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With reference to the banking in India, which of the following statements correctly defines the term ‘spread’?a)Expansion of bank branches to rural and unconnected areas.b)Spreading the credit limit among businesses and priority sectors.c)Difference between borrowing interest rates and lending interest rates of a bank.d)Greater access to businesses to affordable financial products.Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the banking in India, which of the following statements correctly defines the term ‘spread’?a)Expansion of bank branches to rural and unconnected areas.b)Spreading the credit limit among businesses and priority sectors.c)Difference between borrowing interest rates and lending interest rates of a bank.d)Greater access to businesses to affordable financial products.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the banking in India, which of the following statements correctly defines the term ‘spread’?a)Expansion of bank branches to rural and unconnected areas.b)Spreading the credit limit among businesses and priority sectors.c)Difference between borrowing interest rates and lending interest rates of a bank.d)Greater access to businesses to affordable financial products.Correct answer is option 'C'. Can you explain this answer?.

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