Q. Consider the following:
- Providing credit
- Open new accounts
- Provide remittance facilities
- Provide Cheap Insurance
Which among the above are objectives of Swabhiman Scheme?
Answer:
1, 2, 3
Notes: The Swabhiman Scheme, launched by the Government of India in 2011, aims to promote financial inclusion, particularly for the rural population. Its primary objective is to provide remittance facilities, enabling easier money transfers for those without access to traditional banking services. This initiative is part of a broader effort to enhance financial literacy and access to banking in underserved areas.