question_answer

As reported in various newspapers, the Reserve Bank of India is planning to allow more and more banks to function as "Local Area Banks". This will help RBI in the implementation of which of the following of its plans/drives? [SBI 2010]

(1) Financial Inclusion

(2) Rural Banking

(3) Mobile and e-Banking

A)  Only (1)

B)  Only (2)

C)  Only (3)

D)  Only (1) & (2)

E)  None of these