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From a policy perspective, BSBDA primarily supports which national objective?

hard Q9 of 15
Banking Awareness - Types Of Bank Accounts
From a policy perspective, BSBDA primarily supports which national objective?
AFinancial inclusion
BCredit expansion
CCapital market development
DExport promotion
Step-by-Step Solution
  1. Step 1: Recall why BSBDA was introduced.

    It was mandated to bring unbanked people into the system.
  2. Step 2: Match with the objective.

    This aligns with financial inclusion.
  3. Final Answer:

    Financial inclusion → Option A
  4. Quick Check:

    Basic banking access for all = inclusion ✅
Quick Trick: BSBDA is always linked to inclusion.
Common Mistakes:
  • Linking BSBDA directly with credit growth.
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