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Direction: In the question given below, there are five statements marked A-E. All the statements except one belong to the same context. Find the odd one out and mark the correct answer from the given options.A. In India, even now the rural areas lack access to basic financial services.B. Mutual funds may offer two schemes - dividend (profits are given to investors from time to time) and growth (profits are ploughed back into the scheme leading to higher NAV).C. The Reserve Bank of India (RBI) had a mandate to promote rural credit and banking by virtue of the provisions of Section 54 of the RBI Act. Through the State Bank of India (SBI) Act in 1955, the SBI was made an important organisation for extending rural credit to supplement the efforts of cooperative institutions.D. The growth of the rural retail banking industry fosters financial inclusion by providing financial products and services to people in the farthest reaches of the country.E. However, the recent emergence of microfinance institutions (MFIs) and non-banking financial corporations (NBFCs) in this rural sector has led to a commendable growth in the industry.a)Ab)Bc)Cd)De)ECorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Direction: In the question given below, there are five statements marked A-E. All the statements except one belong to the same context. Find the odd one out and mark the correct answer from the given options.A. In India, even now the rural areas lack access to basic financial services.B. Mutual funds may offer two schemes - dividend (profits are given to investors from time to time) and growth (profits are ploughed back into the scheme leading to higher NAV).C. The Reserve Bank of India (RBI) had a mandate to promote rural credit and banking by virtue of the provisions of Section 54 of the RBI Act. Through the State Bank of India (SBI) Act in 1955, the SBI was made an important organisation for extending rural credit to supplement the efforts of cooperative institutions.D. The growth of the rural retail banking industry fosters financial inclusion by providing financial products and services to people in the farthest reaches of the country.E. However, the recent emergence of microfinance institutions (MFIs) and non-banking financial corporations (NBFCs) in this rural sector has led to a commendable growth in the industry.a)Ab)Bc)Cd)De)ECorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: In the question given below, there are five statements marked A-E. All the statements except one belong to the same context. Find the odd one out and mark the correct answer from the given options.A. In India, even now the rural areas lack access to basic financial services.B. Mutual funds may offer two schemes - dividend (profits are given to investors from time to time) and growth (profits are ploughed back into the scheme leading to higher NAV).C. The Reserve Bank of India (RBI) had a mandate to promote rural credit and banking by virtue of the provisions of Section 54 of the RBI Act. Through the State Bank of India (SBI) Act in 1955, the SBI was made an important organisation for extending rural credit to supplement the efforts of cooperative institutions.D. The growth of the rural retail banking industry fosters financial inclusion by providing financial products and services to people in the farthest reaches of the country.E. However, the recent emergence of microfinance institutions (MFIs) and non-banking financial corporations (NBFCs) in this rural sector has led to a commendable growth in the industry.a)Ab)Bc)Cd)De)ECorrect answer is option 'B'. Can you explain this answer?.

Solutions for Direction: In the question given below, there are five statements marked A-E. All the statements except one belong to the same context. Find the odd one out and mark the correct answer from the given options.A. In India, even now the rural areas lack access to basic financial services.B. Mutual funds may offer two schemes - dividend (profits are given to investors from time to time) and growth (profits are ploughed back into the scheme leading to higher NAV).C. The Reserve Bank of India (RBI) had a mandate to promote rural credit and banking by virtue of the provisions of Section 54 of the RBI Act. Through the State Bank of India (SBI) Act in 1955, the SBI was made an important organisation for extending rural credit to supplement the efforts of cooperative institutions.D. The growth of the rural retail banking industry fosters financial inclusion by providing financial products and services to people in the farthest reaches of the country.E. However, the recent emergence of microfinance institutions (MFIs) and non-banking financial corporations (NBFCs) in this rural sector has led to a commendable growth in the industry.a)Ab)Bc)Cd)De)ECorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of Direction: In the question given below, there are five statements marked A-E. All the statements except one belong to the same context. Find the odd one out and mark the correct answer from the given options.A. In India, even now the rural areas lack access to basic financial services.B. Mutual funds may offer two schemes - dividend (profits are given to investors from time to time) and growth (profits are ploughed back into the scheme leading to higher NAV).C. The Reserve Bank of India (RBI) had a mandate to promote rural credit and banking by virtue of the provisions of Section 54 of the RBI Act. Through the State Bank of India (SBI) Act in 1955, the SBI was made an important organisation for extending rural credit to supplement the efforts of cooperative institutions.D. The growth of the rural retail banking industry fosters financial inclusion by providing financial products and services to people in the farthest reaches of the country.E. However, the recent emergence of microfinance institutions (MFIs) and non-banking financial corporations (NBFCs) in this rural sector has led to a commendable growth in the industry.a)Ab)Bc)Cd)De)ECorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: In the question given below, there are five statements marked A-E. All the statements except one belong to the same context. Find the odd one out and mark the correct answer from the given options.A. In India, even now the rural areas lack access to basic financial services.B. Mutual funds may offer two schemes - dividend (profits are given to investors from time to time) and growth (profits are ploughed back into the scheme leading to higher NAV).C. The Reserve Bank of India (RBI) had a mandate to promote rural credit and banking by virtue of the provisions of Section 54 of the RBI Act. Through the State Bank of India (SBI) Act in 1955, the SBI was made an important organisation for extending rural credit to supplement the efforts of cooperative institutions.D. The growth of the rural retail banking industry fosters financial inclusion by providing financial products and services to people in the farthest reaches of the country.E. However, the recent emergence of microfinance institutions (MFIs) and non-banking financial corporations (NBFCs) in this rural sector has led to a commendable growth in the industry.a)Ab)Bc)Cd)De)ECorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Direction: In the question given below, there are five statements marked A-E. All the statements except one belong to the same context. Find the odd one out and mark the correct answer from the given options.A. In India, even now the rural areas lack access to basic financial services.B. Mutual funds may offer two schemes - dividend (profits are given to investors from time to time) and growth (profits are ploughed back into the scheme leading to higher NAV).C. The Reserve Bank of India (RBI) had a mandate to promote rural credit and banking by virtue of the provisions of Section 54 of the RBI Act. Through the State Bank of India (SBI) Act in 1955, the SBI was made an important organisation for extending rural credit to supplement the efforts of cooperative institutions.D. The growth of the rural retail banking industry fosters financial inclusion by providing financial products and services to people in the farthest reaches of the country.E. However, the recent emergence of microfinance institutions (MFIs) and non-banking financial corporations (NBFCs) in this rural sector has led to a commendable growth in the industry.a)Ab)Bc)Cd)De)ECorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Direction: In the question given below, there are five statements marked A-E. All the statements except one belong to the same context. Find the odd one out and mark the correct answer from the given options.A. In India, even now the rural areas lack access to basic financial services.B. Mutual funds may offer two schemes - dividend (profits are given to investors from time to time) and growth (profits are ploughed back into the scheme leading to higher NAV).C. The Reserve Bank of India (RBI) had a mandate to promote rural credit and banking by virtue of the provisions of Section 54 of the RBI Act. Through the State Bank of India (SBI) Act in 1955, the SBI was made an important organisation for extending rural credit to supplement the efforts of cooperative institutions.D. The growth of the rural retail banking industry fosters financial inclusion by providing financial products and services to people in the farthest reaches of the country.E. However, the recent emergence of microfinance institutions (MFIs) and non-banking financial corporations (NBFCs) in this rural sector has led to a commendable growth in the industry.a)Ab)Bc)Cd)De)ECorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: In the question given below, there are five statements marked A-E. All the statements except one belong to the same context. Find the odd one out and mark the correct answer from the given options.A. In India, even now the rural areas lack access to basic financial services.B. Mutual funds may offer two schemes - dividend (profits are given to investors from time to time) and growth (profits are ploughed back into the scheme leading to higher NAV).C. The Reserve Bank of India (RBI) had a mandate to promote rural credit and banking by virtue of the provisions of Section 54 of the RBI Act. Through the State Bank of India (SBI) Act in 1955, the SBI was made an important organisation for extending rural credit to supplement the efforts of cooperative institutions.D. The growth of the rural retail banking industry fosters financial inclusion by providing financial products and services to people in the farthest reaches of the country.E. However, the recent emergence of microfinance institutions (MFIs) and non-banking financial corporations (NBFCs) in this rural sector has led to a commendable growth in the industry.a)Ab)Bc)Cd)De)ECorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Banking Exams tests.