on empirical data and analysis.
8. Good governance practices: Emphasizing principles of good governance, such as transparency, accountability, rule of law, and effective institutions, can contribute to stable and effective government functioning.
9. Civic education: Promoting civic education can help citizens better understand their rights, responsibilities, and the functioning of government, fostering active and informed citizen participation.
10. International cooperation: Engaging in international cooperation and collaboration can enable governments to learn from best practices, share experiences, and address global challenges collectively.
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Which of the following can aid furthering the government’s objective of Financial Inclusion? Affordable payment and remittance services Promoting savings by opening zero balance bank account. Disbursal of interest free loans to economically weaker section Financial advice to the disadvantaged groupsSelect the correct answer code:a)1, 3b)2, 4c)1, 3, 4d)1, 2, 3, 4Correct answer is option 'D'. Can you explain this answer?
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Which of the following can aid furthering the government’s objective of Financial Inclusion? Affordable payment and remittance services Promoting savings by opening zero balance bank account. Disbursal of interest free loans to economically weaker section Financial advice to the disadvantaged groupsSelect the correct answer code:a)1, 3b)2, 4c)1, 3, 4d)1, 2, 3, 4Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following can aid furthering the government’s objective of Financial Inclusion? Affordable payment and remittance services Promoting savings by opening zero balance bank account. Disbursal of interest free loans to economically weaker section Financial advice to the disadvantaged groupsSelect the correct answer code:a)1, 3b)2, 4c)1, 3, 4d)1, 2, 3, 4Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following can aid furthering the government’s objective of Financial Inclusion? Affordable payment and remittance services Promoting savings by opening zero balance bank account. Disbursal of interest free loans to economically weaker section Financial advice to the disadvantaged groupsSelect the correct answer code:a)1, 3b)2, 4c)1, 3, 4d)1, 2, 3, 4Correct answer is option 'D'. Can you explain this answer?.
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