RBI Assistant Prelims 27 Mar 2022 Shift 2 Paper

Question Numbers: 10-14
Directions: In the following passage, some of the words have been left out. Read the passage carefully, select the most appropriate word for each blank, and mark it as your answer.
Financial inclusion is the effort to make financial services available to all individuals and businesses, regardless of their ____(A)___. It is important because it can promote economic growth and reduce poverty. To achieve financial inclusion, governments and financial institutions must provide affordable and accessible _____(B)____services such as savings accounts, loans, and insurance. In addition, financial education is also important to ensure that individuals understand how to manage their _____(C)____and make informed financial decisions. However, there are still many challenges to achieving full financial inclusion, including lack of ______(D)_____infrastructure, cultural barriers, and discrimination. Therefore, it is important for policymakers and financial institutions to continue working towards increasing financial inclusion, so that everyone has the opportunity to participate in the _____(E)____system.