Question : The issues in rural banking are as follows:
a) Insufficient rural credit
b) Growing overdue
c) Inadequate amount of sanction
Option 1: Only A
Option 2: Only B and C
Option 3: Only A and B
Option 4: All of the above
Correct Answer: All of the above
Solution :
The bandwidth issue and rural connectivity are the main issues.
Lack of credit history, inability to prove income, lack of financial literacy, growing debt, and insufficient amount of sanctions are the main issues in rural banking.
Hence option d is the correct answer.