Question
What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas?
1. It enables the beneficiaries to draw their subsidies and social security benefits in their villages.
2. It enables the beneficiaries in the rural areas to make deposits and withdrawals.
Select the correct answer using the code given below.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer:
C
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Explanation:
Business Correspondents (Bank Saathis) provide banking services in branchless areas. They enable beneficiaries to draw subsidies and social security benefits in their villages and facilitate deposits and withdrawals for people in rural areas.