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Question
Small Finance Banks are mainly designed to serve ______.
Options
Large multinational companies
Only government departments
Small borrowers and unserved sections
Foreign tourists
MCQ
Fill in the Blanks
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Solution
Small Finance Banks are mainly designed to serve small borrowers and unserved sections.
Explanation:
Small Finance Banks aim at financial inclusion by providing credit and banking services to small businesses, low-income groups and last-mile customers.
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